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Tag: startup incubators

  • List of Top Startup Incubators & Accelerators in Silicon Valley

    A new idea is always really important to develop a company or startup. A new product or service is just a first step and is not the only resource you require on the long run for your company or the startup. It wouldn’t be viable for the long run.

    That is why Incubators and accelerators play a major role in helping you scale your business and making it a successful enterprise. Let’s look at some of the top incubators and accelerators in the Silicon Valley.

    Berkeley SkyDeck
    Edvenswa Tech
    Founder Institute
    Y Combinator
    Women’s Startup Lab
    500 Startups
    BetterLabs
    World Innovation Lab
    FAQ

    Berkeley SkyDeck

    Berkeley SkyDeck is an Startup accelerator located in Berkeley and they mainly focus on the startups from the sectors such as Software, Data and Robotics to provide funding. This was originally formed to accelerate the companies which were founded by entrepreneurs who were associated with UC Berkeley.

    Berkeley SkyDeck Website
    Berkeley SkyDeck Website

    Berkeley SkyDeck provides incubation services to any startup that is affiliated with the Colleges under the University of California. They mainly work with startups that are at an early stage and supports their growth by providing investment rounds, social media marketing, etc. They provide programs which include workshops, networking events, showcase events and many more.

    Some of the major companies they work with are Concha Labs, DevSpace, Hayden AI and many more.

    Edvenswa Tech

    Edvenswa Tech is located in San Jose and they mainly focus on the startups from the sectors such as Software and Artificial Intelligence to provide funding. They work with both small-scale companies as well as well established companies. Edvenswa Tech focuses on providing technological solutions and corporate acceleration services to the companies.

    Edvenswa Tech website
    Edvenswa Tech website

    Edvenswa Tech also provides support and assistance to companies with projects such as mobile application development, UI/UX design, cloud and DevOps integration and many more.

    Some of the major companies they work with are PayPal, Berkeley Haas, March of Dimes, United States Cold Storage and many more.

    Bootstrapped SaaS Startups and Tips for Bootstrapping your Startup
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    StartupTalkyRishabh Rathi

    Founder Institute

    Founder Institute is located in Palo Alto and they mainly focus on the Global Startups to provide funding. Founder Institute was found in the year 2009 at Stanford University. It is considered to be the world’s biggest pre-seed startup incubator and accelerator.

    Founder Institute Website
    Founder Institute Website

    Founder Institute provide support and feedback programmes to early-stage startups and their entrepreneurs. They also help them to expand their businesses and help them connecting with a network of startup experts to generate funds.

    Some of the major companies the Founder Institute works with are Udemy, PetHub, Pathgather, Ceres Robotics and many more.

    Y Combinator

    Y Combinator is located in Mountain View and they mainly focus on the Startups and Global Ventures to provide funding. Y Combinator has a unique model for funding startups. Their startup funding programme is similar to a residency programme.

    Y combinator Website
    Y combinator Website

    They invest small amounts on money in the startups twice in a year to a large number of national startup companies. Once they invest in a particular company, they move them to the Silicon Valley, where they later provide them with an intensive coaching programme to prepare the companies for demo and investor pitches.

    Some of the major companies the Y Combinator works with are Stripe, Airbnb, Reddit, Instacart, Dropbox and many more.

    Startups Funded by the Facebook Accelerator Program
    The Startup Ecosystem has evolved dramatically through the previous couple ofdecades, and entrepreneurs across the globe are striving hard to come up withinnovative and actionable ideas. When individuals or groups bring forth a planwith a roadmap and a vision to change the conventional system, th…
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    Women’s Startup Lab

    Women’s Startup Lab is located in Menlo Park and they mainly focus on the Women-owned businesses to provide funding. They focus particularly on the women’s contributions towards the technological industry. Women’s Startup Lab provides acceleration and incubation services to the startups and ventures that are led by women entrepreneurs.

    Women's Startup Lab Website
    Women’s Startup Lab Website

    Some of the major companies the Women’s Startup Lab works with are Razzberry, Pandia Health, BabyQuip, Mihuru and many more.

    500 Startups

    500 Startups is located in San Francisco and they mainly focus on Global Startups and Ventures to provide funding. They are a global venture capital firm and they focus on boosting early-stage startups and help them establish themselves as valuable companies by providing them development services.

    500 Startups Website
    500 Startups Website

    They assist startups and entrepreneurs by providing support in fundraising techniques, digital marketing, customer retention, etc. They host educational events and conferences where they connect the startups with potential investors and partners.

    Some of the major companies the 500 Startups work with are CreditKarma, Justo, Talkdesk, Digital Group, ZipMatch, Tranqui and many more.

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    BetterLabs

    BetterLabs is located in Santa Clara and they mainly focus of Global Startups to provide funding. They provide resources to early-stage startups by encouraging product launch and rapid growth development at low investment rates.

    Better Labs Website
    Better Labs Website

    Some of the major companies BetterLabs work with are Khatabook, Inito, Rodeo, WorkAppsChat, Skill Lync, Interview Mocha, Cradlewise and many more.

    World Innovation Lab

    World Innovation Lab is located in Palo Alto and they mainly focus on Consumer and Enterprise technology to provide funding. They are located in Tokyo as well. They position themselves as a Global Startup ecosystem.

    World Innovation Lab provides resources and support for early-stage startups and lets them use the resources like mentorship and capital to help them grow and set themselves as well established firms. Their incubation and acceleration model consists of direct investments, workshops, mentorship programs, pitch contests, etc.

    Some of the major companies World Innovation Lab works with are Twitter, HubSpot, Fortinet, RingCentral, DocuSign and many more.

    FAQ

    What does a startup accelerator do?

