Making the Most of a Startup Accelerator
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The document discusses advice from experienced alumni of accelerators in Greater Boston, emphasizing the importance of choosing the right accelerator based on a founder's specific struggles and seeking mentors aligned with their goals. It highlights that founders should prepare thoroughly and proactively engage with the program to maximize benefits. Additionally, it underscores the significance of learning from failures and moving forward quickly.
![“Don’t expect an accelerator
to fix your [business’s]
problem. If you prepare, do
your homework, and are
proactive, you’ll be much
more successful.”
– Yuan Yin
CEO, SuperHealos](https://image.slidesharecdn.com/startup-accelerators-final-160823152511/85/Making-the-Most-of-a-Startup-Accelerator-14-320.jpg)
Making the Most of a Startup Accelerator
- 1. Advice from experienced accelerator alumni
- 3. In the greater Boston area alone, there are 50+ accelerators, incubators, and support programs for startups.
- 6. Some are free. Some take equity.
- 7. Some are free. Some take equity. Some have cohorts of 10.
- 8. Some are free. Some take equity. Some have cohorts of 10. Some have cohorts of 100.
- 9. How should a founder choose which accelerator to apply for?
- 10. How should a founder choose which accelerator to apply for? Once in, how can a founder maximize the accelerator experience?
- 11. Here’s what they had to say…
- 12. “Know what areas your company is struggling in, then find an accelerator that will help to address those issues.” – Kathryn Jones Chief Product Officer, SuperHealos
- 13. “Choose your mentors based on what you’re hoping to gain during the accelerator.” – Hanson Grant Founder and CEO, Think Board
- 14. “Don’t expect an accelerator to fix your [business’s] problem. If you prepare, do your homework, and are proactive, you’ll be much more successful.” – Yuan Yin CEO, SuperHealos
- 15. “When you fail, fail fast, and learn from your mistakes. Then move forward.” – Bernette Dawson Founder, Made Organics