Comparing Accelerators in India – Side by Side – Part 1

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As of Writing this Post, its October 1st. And for the past few weeks, there are tons of Accelerators coming up all over the place. While there are solid entrepreneurs setting up these facilities, there are also a whole lot of others who have never built a business in their life, but are converting excess office spaces into Co-Working and “Accelerator” spaces. I’m simply going to ignore the latter kind and think they don’t exist.

If I could count the number of times, folks have asked what and how to pick an accelerator, I think I would have made another million dollars right there. Truth is, between the variables that exist (and a major factor of influence being the key guy that you will work with), its still very hard to figure which accelerator will grant you the support that you require for your startup.

Here is a small effort, that was initially set for internal use, but am making it public, on the behest of friends like Mukund Mohan.

This is Part one of the series. There is a followup coming up that will help you relate to the service offered against the stage that you are in with your idea/startup.

Comparing Accelerators in India | Side by Side - October 2012

PS: Don’t forget Part 2 – The Tech Startup Ecosystem in India Mapped

Foot Notes:

1. As you can notice it mentions “Part 1″, implying that there are many ways to slice and dice this info, and there is more coming.

2. A few folks were asking for info such as the number of companies funded etc. Since not all accelerators kicked off at the sametime, that might not be a valid measure for comparison. If you notice, this slide was also the simplest and was aimed to be kept as a comparison of the offerings – as-advertised-by-accelerators (straight off the website). If it will make it easier to understand, consider this as the “Promise” slide.

3. Disclaimer: I am part of the team at The Startup Centre. I have, to be the best of my ability, kept this to be a fair comparison (and have made a few edits/changes based on feedback from folks from the other accelerators). Wouldnt even have made this public, except for the demand and request from the community to do so.

 

 

 

 

 
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  • http://www.bestengagingcommunities.com Mukund Mohan

    Very cool compilation. I put together a key questions to ask before you select an accelerator / incubator a while ago as well. http://bestengagingcommunities.com/2012/02/18/how-to-choose-the-right-incubator-to-fuel-your-entrepreneurship-goals/

  • http://www.productnation.in Avi

    Good stuff Vijay. Please do provide hyperlinks to the website and if possible a contact number, name :). You missed the Ahmedabad incubation centre.

    One of the columns should have been highlighted which is probably the Best Option :)

    Mukund’s blog link is a good addition and will be helpful for startups looking at finding a accelerator/incubator.

    Cheers,
    Avi

  • Sarath

    Hi Vijay, This is a very detailed post. Great work. I did a post on
    startup accelerators in India and few things that a startup should take
    care before joining an accelerator program.
    http://technora.in/startup-accelerators-in-india/