Are you an entrepreneur in Manassas Park, VA looking for the best business incubators and accelerators to help you get your startup off the ground? Look no further! I have compiled a list of the top 50 startup accelerators and incubators based in the U. S. to make the process a little faster for you. For the top 10, I've added detailed information that will also help you answer some of the due diligence questions you undoubtedly have.
As promised, here's a list of the 50 best startup incubators and accelerators. The top 10 include detailed information about the application process and what you can expect from your programs.
YCombinatoris probably the most famous startup accelerator on the list, having launched more than 4000 startups. Its portfolio companies include Stripe, Airbnb, Coinbase, and Twitch.
You can apply to Y Combinator online. Your application will only be considered if you, as the founder, have at least a 10% stake in your startup. However, during the 3-month batch, you'll still have access to all the tutorials, guest speakers, group office hours with other companies in your group, and to the famous Demo Day. While the batch lasts three months, Y Combinator will continue to provide warm mentoring and presentations for as long as your startup needs it.
Not to mention continued access to the YC alumni network. Second on the list is TechStars, which has funded more than 3,500 startups to date. They're the accelerator behind Uber, Twilio, and DigitalOcean, to name just three. You can apply to TechStars using the form on their website. Completing your first application takes between two and five hours; you can contact their mentors and advisors before applying for additional help to ensure that you have portrayed your startup correctly.
If your application passes the selection process, you will receive an invitation to interview with TechStars (this process usually takes about four weeks). If you successfully complete the interview rounds, you will be invited to meet with the TechStars selection committee. For the first month, you'll focus on growing your network with 100 mentors from the Techstars network - all of whom are experts in their respective fields and have a number of connections that can help you even more. TechStars will then continue to support you through its alumni network.
MassChallengeis another great option for entrepreneurs in Manassas Park. While MassChallenge doesn't offer investments in exchange for capital, it offers “zero capital” programs and a competition-based model.
You can apply by creating a founder profile on their website and submitting an application. Each application is reviewed by MassChallenges's international community of judges. The support of the MassChallenge team is unmatched - they really care about you and will open a lot of doors with their sponsors and their network. The opportunity to present your work to 2,500 people is in itself a life-changing one.
SOSVis headquartered in New Jersey and has helped bring to life more than 2,300 startups, with portfolio companies such as Roadie, Perfect Day, and Motiv. SOSV offers a range of industry-specific programs, including hard technology, business solutions, life sciences, mobile applications, decentralization, and blockchain technology.
Intensive accelerator programs last 3 to 6 months and have an acceptance rate of less than 5%. They have an alumni network of more than 2000 founders and more than 1000 mentors from around the world. Once you've completed a program with SOSV, not only will they continue to work closely with you to support your startup but they'll also offer ongoing investment. There is no fixed capital percentage associated with these investments; however they usually represent between 1% and 5% of the company depending on the amount invested.
Innovation Worksis a Pennsylvania-based startup accelerator. To date they have helped bring more than 530 startups to life and their portfolio companies include RE2 Robotics Cognition Therapeutics and Nowait (acquired by Yelp).
Alchemist Accelerator, based in California has helped more than 560 startups achieve their goals.
Its portfolio companies include Eloquent Labs (acquired by Square), Prodigy, and Utrust. Its network is made up of more than 3,000 teachers and mentors as well as more than 5500 venture investors.
StartXhas given life to 332 startups and the accelerator is very connected thanks to its partnership with Stanford University. While they don't invest directly in your startup they offer one-on-one mentoring without capital educational seminars and access to a business community. Every six months they select around 15 teams to work with them for an intensive three-month period. To apply go to their home page then complete the online application which will be followed by an interview.
AngelPadis one of the most selective startup accelerators on this list accepting less than 1% of applicants.
In short incubators focus on startups that are in the product development phase and that do not yet have a developed business model.