Houston Accelerators (issue brief)

McNair Project

Houston Accelerators (issue brief)
Project Information
Project Title
Start Date
Deadline
Primary Billing
Notes
Has project status
Copyright © 2016 edegan.com. All Rights Reserved.

Under the Houston Entrepreneurship umbrella.

Reference Accelerator Rankings

More Tables at:

E:\McNair\Projects\Houston\Startup Source Files\Accelerators

Google Drive Spreadsheet Link https://docs.google.com/a/rice.edu/spreadsheets/d/1PLWEyBypWldls997BzWWhF9RwCo1JRPxNJPjwPNOhk4/edit?usp=sharing

Criteria for being an Accelerator

• Look at summary below for a simpler perspective

The main difference between an incubator and an accelerator seems to be the time a company spends in the program [1]. That being said, the essential criteria that a program must have to be an accelerator are mentors, sessions, a time limit around 90 days to 4 months, and a graduation day. Possible attributes include a small capital investment (maybe $20,000), a cost of a single digit percent of equity, and preparation specifically for the investment stage. The last one is almost essential. [1] [2]

Summary:

Essentail Criteria

• 90 day to 4 month program limit with a graduation at the end
• Mentoring & Industry Connections
• Education Sessions
• Preparation for investment stage

Likely attributes:

• Charge of ~7% equity
  • Esp. if it's a market accelerator
• Small capital investment (~$20,000)

Sources

[1] = Forbes: Is A Startup Incubator Or Accelerator Right For You?

[2] = Microventures: Accelerators vs. Incubators

Updated Portfolios

E:\McNair\Projects\Houston\Startup Source Files\Accelerators\Updated Portfolios