Glossary Terms

accelerator

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An accelerator, also known as a startup accelerator or seed accelerator, is a program that provides early-stage companies with mentorship, resources, and funding in exchange for equity. A typical accelerator will guide a cohort of startup companies through a series of courses and exercises designed to teach the basics of building a successful business. Most accelerator programs run for three months or so and culminate in a demo day where the startup founders pitch investors.

An “incubator” is similar to an accelerator, but is open ended—not limited to a cohort of courses over a short period of time—and typically involves semi-permanent office space and ongoing services.