The terms "Incubator" and "accelerator" form a basic part of the vocabulary of the entrepreneur. For better understanding, here we define the differences!

1. INCUBATOR VS. ACCELERATOR

2. Introduction
The terms "Incubator" and "accelerator" form a basic part of the
vocabulary of the entrepreneur
If you have an idea you want to turn into a business or if you have a
business with great potential that you want to develop and
accelerate, you may need to turn to external agents to help you with
your purpose. This is where the Incubators and Accelerators come
into play

3. Incubator
An incubator can be a company or a person who helps new and
startup companies to develop by providing services such as
management training or office space etc. Business incubators differ
from research and technology parks in their dedication to startup and
early-stage companies. (Wikipedia)

4. Accelerator
A Business Accelerator is very similar to an incubator but differs in
that they usually have a greater focus on companies entering or
growing in a national or global market. Business accelerators are
more likely to be financed by venture capitalist looking for an
opportunity to finance growth potential through defined action plans.

5. • Assignment of physical spaces for entrepreneurs to develop their
business
• Technical assistance and mentoring
• Transversal services (accounting, computer science, agency...)
• Networking
• Exchange of information relevant to the business
Objectives of Incubator and
Accelerator

6. • Type of Organization
• Business Stage
• Requirement
• Leadership
• Support
• Investment
• Support Time
Differences

7. Differences

8. Type of Organization
Incubator
The concept of incubator was
born in the academic and
governmental level
Accelerator
The accelerator is normally a
private entity

9. Business Stage
Incubator
Incubators act in the early stages
of the venture , maturing the idea,
helping to validate the hypothesis
business and helping build the
company
Accelerator
The accelerator operate in more
advanced stages, with already
established companies that show
growth potential and that help
achieve the next level of objectives

10. Requirement
Incubator Accelerator
The accelerator ask for business
model, because they focus on
good ideas that makes sense
Incubators ask for business plans
because they need a more formal
evaluation of the projects

11. Leadership
Incubator Accelerator
The accelerator are led by
entrepreneurs or experienced
investors
Incubators are led by managers
with experience in government
mediation, universities and
businesses

12. Support
Incubator Accelerator
The accelerator use private
capital for their own funding
Incubators use public funds
notices for themselves and for the
incubated companies

13. Investment
Incubator Accelerator
The accelerator provides financial
support to attract investors
The incubators start supporting
business after 12-24 months of its
establishment

14. Support Time
Incubator Accelerator
The acceleration period for a
business is 3 to 8 months
The incubators only assist in
preparation to receive investment
from other entities

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