https://startupspot.com.ng/startup-accelerator/

A startup accelerator, sometimes known as a seed accelerator, is a type of business programme that provides education, mentorship, and funding to help early-stage, growth-driven businesses.

Startups often enrol in accelerators for a predetermined period and as a group of related businesses.

Although accelerator programmes can offer valuable tools to businesses at all stages of development, the majority of them concentrate on pre-revenue businesses.

How to Become a Startup Accelerator

To become a startup accelerator, follow the procedure below:
1. Startups interested in joining an accelerator apply, and they are frequently accepted in batches that are spread out over the year.
2. Once a firm has been selected, the accelerator will offer tools and services
3. The tools and services are like coworking space, guest speakers, advising hours, and a negotiated amount of funding.
4. Term periods are typically 3 to 4 months long and call for 3 to 8% startup ownership.
5. An accelerator's aid comes to an end with a "graduation" or demo day, at which entrepreneurs present their work and move forth on their own.
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