Startup
1 min read

The Difference Between Accelerators and Incubators

Written by Talent Garden Talent Garden
Don't you want to read? Try listening to the article in audio mode 🎧

What’s the difference?

When looking at the opportunities accelerators and incubators offer to startups, both of them follow very similar concepts. However, there are some main differences between the two that you should know before applying. Accelerator programs are typically focused on scaling a business and quickening growth. They have a strong emphasis on mentorship, which allows the entrepreneurs and members to be effectively guided throughout the process. Accelerators have a set time frame, usually a 3 to 4 month program. They also have an open recruitment process and allow anyone to apply, but only accept a few applicants. Lastly, accelerators have a set graduation date or demo day for their members after finishing the program. Incubators on the other hand are focused on developing innovative ideas and building a solid foundation. They have an indefinite amount of time, unlike accelerators, and concentrate on meeting benchmarks and goals. Incubators have an exclusive recruitment process, which is open to specific audiences, but they accept many. Lastly, they do not have a set graduation date or demo day for their members. After explaining some of these main differences, we hope it will help prepare you when choosing a program for your startup!
Article updated on: 09 August 2023
Talent Garden
Written by
Talent Garden, Digital Skills Academy

Keep reading

3 min read

5 Reasons Why Tech Startups Should Choose a Coworking Space in Madrid

The value of meeting others and networking with like-minded humans is a huge perk when it comes to coworking. Finding a ...
Talent Garden 04/04/2019
3 min read

Talent Garden Isola: the first campus dedicated to foodtech and sustainability

On the 12th of September, we officially launched Talent Garden Isola the third campus in Milan and our first space that ...
Talent Garden 12/09/2019
8 min read

Bill Liao: Balancing the Roles of Environmentalist and VC

Our VC in Residence programme is designed for entrepreneurs and startups to access the advice and support of ...
Talent Garden 20/07/2020
2 min read

Reading consumers’ minds through neuro-science

Emotions are at the very basis of consumers’ choices, so what if it was possible to detect the processes beyond those ...
Talent Garden 06/12/2016