This useful graphic is courtesy of David Chang. formerly an entrepreneur/operator at web and mobile startups and now an angel investor.
David also kindly sent me his excellent presentation on raising money, included in this post Best presentation I’ve seen on raising money for new entrepreneurs.
Of course, the graphic would be even more useful if there were links to each of the accelerators and incubators; a good project for an intern or volunteer!
I like the way David has divided up the accelerators/incubators into corporate, university and independent.
What interests me is that virtually all of these entities provide mentoring in one form or another.
But the question is what is the difference between and incubator and an accelerator?
Wikipedia makes this differentiation:
While traditional business incubators are often government-funded, generally take no equity, and focus on biotech, financial technology (FinTech), medical technology (MedTech), clean tech or product-centric companies, accelerators can be either privately or publicly funded and focus on a wide range of industries. Unlike business incubators, the application process for seed accelerators is open to anyone, but highly competitive.?
The Wikipedia entries on business incubators and seed accelerators are worth reading. And each article has references for those wanting to dive deeper into the subject.