Startup Accelerator
A startup accelerator is a program that supports early-stage startups with mentorship, network access, and often seed funding over a fixed cohort period.
Allocator relevance: A sourcing and signal channel—accelerator affiliation can indicate early momentum but does not replace underwriting.
Expanded Definition
Accelerators typically run cohorts (e.g., 3 months) where startups receive guidance, resources, and exposure to investors, often culminating in a demo day. Accelerators can improve founder networks and help standardize early fundraising, but quality varies widely and selection standards differ.
Allocators and venture managers may use accelerators for deal sourcing, but still need disciplined diligence to avoid “brand halo” bias.
How It Works in Practice
Startups apply, join a cohort, receive mentorship and small checks, then pitch at demo day. Accelerators may take equity or SAFE positions.
Decision Authority and Governance
For funds, governance matters in how much weight accelerator affiliation receives in screening and whether it biases selection away from fundamentals.
Common Misconceptions
- Accelerator participation guarantees quality.
- Accelerators “de-risk” startups.
- All accelerators provide meaningful funding.
Key Takeaways
- Accelerators provide access and network—not certainty.
- Use as a sourcing channel, not a diligence substitute.
- Quality dispersion across accelerators is large.