Australian startup accelerators and incubators Accelerators' key working principles are FIND, INVEST, TEACH, SUPPORT. First, accelerating companies choose a certain amount of promising ventures. The numbers differ — some choose to work with a small number of clients and invest more time in them, others invite from 50 to 300 startups per quarter or year and aim to show as many projects as it is possible. Then, they teach — some choose a 5-day-based study, others — 1 intensive day per week. Usually, accelerators invite the best professionals in tech whose startups turned out to be hits in the past. Then, they help the ventures to detect and fix their weak points — it can be design, navigation, business plan, or lack of employees. Then, on your demo day, you rise and shine, showing the investors how the world could adopt your energy by using your app. view
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