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FAQ

• What does it mean for you as a startup?
• Seed investment in startups is usually made, in exchange for equity.
• The focus is on small teams, not on individual founders. Accelerators generally consider that one person is insufficient to handle all the work associated with a startup.
• The startups must "graduate" by a given deadline, typically after 3 months. During this time, they receive intensive mentoring and training, and they are expected to iterate rapidly. Virtually all accelerators end their programs with a "demo day", where the startups present to investors

• How does it work?
• Startups are accepted and supported in cohort batches or classes. The peer support and feedback that the classes provide is an important advantage. If the accelerator doesn't offer a common workspace, the teams will meet periodically.

• What does it mean for you as a startup?
• SThe primary value to the entrepreneur is derived from the mentoring, connections, and the recognition of being chosen to be a part of the accelerator. The business model is based on generating venture-style returns, not rent, or fees for services.
• Seed accelerators do not necessarily need to include physical space, but many do.
• TThe process that startups go through in the accelerator can be separated into five distinct phases: awareness, application, program, demo day, and post demo day.
• Accelerators provide enough funding to get a company to demo day, from which point the startup is on its own.