Oftentimes startups can be overwhelmed by the plethora of incubators and accelerators at their disposal. Finding the right fit is essential, because where one incubator may offer hands on support, connections, and resources, another may solely provide funding.
Even more importantly, founders need to understand the main differences between an incubator and an accelerator, so they can choose the right path. Being knowledgeable about key distinctions between them and picking the proper incubator or accelerator can help companies get ahead in this crucial stage.
We are here to outline main differences between the two, and provide you with some tips to help you choose the right incubator or accelerator for your company.
For you to have a clear picture in mind, we developed a guide that will help you understand who does what, how and for whom. We will explore what it is and how it works.
Accelerator vs. incubator: what are the peculiarities and main differences? What are the fundamental elements you have to know and understand in order to pick the right partner? Here you will find it all.
How to choose an incubator: what to expect and what to look for in choosing the right incubator? Management styles and mentors, plus few examples and tips to make it all happen correctly.
If you choose and accelerator: some necessary points to make it all happen smoothly are required. Accelerators work with startups in the most critical phase of their journey, so it is best to set a good bar and focus on it when picking up a decision for an accelerator.
We hope that this tool will be helpful to you, so please feel free to give us your feedback and comment about your practices and results, we’d love to hear from you!
Giusy Cannone is Chief Executive Officer of Fashion Technology Accelerator.
She is the reference point for FTA’s corporate projects, also creating business connections for startups in the Acceleration Program and mentoring participants of our Masterclasses,