In simple terms, a startup accelerator or incubator is a startup collaborator which helps budding companies grow by providing a combination of services like workplaces and product development. In fact, from the year 2008 to 2014, the number of startup accelerators grew by 50 %! Companies like AirBnB and Twitch were given birth because incubators helped push them forward. Here is taking a look at some incubators which are doing really well in the world!
1. Y Combinator
Picture credits: medium.com
Perhaps one of the most famous incubators in the world, Y Combinator has been known for training and funding over 460 startups. Founded by Paul Graham in the year 2005, this incubator has helped develop major startups like Dropbox, Posterous, Reddit, Scribd, Songkick, and Weebly. From helping the startups with a certain amount of funding, to helping them develop with a management team, this incubator gives budding startups exactly the push they need to grow.
2. Founders Space
Picture credits: nushdtx.com
With over 50 partners spread over 22 countries, Founders Space has constant programs across China, Korea, Taiwan, Europe and the United States. Known for the excellent quality of the services provided, this incubator gives complete end to end services for all the startups who ask for help. If you are looking for someone to help you grow not just at the national level but on an international scale as well, Founders Space is where you should go.
3. TechStars
Picture credits: medium.com
With a string of famous companies under its belt (DailBurn, Ignightr, Occipital, Order.in and Sociathing,) TechStars was founded in the year 2006 by David Cohen. Receiving 1000 applications on a regular basis, rumour has it, getting into TechStars is harder than getting into the Ivy League Schools! While it may be one of the most sought after accelerators, the programs are currently present only in Boston, Boulder, New York, San Antonio and Seattle!
4. PlugAndPlay
Picture credits: Inc42.com
Unlike the other incubators, PlugAndPlay helps develop the right kind of connections for the startups under them. Most of the offices they have, function as co working spaces, giving people the option to build brand value and increase the recognition of the brand on a global level. With more than a 100 partnerships spread across the world, PlugAndPlay works because of the vast space it offers!
5. Seedcamp
Picture credits: seedamp.com
Founded in the year 2007 and based out of London, Seedcamp gives startups an access to almost over 100 of the most promising startups in Europe. Every year, almost 20 startups are selected by Seedcamp and with the kind of work they do, they help in increasing the presence of the startups not just in Europe, but all over the world.
In a world where there is always a push and pull for doing something different, startup incubators help in increasing the presence of the brand. If you think we missed out on any other incubators and accelerators, comment and let us know!