Home Funding Top 10 Startup Accelerators across the World 2020

Top 10 Startup Accelerators across the World 2020

Top 10 Startup Accelerators across the World 2020
Top 10 Startup Accelerators across the World 2020

What are they?

Accelerators accelerate the growth of an existing company by focusing on scaling its business. Accelerator programs usually have a pre-set timeframe (3 to 6 months)  in which individual companies spend time between a few weeks to months working with mentors to build their business. 

How do they work?

It starts with an application process and Early-stage companies are usually given a small seed investment and access to its mentorship network, in exchange for small amounts of equity. Mentor network will not only consist of investors but also startup executives, venture capitalists and industry experts. 

At the end of an accelerator program, startups are asked to put forward a demo day attended by investors and media. 

According to Mike Bott, general manager of the Brandery, “The goal of the accelerator is to help a startup do roughly two years of business building in just a few months.” 

Let’s have a look at the TOP 10 Startup Accelerators across the world:

1. Y Combinator, USA

Y Combinator
Y Combinator

Y Combinator is considered as one of the best startup accelerators across the world. It provides seed funding for startups. Twice a year, they invest in a big number of startups in return of 7% company stakes. Since 2005 they have funded over 2000 startups. Its companies have a combined valuation of over $100B and have a community of over 4,000 founders.

Focus Area: AI, Hardware, Biotech and Edtech companies

Founding Year: 2005

Investment: $150k

Program Duration: 12 weeks

Startups Accelerated: Dropbox, Airbnb, Instacart, Stripe, Twitch, Coinbase, Weebly, Reddit etc. 

2. 500 Startups, USA

500 Startups
500 Startups

It was the first unicorn accelerator (early-stage), and its capitalization is now worth more than $ 3 billion. 500 Startup’s standard accelerator plan is a $150,000 investment in return for a 6% of company stake. It is the most active VC globally in exits and most active global investor according to VC deal count. It has invested in more than 2400 startups in 75 plus countries. They have more than 5000 founders in their portfolio. 

Focus Area: Fintech, Health & Biotech, HR and Education and IT

Founding Year: 2010

Investment: $150,000

Program Duration: 16 weeks

Startups Accelerated: Twilio, Sendgrid, Grab, Canva, Gitlab etc.

3. StartupBootCamp, Denmark

StartupBootCamp
StartupBootCamp

Startupbootcamp is the world’s largest network of multi-corporate backed accelerators which helps startups scale globally. It operates in cities like Amsterdam, Barcelona, Berlin, Copenhagen, Miami, New York, Cape Town, Dubai, Istanbul, London, Chengdu, Rome and Mumbai. Startupbootcamp has accelerated startups with €907k average funding. It has accelerated 877 startups to date with total funding of €722 million and has created 7122 jobs.

Focus Area: Fintech, Insurtech, Cybersecurity, IoT and Foodtech

Founding Year: 2010

Investment: €15,000 for 6-8% equity

Program Duration: 13 weeks

Startups Accelerated: 3D Click, Aptacam, Arion, Bits, Buck.ai etc.

4. Ignite, UK

Ignite
Ignite

It supports a noteworthy European accelerator which supports startups from the idea stage to raising Series A funds, help in refining concepts, build traction and scalable business. Ignite has invested in 150 plus companies and its portfolio companies have raised millions of dollars in investment from the top, well-known angel investors and VCs, including YCombinator, Underscore VC, Passion Capital, Balderton, Kindred, Episode 1 etc.

Focus Area: IT and data

Founding Year: 2001

Investment: $20,000 in exchange for 8% equity  

Program Duration: 6 months

Startups Accelerated: Amaliah, Reposit, Websand etc.

5. APX, Germany

APX
APX

APX provides tailor-made programs for each startup team. It has an early-stage investment approach with a highlight on personal development. They have shareholders like Axel Springer and Porsche, which give the companies many large-scale networking opportunities. It has invested in more than 60 companies from 20 countries, with more than 100 co-investors.

Focus Area: Not area-specific

Founding Year: 2018

Investment: € 25,000 for 5% of capital

Program Duration: 3,5 months

Startups Accelerated: Visiolab, Bonnet, Envision etc.

6. Tribe Accelerator, Singapore

Tribe Accelerator
Tribe Accelerator

Tribe Accelerator is Singapore’s first blockchain accelerator which works in close collaboration with the Singapore Government, as a neutral platform for the growth of the blockchain ecosystem. They have partnered with global leaders in the blockchain ecosystem like BMW, ConsenSys, Intel, Nielsen, R3 etc.

Focus Area: Blockchain, IT, InsurTech, Supply Chain Management, Sustainability Logistics and Automotives

Founding Year: 2018

Investment: Customised, No fees or equity

Program Duration: Customised

Startups Accelerated: Temco, Dimuto, xfers etc.

7. Brinc Accelerator, Hong Kong

Brinc
Brinc

Brinc accelerator is designed to help startups use technology as a tool to solve different types of challenges in the world. Its customized programs are designed for startup founders to build and establish critical early-stage validation and traction. It has invested in more than 131 companies originating from 35 plus countries, out of which 89% are operational.

Focus Area: Medtech & Biotech, Foodtech, Hardware & IoT, CleanTech, AI, Logistics, Proptech and Manufacturing.

Founding Year: 2014

Investment: Up to $100,000 in exchange for equity

Program Duration: 20 weeks

Startups Accelerated: Silent mode, Z Imaging, MyrLabs etc.

8. Melbourne Accelerator Programme, Australia

Melbourne Accelerator Programme
Melbourne Accelerator Programme

Melbourne Accelerator Programme is one of Australia’s leading startup accelerators. It is supported by the University of Melbourne and has allies like IBM, HWT and Universal Music Group. They have supported 150 plus startups, raised more than $100 million and created 1400 plus jobs. To be eligible, one of the startup members should be an Alumni of the University of Melbourne.

Focus Area: Social Impact, Sustainability, Health and Wellbeing

Founding Year: 2012

Investment: $20,000 equity-free funding

Program Duration: 5 month

Startups Accelerated: Jobbop, CNS Dose, Carbar, Brosa etc.

9. Ventiur Aceleradora, Brazil

Ventiur
Ventiur

Ventiur Aceleradora is a Brazil-based venture accelerator that invests in companies in stages like seed, startup, and early stages of development. It has accelerated more than 40 startups with the help of 80 plus investors. It has raised and invested more than R $ 12 million.

Focus Area: Agritech, Fintech, E-commerce, Logistics, Edutech, Foodtech, Health, Media etc.

Founding Year: 2013

Investment: $100k with up to 10% equity

Program Duration: 5 months 

Startups Accelerated: Pix Midia, Alu etc.

10. Injini, South Africa

Injini
Injini

Injini startup accelerator runs from March to August and supports up to eight Edtech startups with funding and advisory resources, across Africa. They provide coaching and workshops, hands-on support and ecosystem development along with financial support. 

Focus Area: Edtech

Founding Year: 2017

Investment: $ 20k, with equity up to 5% 

Program Duration: 5 months 

Startups Accelerated: Syafunda, Mosabi, Swaiba etc.

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