The Accelerator Map
With thousands of incubators, accelerators, and support programs out there, it can be hard to identify if they are the right fit for your startup. The Accelerator Map helps you to evaluate different accelerator programs according to strategic fit and value output.
The Accelerator Map
With thousands of incubators, accelerators, and support programs out there, it can be hard to identify if they are a right fit for your startup. The Accelerator Map helps you to evaluate different accelerator programs according to strategic fit and value output.
Main Outcomes
Accelerators, Accelerators Everywhere
If you are a startup CEO, you already know that there are thousands of accelerators and startup programs around the world. At Strategy Tools we deeply believe in the power of Accelerators and what they can bring. But how do you know which to focus on?
Pick the Right Ones for You
Different accelerators bring different things. Hatch is the premier seafood aquaculture accelerator, with locations in Hawaii, Bergen, and Cork. Hax is a leading hardware accelerator, based in Shenzhen, EF is a venture builder, that started in London, now growing globally, while Powerhouse only hosts programs in Oakland. Which one would matter more?
Use Strategic Fit & Value Output
Working with startups and scale-ups, we recommend using Strategic Fit (relevant theme, location, access to market, the quality of the brand, the power of their network) to assess the Strategic Fit to your startup. Use Value Output (the expected financial gain vs. financial cost) to assess the financial gain you reasonably can expect.
Use Case: Norwegian Tech Startup
A Norwegian tech startup was exploring various growth strategies. As a part of their growth strategy, they were looking into a broad range of startup accelerators. Most were very local and offered little financial upside. Their early list of potential accelerators included Oslo, Munich, London, Boston, New York, California, Dubai, Beijing, and Kuala Lumpur. Using the Accelerator Map, they identified what truly mattered to them, analyzed the different programs, and found the ideal accelerator program for them.
Problem It Solves
✓ What is the right accelerator for our startup?
✓ How can we identify and evaluate different accelerator programs?
✓ Amongst 1000’s of incubators, accelerators, and support programs, how do we find the right match for us?
Who Is It For?
✓ Startups
✓ Scale-Ups
✓ Accelerators
✓ Incubators
✓ Consultants
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Find more canvases in the Start Up Series. Thousands of companies, consultants and leaders around the world use Strategy Tools Digital Solutions to build capabilities and deliver business impact. Join them.