It is hard to find a comprehensive list of every single startup accelerator that offers cash investment. At least one from the founder’s perspective.
Allow me to clarify. There are lists that already exist, but they tend to focus on the program’s performance, such as follow-on funding. This is relevant, but if you are just getting started as an entrepreneur you may be less concerned with that and more curious about when applications open and how much help they are offering. That is the reason why, when collecting information on startup accelerators, I focused on the following data points:
- Amount of cash investment
- Location of the program
- Application open date
- Application close date
Often this information is not clearly marked on the startup accelerator’s website and so I will be contacting each one individually to find out more. It also was not clear what part of the investment was in cash or services, another point I will follow up on.
I also found that on other lists, much of the data was stale. For example, I have already come across 58 accelerators that had shut down or converted to a seed fund. How annoying for a new founder to click on a link to an accelerator only to discover it is no longer running.
Yet another nuisance was data that grouped programs under one umbrella name. Flat6 runs an accelerator in Abu Dhabi, Beirut, Cairo, Jeddah and Tunis. The close date for applications is different for each. That is important information for the beginner entrepreneur, information that The MBA Is Dead will publish through its newsletter (sign up here).
Still, I did pretty good for a first pass at collecting data. We now have 149 accelerators in the database totaling $5,465,100 in cash available for startups. In terms of accelerators per country, the United States leads with 71, followed by the United Kingdom with 19, Germany with 8, Italy and the Netherlands with 7, Australia with 5 and the rest with 3 or less.
With a separate dataset from that from above, I also looked at which months applications tend to open and close. Accelerators tend to only publish closing dates on their sites when they are in the scouting process. As I did this search in the month of June and July, the data is probably skewed due to this fact, but I thought I’d give it a go anyway, to see what results I’d get. See the results below.
I also found 34 startup accelerators that have on going open applications. Meaning they accepted applications continuously.
As my datasets grow and become more accurate, these graphs will be more interesting, both from the founders and the accelerators perspective. My guess is that we will eventually see that there is a ‘season’ for accelerators, much like there is for school.