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Accelerators can be a potent catalyst for success for early stage startups. RIHub can help guide you towards the perfect fit for you business goal.
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Is An Accelerator a Good Fit For You?
Accelerators are proving grounds that test perseverance, endurance, commitment, and focus. They are intense and high pressure by design, and demand a great deal of an entrepreneur’s time and energy. You get back what you put in to them. Sometimes they require that participants relocate to the accelerator location, however due to COVID-19 many accelerators such as MassChallenge have gone completely virtual. Going virtual opens up the possibility that you can participate in accelerators anywhere in the world.
Accelerators can be focused by vertical solutions such as healthcare or finance. Some, like IBM Alpha Zone, are focused on technology solutions for enterprise software.
Most important accelerators will give you ACCESS that might otherwise take months or years to get. Access to experts, large corporate partners, and investors are just a few of the reasons to join an accelerator.
For many new ventures, participating in an Accelerator may be the perfect step to get your venture to the next milestone.
Choosing an Accelerator
Choosing an Accelerator to apply to can seem daunting. But understanding each Accelerator’s focus and participation requirements can make navigating the options much easier.
- What is the Accelerator’s “wheelhouse”? Does it focus primarily on a particular industry or niche like urban development, green energy, or biotech? Does it cater to early or later stage startups?
- What is the length of the Accelerator, and between what dates does it run?
- Where is the Accelerator located, and what relocation requirements might exist?
- What kinds of outcomes does the Accelerator target, and do those align with the venture’s needs and goals?
Accelerators can be a potent catalyst for success for early stage startups. Offering hands-on mentorship and coaching, seminars and workshops, and proven learning frameworks and methodologies, Accelerators provide structured guidance and skill development to drive venture and entrepreneur growth.
Being cohort based, Accelerators also offer incredible opportunities to network with and learn from peers, industry experts, business leaders, and potential investors.
Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland, and Texas. MassChallenge strengthens the global innovation ecosystem by accelerating high-potential startups across all industries, from anywhere in the world for zero-equity taken.
MassChallenge uses a competition model to select our startups. The highest-impact and highest-potential startups are invited to participate in the accelerator as Finalists. Learn More.
IBM Alpha Zone Accelerator is a 20 week program, helping startups to build leading solutions for the enterprise market. The program focuses on post Seed & Round A funded companies with aim to create long term technology and business partnership with IBM worldwide.
Thanks to the IBM enterprise level business development support, our startups are already working with IBM and with its’ leading customers worldwide. Learn More.