Dear Advisor: What should I consider when launching an accelerator?

Originally published on June 2022, updated July + September 2022, August + September 2023

Having mentored 100+ start-ups at many accelerators in California (including Techstars LA, CTIP (a MedTech Accelerator), FoundersBoost LA, Alley Tech for Good, Alchemist, 805 start-ups, and CoFoundersLab Startup Accelerator) on product market fit, the cross-section of business and technology, data and AI strategy, and pitch decks -- I now get asked for insights, advice and tips for those considering launching new accelerators. :)

I don't have to tell you that it will all be about trade-offs you can make to achieve the outcome(s) you're aiming for. Here’s some advice, to help you better understand your value-add and position your accelerator above the competiton.

As an aside, whenever I consider mentoring at a new start-up accelerator/precellerator/incubator, these are also the questions I ask, to help me decide to mentor there, or conclude that I'm not a fit.

#1 Question: What outcomes would you like to see founders accomplish by the end of the accelerator? 



Monetization and Costs


If I were Starting One, What Would I Change/Focus on?

I can’t wait to hear more about your program. If you’re looking for advisors or mentors for the program, please keep me in mind. You know what questions I'll ask :) Good luck! 

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