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5StepstoGettingIntoaStartupAccelerator .pdf


Original filename: 5StepstoGettingIntoaStartupAccelerator.pdf
Title: Funding Note
Author: Videobuff Sai

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5 KEY STEPS TO GETTING
INTO A STARTUP ACCELERATOR
ROCKET YOUR BUSINESS TO THE TOP

SO, YOU
HAVE A
GREAT
STARTUP
IDEA?

For startup founders out there
with a great idea, but still yet
lacking the business acumen
and resources needed to take
their business to the next level,
business accelerators are just
what the good doctor ordered.

STARTUP
ACCELERATORS
Accelerators offer mentorship including training, advice,
real-world application of what you’ve learned, and more.
Perhaps most important; the opportunity to start building
or expanding your current contact list.

5 nuggets of
knowledge to use
during your search for
an accelerator
1. Vet and/or apply to potential
accelerators on Angel.co first
2. Put your networking cap on early in
the process
3. Prepare well in advance for your
interviews
4. Don’t forget to consult your lawyer
before signing any documents
5. Rejoice! And get ready to go to work

1
VET AND/OR APPLY
TO POTENTIAL
ACCELERATORS ON
ANGEL.CO FIRST

AngelList is the go-to resource for
startups looking for a directory of
reputable accelerators
The great feature offered by the
site is the ability to filter by
industry and your location
The site also offers the ability to
apply to accelerator programs
directly via the site

2
PUT YOUR
NETWORKING CAP
ON EARLY IN THE
PROCESS

Reach out personally to people
who work with the accelerator
program you’re interested in
Networking will be that added
feather to the cap of your
business success down the road
As you meet and ask questions,
you’ll be able to further determine
if a specific accelerator is the right
fit for you before you apply

3
PREPARE WELL IN
ADVANCE FOR
YOUR INTERVIEWS

Make sure your team is ready to
go when the calls start coming in
Get your pitch deck set perfect,
including your short and long
term goals for the company
And remember practice makes
perfect – don’t saunter into the
meeting and wing it or you’ll
quickly regret it

4
DON’T FORGET TO
CONSULT YOUR
LAWYER BEFORE
SIGNING ANY
DOCUMENTS

In a perfect world, everyone
would be honest and nobody
would be looking to screw
anyone else over. We don’t live in
a perfect world, though
Have a good business lawyer
look over the documents before
you sign, to make sure the
accelerator’s on the up-and-up

5
REJOICE! AND
GET READY TO
GO TO WORK

If all’s well at this point, you have
officially arrived – at the second of
many milestones your business
will experience (the first is taking
action and starting the business
in the first place)


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