A Guide to Accomplishing the Challenge of Finding Startup Accelerators in America

finding startup accelerators in America

Startup accelerators play a vital role in growth and development of new startups since they provide budding startups with things like capital, support with development of their products, facilitate necessary education, offer co-working space as well as access to a support network. Moreover, they also enable start-ups properly prepare for venture capital.

As such, startup accelerator industry has been growing at a fast year in the last few years, making finding startup accelerators in America a challenging task. In the following sections we will look at few of the most well-known startup accelerators in the US you can select from.

Accomplishing the Challenge – Finding Startup Accelerators in America

Y Combinator

ycombinator

A team of 60 people, they have been instrumental in success of several startups including the likes of Stripe and Airbnb. They have been so popular due to the fact that they have an excellent capital network and are capable of providing superior mentorship.

Furthermore, there is an active community always present to help you out every step of the way. Additionally, Y Combinator also hosts office hours so that start up founders can get one on one attention from their mentors. Last but not the least, you as a founder of a startup can have any number of meetings with your mentor so that you get maximum assistance.

500 Startups

500_Startups

500 Startups is better known as a startup accelerator that helped Twilio, which presently has a market cap in excess of $2.5 billion. The thing that makes them unique is that apart from running series A program as well as a seed program, they also have global partnerships that helps in creation of useful startup ecosystems all around the globe.

In addition to it, they have also created a special task force which has the responsibility of improving count of female founders that are interviewed for the seed program they have.

Another interesting fact about them is that almost 45% of their total portfolio comprises of startups from racial minorities.

Techstars

Techstars

This startup accelerator was started in 2006 and one of their notable successes is ClassPass which has a current valuation of about $500M.

Here it is imperative that we mention few things about them. First of all, they have a 3-month program as well as a mentorship program that is empathetic and optimistic.

As soon as you are into their program, you get the freedom to select a work environment that you like and in addition to it, there are about 34 locations that you can choose from to continue the program they have on offer.

MassChallenge

MassChallenge

MassChallenge has a large team of about 175 people who have played their role in creation of almost sixty thousand jobs all around the world.

Looking at their features, first of all, they are a non-profit organization and secondly, they provide a cash prize of two million dollars (that too, equity free) so that startups can succeed in their endeavors.

If you are a startup firm looking for a startup accelerator then this list will give a clear idea of where to look for.

Plug and Play

plugandplayThis startup accelerator has been instrumental in success of several startups and almost four hundred startups have set up their office within headquarter building of Plug and Play.

One of the well-known startups which Plug and Play helped is LendingClub, which has earned a market cap of two billion dollars. Having their office in 22 location in every corner of the globe, they are a unique startup accelerator due to the number of startups they help in a given year with seed investment made in more than hundred startups every year.

Moreover, they do not ask for equity from startups joining their program as well as accept startup from every stage of development and of any size.

In addition to it, they also connect startups with their 180 corporate partners so that both parties can flourish through mutual growth, investments and acquisitions.

Coplex

coplexHaving helped over 250 software startups, they have many success stories to talk about and one of the most promising of all is Pluto TV that has recently crossed the valuation of $140 million. They are best known for their lean startup program wherein founders are promoted who have good business experience and want to start a company with the aim of solving a problem or software issues in the sphere they are fully conversant with.

Moreover, if your concept is of some value then it will not take more than eight weeks to get investment for the same.

Dreamit

dreamitSince it inception in 2008, Dreamit has helped more than three hundred startups, with most notable of them all being SeatGeek which stands presently at a valuation of about $200 million.

If you have a market ready product then Dreamit is the startup accelerator you need to get in touch with.  They also provide startups with a sales pipeline, easy access to investors and several other resources.

Moreover, they have two programs for you to choose from:

  • Dreamit Health: Here you will find the largest tech network focused towards health industry and gives you the chance to integrate your products into pharmaceutical firms.
  • Dreamit UrbanTech: This the other program where startups focused on construction tech, IoT, urban tech and real estate tech get the opportunity to get new customers.

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