Advantages of participating in a startup acceleration program

If you are the founder of a Startup Surely you have ever considered the possibility of participating in a acceleration program. Years ago, the figure of accelerators came to light in our country, caused by the exponential growth of the number of this type of firms.There are many pluses That the entrepreneurs can be obtained from accelerators, and today we are going to look at some of them.

Advice

Los acceleration programs make available to entrepreneurs qualified professionals with experience in the sector who play the role of mentors from startups. These advisors offer participants in the acceleration program all their knowledge of the market, decision-making processes, business models, opportunities in the sector... Having this advice helps startups to redefine your idea. Most of the startups that have succeeded in the market were born from a base that has nothing to do with their current business. Therefore, participating in an acceleration program helps entrepreneurs to take their idea on the best path.

Investors

Achieve funding is one of the biggest challenges that entrepreneurs face when they found their business. Therefore, access to investors that they can provide funding to their business, as well as personalized financial support for each case, is a great demand for entrepreneurs to participate in this type of program.

Resources

In many cases, accelerators make available to their participants. work and meeting spaces, as well as a suitable technical equipment And the means necessary for the development of the project. For entrepreneurs, having these types of resources at their disposal is often attractive, since in many cases they do not have them on their own, or the resources available to them are not the most appropriate.

Networking

Startup accelerators often participate in events and have access to contact networks which they make available to entrepreneurs who participate in their acceleration programs. They also have access to cMarketing annals, as well as the knowledge necessary to adapt the sales strategy of each business according to its needs. In many cases they are responsible for bringing the first customers to a startup. Participating in acceleration programs also provides entrepreneurs with the opportunity to sharing experiences with other projects in the same sector.

Formation

The experience as an entrepreneur is always enriching, since those who venture into it learn a lot. Participating in an acceleration program involves continuing education which will not only be useful in the implementation of a project, but throughout the project's journey.

Award

In many cases, the most attractive thing for startups is cash prize offered by accelerators to the winner of the program, although as we have seen it is only one of the benefits that entrepreneurs obtain when they sign up for this type of program. Have you participated in any acceleration programs? Why did you decide to delve into it?