Startup accelerators are a type of startup incubator that can provide support, mentorship and funding for startup companies. This blog post will cover the basics of startup accelerators in the UK as well as some helpful tips to help you decide if one is right for you.
The startup accelerator concept has been around since the early 2000s, with Y Combinator being one of the pioneers. However, it was TechStars that really put this on the map by providing a structured program for startups to follow and giving its founders access to mentors - helping them grow their startup into something bigger!
Startup accelerators are a great way to boost your business launch. They provide structure and accountability that can sometimes be missing when you’re running around like a headless chicken trying to get things off the ground.
A startup accelerator will take your startup from idea stage to a company that is ready for investment. When you're looking to raise funds you’ll find that founder due-diligence is key, and accelerators will make you a part of a startup ecosystem (with introductions) that will help you during this whole process.
Additionally, you'll get the opportunity to network with other founders and find potential customers and partners.
You'll find a list of 10 UK startup accelerators below:
|Accelerators||Website||Location||Application by||Type of Accelerator||Investment / Equity||Application link|
|RocketSpace||https://www.rocketspace.com/accelerators/startups||Islington||Open (no date)||No||https://www.rocketspace.com/startup-services#|
|Founders Factory||https://foundersfactory.com/accelerator/||W8 5EH||Open||https://foundersfactorystartups.typeform.com/to/e4wXwj|
|Statezero Labs||https://statezerolabs.com/||Kings Cross||Open||Blockchain||50000 no equity|
|Entrepreneurs First||https://www.joinef.com/||Open 1/12/2019||https://activate2.typeform.com/to/SfUsDH|
|Oxygen Accelerator||http://www.oxygenaccelerator.com/||Open||21000e / 8%|
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