A Startup Accelerator is a program designed to support early-stage startups through mentorship, resources, and funding. These programs typically last a few months and culminate in a demo day where startups pitch to investors. The goal is to help entrepreneurs refine their business models and accelerate their growth.
Participants in a startup accelerator benefit from networking opportunities, access to industry experts, and potential investment. By providing a structured environment, accelerators aim to increase the chances of success for startups, making them a vital part of the entrepreneurial ecosystem.