How to Choose the Right Startup Accelerator Program

Currently there are many accelerator program offering funds, mentoring to networking to startups. Of the many choices of accelerator programs available, only a few are in accordance with the criteria and ultimate goals of the startup. Ideally, when the startup is preparing to undergo an accelerator program, don't deploy "applications" to all existing acceleration programs, try to choose an accelerator program that matches the product, vision and mission of the startup.

Another way that can be applied when intending to run the startup accelerator program, is not to follow the accelerator program when startup has started to show a decline and has not succeeded in growing. The accelerator program will not be able to help startup when it has started collapse. Run the accelerator program, when the startup begins to experience growth or prepares to scale-up. Article The following will discuss two categories of startup accelerator programs that can be selected according to startup needs.

Private accelerator program

Usually this accelerator program focuses more on new startups that still need validation and proof of the success of their concept or business model. Private accelerator programs can help new startup owners focus on finding product market fit and build a business network.

Corporate accelerator program

This accelerator program focuses on startups that have started to enter the scale-up or startups that have been able to bring in profits, are stable and have the potential to grow. This program will help startups to increase their business by providing mentoring, information about management and business to the required technical knowledge.

With the support and facilities provided by the company, it provides opportunities for startups to carry out marketing activities, Branding to take advantage of the company's unrestricted access.