Also known as seed accelerator.
It's fixed-term and cohort-based programs that include mentorship and educational components for startups.
At the end of the program, a public pitch event or a demo day occurs.
- The accelerated startups present their business to investors.
It generally takes no equity and rarely provides funding.
The focus of startup accelerators is on small teams, not on individual founders.
- They consider that one person isn't enough to handle all the work associated with a startup.