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What is Business Accelerator?

Definition and meaning of Business Accelerator:

biz·nuhs uhk·seh·luh·ray·tuh

A business accelerator is a program that helps established startups grow and scale. Think of it as a program that helps a hatched egg grow and develop.

Accelerators provide mentorship, office space, capital, resources, and a community of like-minded people.

To get into an accelerator, startups need to have products (MVPs) in the hands of early adopters. These startups compete to get into a business accelerator.

Accelerators usually run for six months or a year. At the end of the program, startups pitch their business to investors and potential partners.


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