    A tech startup accelerator is an organization created by experienced tech entrepreneurs to help early-stage tech companies develop their product, hone their business model, and most importantly connect with investors.

    What is the difference between an incubator and an accelerator?

    Accelerators accelerate growth of an existing company, while incubators incubate disruptive ideas with the hope of building out a business model and company. So, accelerators focus on scaling a business while incubators are often more focused on innovation.

    How do incubators make money?

    An incubator is a non profit that receives grants and will traditionally make money by charging their resident companies rent. They do offer lower interest loans but given the average success rate of startups, that is not that profitable for them.

    Conclusion

    Incubators and Accelerators always play a major role in the process of the growth and development of the startups. The startup ecosystem has been increasing worldwide and we can see much more startups coming up in the future.

  • 5 Factors to Consider while Choosing Right Startup Incubator

    A business incubator is a company that helps new and startup companies to develop by providing services such as management, training or office space. Startup incubators support the well-interested startup companies both financially and mentally.

    They offer a variety of resources and services which act as means to accelerate the company’s development. This makes them reach great heights in business fields and do an effective service to people.

    So, an entrepreneur must choose right startup incubator for him carefully. Here are some points which can help you to choose right startup incubator.

    How to prepare to get incubated
    How to Choose Right Startup Incubator for your Business
    FAQ

    How to prepare to get incubated

    Make your pitch unique

    Incubators look for companies that will ultimately succeed not just because of the equity stake, but also for investing more capital in future. While scrutinizing the applicants, they look for those who are promising and exhibit the ability to execute. The first impression is always the best impression. So prepare a unique pitch that will distinguish you from other applicants and rehearse it well so that you deliver the best on stage.

    How much you can pay

    You need to pay fees for being admitted into an incubator is typically an exchange of equity in your company. Determine how much you are ready to spend for being in an incubator and you also have to see if it is worth. Consult a legal expert who can help you with the final agreement.

    Decide what you expect from incubators

    Most of the incubators provide you physical spaces, shared services, infrastructure assistance, security and regulatory compliance, helping with borrowing loans, networking with mentors, advisors and investors, attaining strategic partnerships and more for you to grow. So, you have to decide what you can do or manage on your own and what do you expect from incubator.

    How to Choose Right Startup Incubator for your Business

    Examine the talents

    There are two important facts that should be kept in mind while choosing the right incubator.

    • The first fact is what type of resources and services they offer for the development of the startup.
    • The second fact is how much they will be able to sponsor for the development of the startup.

    Other than these facts, there are other things that must be specifically looked at.

    • The first thing is Mentors. Mentors mean a person who is experienced in the incubator. The entrepreneur must find out that the incubator has experience in the required field and their experience would be helpful to the development of their startup company or not.
    • The second thing is Location. Some of the incubators suggest relocating the program to the appropriate location. So, the entrepreneur must be aware if their business will succeed in that location or not.
    • The third thing is the curriculum. That curriculum includes the difficult training and educational seminars. So, the entrepreneur must know their capability of handling them and managing the regular activities.

    Experience is the best teacher

    The entrepreneurs should choose incubators who have the list of companies that are undergoing the same process. They will be able to suggest the best incubator who has many experiences in their career. The entrepreneurs must have incubators who share their experiences and knowledge to help them in developing their company’s success. One company’s bad experience may be another company’s ideal challenge. So, an entrepreneur must prepare their questions in advance and be thorough.

    Capable of choosing strong team members

    Entrepreneurs must choose incubators who are capable of selecting the effective and strongest team members and founders. They give fingertip business ideas to them. That team will make the changes in the development of the startup company.

    A startup that goes through an incubator will more than likely exit as a completely different and certainly more refined business. They make the business more feasible and compatible with the users.

    The entrepreneurs have the big duty to place the right developers and workers at the right place. This will reduce the confusion in the business process and lead the startup to shine among other companies.

    Self-preparation

    The entrepreneur must prepare their duty because it will make them clear in their ideas and make the company run without any obstacles. They must prepare well and be well practiced for their income.

    They should choose incubators who want companies that can succeed, not only because they have shared and invest in the future planning. The incubator must also watch how that company would succeed and find the accurate path for success.

    They must manage the founders and lead them to demonstrate the program execution. They must focus on all the activities done by the doors and founders and suggest them to work as early as possible because submission of the project on time is important. The entrepreneur should select an incubator that acts like a caring mother for the company.

    The incubator should take care of budget

    The entrepreneur must determine the person who spends the limited cost according to their project needs. The entrepreneur should ask themselves how much they are willing to give to be in the incubator and make certain it matches the needs and goals of the incubator.

    The incubator uses the cost in a beneficial manner and decides the final term sheets. It decides the accurate budget of the project without any extra expenses.

    So, these are 5 things that you need to take care when you want to choose right startup incubator.

    The incubator is an incredible opportunity for a startup company, which they should grab at the earliest if they are aiming towards success.

    FAQ

    How do incubators help startups?

    Incubators are an organization, platform or team of experienced professionals that helps startups bootstrap during its early stages and often provides mentoring, guidance, co-working space and also at times some funding.

    Is Y Combinator an incubator or accelerator?

    Y Combinator (YC) is an American seed money startup accelerator launched in March 2005. It has been used to launch over 2,000 companies.

    How many types of Business Incubators are there?

    There are 4 types of Business Incubators, Corporate Incubators, Local Economic Development Incubators, Private Investors’ Incubators and Academic Incubators.

    Conclusion

    So, the entrepreneur should choose an experienced incubator for making a perfect budget for their project. The incubator is an incredible opportunity for a startup company, which they should grab at the earliest if they are aiming towards success.