Often one encounters confused looks and queries when discussing the distinctions between startup incubators, accelerators, and co-working locations. Ian Hathaway from the Brookings Institution provides a comprehensive overview.
Accelerators are playing an increasing role in startup communities throughout the United States and beyond. Early evidence demonstrates accelerators’ potential to improve startups’ outcomes, and for these benefits to spill over into the broader startup community. Nonetheless, the measurable impact accelerators have on performance varies widely among programs — not all accelerators are created equally. Quality matters.
Hathaway, I. (February 17, 2016) “Accelerating growth: Startup accelerator programs in the United States” Brookings Research Publications, No. 81