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Top 100 Start-up Accelerators Around the World


Upon joining the business world, people reckon to make a hard choice; choosing between safety or freedom. They can either follow the safe, "corporate" route or jeopardize it all to pursue their entrepreneurial goals.

While people perceive getting into MNCs and startups as very different career choices, there is an opportunity to win the best of both. Nowadays, many companies try to build a bridge between the two worlds by creating corporate accelerator programs.

The corporate accelerator business model serves a dual purpose. It helps entrepreneurs to develop innovative products while assisting corporations to grow.

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precisely, Established organizations sponsor these Start-up accelerator programs. It also defines their objectives, such as pursue emerging trends, create funnels for CVC investments.

They contribute early funding, mentorship, and office space for a pre-determined timeframe, similar to the seed accelerators.

They hold sporadic inputs and work with a small number of companies. Few of them don't even need external funding from the private VCs & Angel investors.

What is a Startup Accelerator?

A startup accelerator is an entity that provides resources to develop early-stage startups into businesses that are self-sustaining or can raise additional funds. Many accelerator programs run on a rigid time frame, usually anywhere from a few days to multiple months, as they schedule a curriculum for finishing the program.

Accelerator programs are usually for startups that have already achieved a few significant milestones and are ready to expand their business quickly. Some accelerator programs offer resources to attain growth in exchange for an equity stake in the organization. Evaluating the pros and cons of enrolling in an accelerator program should be based on the following factors.

Advantages of Accelerators:

  • Funding Opportunities

Accelerators procure funding opportunities as investors strive to benefit from equity appreciation or the local governments by seeking profit from economic development.

Venture capitalists have universally embraced Accelerator programs, which typically provide training facilities to their portfolio companies. Universities and governments are also encouraged to fund their constituents and support innovation to secure employment generation and economic development benefits.

Funding capital from accelerators can vary from a few tens of thousands of dollars to more than half a million dollars. For instance, Start Mate, an Australian accelerator, contributes $75,000 by acknowledging the phases of the most recent round of funding.

If the accelerator doesn't provide initial funding in its program, this doesn't mean there aren't funding opportunities available. Most accelerator programs have a network of angel investors, venture capitalists, and more who can assist with fundraising.

  • Free Office Space

Most accelerators provide co-working office spaces and a limited number of conference rooms. Office space is a massive gain for startups for various reasons, including limiting recurring expenses, enhancing collaboration, and much more.

Firstly, the cost of leasing office space for an unproven business model is precarious. Signing a six-month or longer lease on an office space comes at a substantial cost which would undoubtedly restrict the company's sustenance before making revenue.

Co-working space in an accelerator program is profitable for teams to gain exposure and learn from like-minded crowds experiencing similar difficulties and discovering distinctive solutions. The co-working spaces also provide a professional place for meetings with investors, clients, and mentors.

  • Mentorship

Warren Buffett summed up the perks of mentorship when he said, "It's good to learn from your mistakes. It's better to discover from other people's errors."

As an entrepreneur, you will make many blunders along the way. The best way to limit these mistakes is with a blend of mentorship and open-mindedness. Every successful company or entrepreneur has developed on the tails of several failures.

Accelerators derive the best and brightest in any given domain to help the following generation deliver the same success. It helps in learning from those who have been in similar situations earlier, which can assist in steering through a demanding market.

  • Resources

Accelerators offer additional resources and strategic partnerships that can be indispensable to growth-stage startups.

Some accelerators, for instance, present legal counsel to help protect intellectual property, limit expensive litigation and provide other legal advice. Accelerators also often have established partnerships with firms that offer free or discounted products and services for startups.

Cloud computing credits, discounted SaaS subscriptions, and added resources are usually free to the startups that join an accelerator. These resources vary greatly depending on the accelerator program you choose applying.

Demo Day is also a standard perk of going through an accelerator program. The companies can pitch their ideas, showcase their products, and network with investors to build additional rounds of capital and build relationships during the D-day. 

Limitations of Accelerators:

  • Giving Up Equity

Most of the accelerator programs come at a hefty price: equity in your company.

Equity in a flourishing business is limited and therefore a highly appreciated resource. Whenever new investors, advisors, employees, or any other join the cap-table, it's imperative to think about how they will contribute to the company over its lifetime.

In startup funding, the classification of capital is on the basis of smart money versus dumb money. Smart money is when an investor enters with more than just capital, that is, passion for the business and resources over and beyond the money — and how they continue to help after the fund allocation. Dumb money is when an investor provides capital and only bothers about their return on investment.

Assume the accelerator program lasts for only six weeks but takes six percent of the business. In that case, it's crucial to analyze how this dilutes the founding team's equity, their right to raise future series of funding. Whether or not the accelerator program will proceed to provide support after the program ends.

