Hottest Startup Accelerators in 2019 Startups are booming more than ever, entrepreneurs around the world are coming with life-changing ideas. Mostly, startups need financial and all other kinds of support, for the fact that the entrepreneurs behind them are more visionaries and less business-minded. These startups do succeed, but it’s mostly with some backing by either incubators or accelerators.
First thing’s first, what are Startup Accelerators? Startup accelerators are widely in trend, especially with them proving their worth with some of the hottest startups of 2019 taking flight after their support. Accelerators prepare the startups to be vetted against the press and investors, by giving them the right direction they need, being a small operating company. As the name suggests, accelerators accelerate business growth, many folds in most cases, significantly reducing time to market entry. Whom does a startup exactly serve? It will be cleared in the difference between accelerators and incubators below. But what you really need to know about accelerators is that they won’t take you all the way. The typical timeline to be with an accelerator is usually 3months to 6months at max, they will typically boost business growth to 2-3years in that timeline. Most work the accelerator does is related to business growth, and mostly nothing else.