A business accelerator is a program that helps get a startup venture up and running as quickly as possible. It links up the new business to sources of funding, provides rigorous and immersive education and mentoring. It also makes offices, support services, and equipment available.

It’s really like the accelerator pedal in your car. When you step on it, your vehicle goes faster. Likewise, a startup can attain its goals faster when it takes advantage of a business accelerator.

Other interesting terms…