Startup accelerators are fixed-term programs designed to drive rapid growth and success for early-stage companies.
They typically last 3–6 months and provide seed investment, mentorship, networking opportunities, and educational resources.
Accelerators are highly selective, work intensively with startups, and focus on early-stage companies.
There are different types of accelerators, including corporate accelerators, sector-specific accelerators, university accelerators, social impact accelerators, and virtual accelerators.