Some accelerator programs promote the follow-on funding series. Again, it's vital to understand equity dilution and its impact on motivation. If the founding team gets diluted too early, staff may not be motivated to pour their hearts and souls into the company.

  • No Sufficient Time or Funding

Another concern when weighing the pros and cons of any given accelerator program is duration and funding capital. A startup is not built overnight. Suppose the program is brief and funding is inadequate. In that case, the startup might leave the program with minimal progress to show and even less money.

Assume the sales cycle within your industry is six or more months, and you join a three-month program with adequate funding to give your company a six-month runway. In that circumstance, you will leave the program with zero revenue and insufficient reserves to sustain till the next payment cycle.

Situations like this drive firms to raise more funding in a pinch and with no proven business model, resulting in a down-round — accumulating funds below the last round's valuation.

In this article, we list 25 of the most popular Startup accelerators from all over the world. These programs present an excellent opportunity for aspiring entrepreneurs who want to take their startups to grow to the next level.

Entry

Program

Location

Companies Accelerated

Exits

Funding

1

9Mile Labs

Seattle, WAUS

36

$0

$9,751,780

2

10-xcelerator

Columbus, OHUS

19

$0

$9,815,000

3

88mph

Pan-Africa

17

$0

$6,360,774

4

500startups

Silicon Valley, CAUS

686

$446,300,000

$4,030,020,819

5

Accelerate Baltimore

Baltimore, MDUS

26

$0

$18,759,667

6

Alpha Lab

Pittsburgh, PAUS

66

$40,000,000

$57,528,151

7

Amplify.LA

Los Angeles, CAUS

36

$57,900,000

$735,910,311

8

Angel Pad

San Francisco, CA / New York, NYUS

153

$5,618,250,000

$2,481,734,963

9

autoXLR8R

Spring Hill, TNUS

9

$0

$2,885,000

10

Axel Springer Plug and Play

Berlin DE

62

$4,800,000

$46,177,361

11

Beta spring

Providence, RIUS

71

$14,000,000

$67,938,534

12

Bethnal Green Ventures

London

33

$0

$50,235,419

13

Bizdom

Detroit, MIUS

42

$0

$83,304,926

14

Blue Start-ups

Honolulu, HIUS

42

$0

$284,198,545

15

Blueprint Health

New York, NYUS

78

$0

$341,691,407

16

BoomStartup

Sandy, Utah US

28

$0

$1,497,500

17

Boost VC

Silicon Valley, CAUS

138

$0

$420,029,694

18

build it

TartuEE

15

$0

$1,537,492

19

Capital Factory

Austin, TXUS

24

$500,000

$159,382,500

20

Capital Innovators

St. Louis, MOUS

40

$0

$193,951,366

21

Chinaccelerator

Shanghai, China CN

31

$0

$80,322,541

22

Communitech Hyperdrive

Waterloo, ONCA

19

$0

$2,880,086

23

Desai Accelerator

Ann Arbor, MIUS

16

$0

$2,852,500

24

Dream IT Ventures

US & Israel

197

$397,000,000

$1,084,094,327

25

Eleven Start-up Accelerator

SofiaBG

51

$0

$7,360,165

26

Emerge Venture Lab

London UK

20

$0

$30,820,542

27

Entrepreneurs Roundtable Accelerator

New York, NYUS

20

$0

$81,452,136

28

Flashpoint

Atlanta, Georgia US

59

$0

$434,654,510

29

Flash starts

Cleveland, OHUS

23

$0

$53,108,681

30

Flat6 Labs

Giza EG

18

$0

$402,210

31

Founder Fuel

Montreal CA

69

$0

$787,760,795

32

Game Founders

Tallinn EE

21

$0

$1,026,480

33

Gamma Rebels

Krakow PL

14

$0

$2,624,414

34

gener8tor

Madison, Milwaukee, Minneapolis US

38

$1,300,000

$184,194,050

35

Global Insurance Accelerator

Des Moines, IAUS

12

$0

$2,256,240

36

HAXLR8R

Shenzhen, China & Silicon Valley, CACN

39

$0

$144,249,387

37

Health box

Worldwide

27

$0

$98,454,929

38

Highline

Toronto CA

25

$0

$42,053,238

39

Highway1

Silicon Valley, CAUS

36

$0

$74,854,730

40

ignite100

Newcastle-upon-Tyne, England UK

30

$0

$42,894,561

41

Imagine K12

Silicon Valley, CAUS

76

$5,000,000

$393,663,058

42

InnoSpring

Santa Clara, CAUS

12

$0

$20,095,359

43

innovyz start

