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Dec 4, 2020

Accelerators and incubators to help kickstart or surge your business

Accelerators can provide mentorship, guidance, and introductions to the best people that can help take your business to the next step. Whether you're thinking about taking a plunge into entrepreneurship or already have paying customers, there is a program that can benefit what you're working on.

We asked around, and these are the trusted NYC accelerators that come recommended: 

Entrepreneurs Roundtable Accelerator (ERA)
  • Focus: Generalist Tech
  • Average Check Size: $100K
  • Cohorts: 2 cohorts (winter, summer) annually with 8-12 companies per cohort
  • Former Portfolio Companies: Thirty Madison, Keeps, BuzzTable
  • Contact: Emily@eranyc.com
Acceleprise
  • Focus: B2B SaaS
  • Average Check Size: $50K - $100K
  • Cohorts: 2 cohorts (winter, summer) annually with 8-12 companies per cohort
  • Former Portfolio Companies: RouteFusion, FirstBase, OnCue, Compa.as, Flipcause, CoProcure
  • Contact: pranavi@acceleprise.vc
Techstars New York
  • Focus: Generalist Tech
  • Average Check Size: $120K for 6-10% ownership
  • Cohorts: 1 cohort - typically starts in the spring with a demo day in the summer
  • Former Portfolio Companies: Plated, DigitalOcean, ClassPass, Chainalysis
  • Contact: Apply here
Grand Central Tech
  • Focus: Generalist Tech
  • Average Check Size: One year of free rent in GCT's office, no equity
  • Cohorts: 1 cohort for pre-seed or seed companies, and another cohort for new entrepreneurs exploring an idea. Cohorts typically start in the spring.
  • Former Portfolio Companies: Anvyl, Common, Knock, Hilma, Lolli
  • Contact: Be notified of when applications open here
Metaprop
  • Focus: PropTech
  • Average Check Size: $250K
  • Cohorts: 1 cohort, 22-week long program
  • Former Portfolio Companies: Attentive, Zeus Living, Spruce
  • Contact: Blyandvert@metaprop.vc
FinTech Innovation Lab
  • Focus: FinTech
  • Average Check Size: 0.5% equity
  • Cohorts: 1 cohort, 12-week long program for Seed to Series B companies. Best for founders working on solutions for financial institutions or insurance companies, or have customers in financial services or insurance.
  • Former Portfolio Companies: Hyperscience, Ocera Therapeutics, Shareestates
  • Contact: Apply here
NYU Tandon Future Labs
  • Focus: Generalist Tech
  • Average Check Size: Depends on program
  • Cohorts: Multiple programs that span anywhere from 12 weeks to 2-month incubators. See here for the full list and how to qualify
  • Former Portfolio Companies: Vettery, Clarifai
  • Contact: hello@futurelabs.nyc
XRC Labs
  • Focus: Retail Tech
  • Average Check Size: $135K for 6% ownership
  • Cohorts: 2 cohorts (winter, summer) annually with 8-12 companies per cohort
  • Former Portfolio Companies: Billie, TRILL, Forge, ShopShops
  • Contact: kristen@xrclabs.com
Human Ventures - Humans in the Wild
  • Focus: Overall wellness with different quarterly themes
  • Average Check Size: N/A
  • Cohorts: Fall and Spring cohorts, 100-day equity free incubation program for entrepreneurs exploring business ideas.
  • Contact: Elise.king@humanventures.com
Betaworks
  • Focus: Frontier Tech
  • Average Check Size: $200K
  • Cohorts: 3-month cohorts with a different frontier tech theme (audio, vision, synthetic, etc.)
  • Former Portfolio Companies: Yac, Facemoji, Giphy, RecRoom, Bunch
  • Contact: Apply here

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