What’s the difference?Accelerators Incubators• Private sector driven • Government driven• Short intensive 3-6 month • Less emphasis on program time, pressure and intensity• All can apply • Typically academic focus• Large mentor Driven Network • Small mentor driven network• Extremely selective • Many accepted• Applies “lean startup” • Applies “management” methodology methodology
open and highly competitive application process pre-seed investment in exchange for equity focus on founder & team time-sensitive support throughis… intensive mentoring and events start-ups supported in cohorts
In a sentence…The Propel Accelerator is a cohort-based accelerator program for earlystage technology entrepreneurs toincrease their chances of long-termsuccess by providing an earlyopportunity tofunding, mentorship, knowledge, andsupport.
a. Startup applicants apply to participate in a Accelerator Bootcamp and Mentor Day b. Each applicant is assessed for Accelerator fit by a panel of entrepreneurs and investors based on quality of the team, business opportunity and growth potential c. propel invites high growth potential teams to follow a rigorous Accelerator mentorship program forthe a,b,c’s of… 5-months to launch a minimum viable product
THE RIGHT STUFF have a technology focused idea/concept can be a new or early stage startuppreferably B2B focus on SaaS, mobile or enterprise social networking no business plan required no age restrictions no geographic limitationwilling to commit to weekly in-person meetings for a period of 5-months
• Bootcamp Build • Demo Day• Mentor Day • Mentorship program Shape Launch
Accelerator BootcampMentor Day – Pitch your story Shape
mentor match mentor GSD scrums founder coachingmilestone development & review networking weekly peer groups mentor diners & events know-how sessions proven methods & approaches funding pitch opportunities Build