Adelaide AU

20

$0

$39,175,927

44

Iowa Start-up Accelerator

Cedar Rapids, IAUS

32

$0

$27,993,079

45

JFDI.Asia

Singapore SG

27

$0

$31,098,300

46

Jolt

Toronto CA

17

$20,000,000

$6,249,965

47

JumpStart Foundry

Nashville, TNUS

21

$0

$26,530,026

48

K5Launch

Los Angeles, CAUS

15

$150,000,000

$12,671,999

49

Launch House

Cleveland, OHUS

10

$0

$2,550,000

50

Launchpad LA

Los Angeles, CAUS

33

$2,295,000,000

$408,991,297

51

LAUNCHub

SofiaBG

11

$0

$3,164,895

52

Le Camping

Paris FR

48

$10,000,000

$28,244,474

53

LearnLaunchX

Boston, MAUS

14

$0

$4,205,564

54

Lighthouse Labs

Richmond, VAUS

33

$0

$41,599,319

55

Lightning Lab

Wellington NZ

19

$0

$4,099,868

56

Matter.

San Francisco, CAUS

25

$0

$33,384,445

57

Media Camp

San Francisco, CA / Los Angeles, CAUS

16

$0

$46,115,714

58

Melbourne Accelerator Program

Melbourne AU

28

$0

$18,591,457

59

Mergelane

Boulder, COUS

18

$0

$93,046,500

60

Mucker Lab

Santa Monica, CAUS

27

$0

$780,435,570

61

New York Digital Health Accelerator

New York, NYUS

21

$0

$307,458,660

62

NFX

Palo Alto, CAUS

66

$500,000

$720,053,572

63

NMotion

Lincoln, NEUS

12

$0

$405,000

64

Nxtp.labs

Buenos Aires AR

73

$4,875,500

$138,913,680

65

Orange Fab

Worldwide

20

$0

$414,195,785

66

Oxygen Accelerator

Birmingham, England UK

24

$0

$5,841,747

67

Portland Incubator Experiment (PIE)

Portland, ORUS

30

$5,600,000

$190,585,197

68

Portland Seed Fund

Portland, ORUS

23

$0

$70,297,879

69

Propeller Venture Accelerator

Dublin IE

41

$0

$15,311,787

70

ProSiebenSat.1 Accelerator

Munich DE

13

$0

$9,324,281

71

Rock start Accelerator

Amsterdam NL

39

$0

$66,280,121

72

Seed Hatchery

Memphis, TNUS

18

$0

$2,769,302

73

Seed rocket

Barcelona ES

37

$0

$101,868,438

74

SeedSumo

College Station, TXUS

17

$0

$45,783,500

75

Six Thirty

St. Louis, MOUS

15

$0

$92,988,890

76

Spark Lab KC

Kansas City, MOUS

10

$0

$4,162,000

77

Spark Labs

Seoul KR

16

$0

$112,555,881

78

Start Engine

Los Angeles, CAUS

34

$0

$6,916,000

79

Start Fast Venture Accelerator

Syracuse, NYUS

13

$0

$26,078,000

80

Start mate

Sydney AU

46

$5,000,000

$147,939,958

81

Start-up Wise Guys

Tallinn EE

24

$0

$7,861,352

82

Startupbootcamp

Worldwide

140

$0

$103,724,646

83

StartupHighway

Vilnius LT

18

$0

$2,444,492

84

StartupReykjavik

Reykjavik IS

20

$0

$5,128,512

85

StartupYard

Prague CZ

22

$340,000

$4,173,728

86

Straight Shot

Omaha, NEUS

21

$0

$5,345,200

87

SURGE

Houston, TXUS

22

$0

$38,220,386

88

Tech Wildcatters

Dallas, TXUS

26

$0

$34,963,392

89

TechStars

Worldwide

1336

$6,101,800,000

$12,690,624,018

90

Telluride Venture Accelerator

Telluride, COUS

15

$0

$26,437,801

91

The Alchemist Accelerator

Silicon Valley, CAUS

359

$0

$1,481,320,386

92

The Ark

Fayetteville, ARUS

35

$0

$1,421,666

93

The Brandery

Cincinnati, OHUS

44

$0

$103,261,014

94

Tumml

San Francisco, CAUS

18

$0

$4,880,000

95

UpTech

Northern Kentucky / Cincinnati US

22

$0

$42,000,614

96

Up west Labs

Silicon Valley, CAUS

42

$168,000,000

$961,154,969

97

Velocity Indiana Accelerator

Jeffersonville, INUS

21

$0

$7,439,000

98

Wayra

Worldwide

48

$44,000,000

$22,161,250

99

XLerateHealth

Louisville, KYUS

12

$0

$4,735,000

100

Y Combinator

Silicon Valley, CAUS

1801

$9,575,483,100

$52,211,881,615

There are countless anecdotes about companies that went through an accelerator program and achieved tremendous success. Decisions that deem to impact the business must be analyzed thoroughly and explicitly.

If the business needs assistance in additional development, accelerators can be viable options. Before enrolling in these accelerator programs, conducting meticulous research on their reputation and specifics helps.


Top 100 Start-up Accelerators Around the World