What is Accelerator meaning?

Accelerator is a business term that describes a structured program designed to support startups in scaling quickly by providing mentorship, networking opportunities, and often seed capital. It’s commonly used in the startup and venture capital ecosystem, and helps businesses validate their ideas, build traction, and prepare for larger funding rounds.

Example

“Our startup got accepted into a top accelerator, and now we’re pitching to VCs with a refined business model and solid traction.”

How is Accelerator used in business?

In business, accelerator is typically used to describe a fast-paced program that gives startups the tools, mentorship, and funding they need to grow rapidly. These programs often culminate in a demo day, where startups pitch to investors. Understanding how accelerators work can help entrepreneurs access vital resources early in their journey.

Pro Tip

Before applying to an accelerator, research their alumni success stories, industry focus, and terms - some take equity, so make sure it aligns with your long-term vision.