Houston Accelerators (issue brief)

McNair Project

Houston Accelerators (issue brief)
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Has project status
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Under the Houston Entrepreneurship umbrella.

Reference Accelerator Rankings

More Tables at:

E:\McNair\Projects\Houston\Startup Source Files\Accelerators

Google Drive Spreadsheet Link https://docs.google.com/a/rice.edu/spreadsheets/d/1PLWEyBypWldls997BzWWhF9RwCo1JRPxNJPjwPNOhk4/edit?usp=sharing

Criteria for being an Accelerator

The main difference between an incubator and an accelerator seems to be the time a company spends in the program [1]. That being said, the essential criteria that a program must have to be an accelerator are mentors, sessions, a time limit around 90 days to 4 months, and a graduation day. Possible attributes include a small capital investment (maybe $20,000), a cost of a single digit percent of equity, and preparation specifically for the investment stage. The last one is almost essential. 1 [2]

Summary:

Essentail Criteria

• 90 day to 4 month program limit with a graduation at the end
• Mentoring & Industry Connections
• Education Sessions
• Preparation for investment stage

Likely attributes:

• Charge of ~7% equity
• Small capital investment (~$20,000)

Sources

[1] = Forbes: Is A Startup Incubator Or Accelerator Right For You? [2] = Microventures: Accelerators vs. Incubators