Small Business News: Polling: Accelerate your small business start-up
Are you looking for ways to speed up the growth of your small business start-up? And if so, have you considered applying to a small business accelerator program? Accelerators are selective, intense programs that provide early-stage start-ups with a variety of resources to help them grow. And as the name accelerator implies, the focus is on substantial growth in a short period of time. Accelerator resources can include seed money, connections with mentors, legal advice and more.Accelerators may be an effective option for your business’s success. Consider this … one of the top ranked accelerators reports that 84% of the companies they have helped are still active and that 7% have been acquired. And in 2010, it was predicted that a few hundred accelerators would open by 2015. If this sounds like something your small business start-up can benefit from and you want to find out more, keep reading.

Small business accelerators
As a small business start-up, you’ve likely heard of venture capitalists, angel investors and small business incubators. But unlike these resources, small business accelerators are in a class of their own. Here’s how the application process typically works.

Application process
Applications are generally straightforward and the majority can be found online. For the most part, they do not require a business plan or other formalized documentation that many other investor opportunities do. Although this makes the application process easy … it also makes for more competition and in turn a decreased acceptance rate due to the sheer number of applications received. Additionally, accelerators are known for being very selective therefore you need to stand out from the competition. Here are some ideas how:

  • Send a prototype: Develop a prototype of your product prior to the application process so potential investors have something tangible to go by. Be sure it arrives in branded, professional looking packaging including a logo’d label to make an added impression.
  • Be descriptive: Your application may be the only opportunity you get to gain the attention of potential investors. Be sure to outline in detail your mission, vision and most importantly, all the actions you’ve taken to get your business off the ground. Send important company information to investors on branded USB drives or on a disk sent in logo imprinted CD holder. This ensures those investors wanting to find out more will have information available to them at their fingertips.
  • Build and promote your strong team: According to small business incorporation experts BizFilings, single founders are selected to take part in accelerator programs far less frequently than teams. Therefore, a well-rounded, talented team is something that should be endorsed as a selling point. A great way to promote each team members’ strengths could be to send brief bios on each team member containing credentials and work experience.

Express thanks: As with any presentation or application opportunity, you’ll want to leave a lasting impression by expressing your gratitude for the time expended by these busy investors. A handwritten thank you note outlining important strengths and differentiators your business possesses accompanied by a small token of appreciation such as individually wrapped, thank you brownies for each member of the investment team or some logo’d pens can help you stand out among the competition.

Remember, business accelerators may be a great way to get your small business off the ground—especially when the goal is quick, substantial growth. And accelerators not only provide funding, but the opportunity to receive priceless mentoring and valuable advice from an expert.

“Small Business Accelerator Programs Can Put Your Business in High Gear.” Time To Startup. N.p., n.d. Web. 20 July 2013.

Small Business Trends.” Small Business Trends. N.p., n.d. Web. 20 July 2013.

September
Monthly
Arthritis Month
Childhood Cancer Awareness Month
Men’s Cancer Health Awareness Month
International or National Guide Dogs Day
International People Skills Month
International Self-Awareness MonthInternational Strategic Thinking Month
Muscular Dystrophy Month

 

Ovarian Cancer Awareness Month
Prostate Cancer Awareness Month
Thyroid Cancer Awareness Month
World Animal Remembrance Month
Weekly
International Enthusiasm Week: First Week
Learn @ Work Week: Third Week
National Prostate Cancer Awareness Week: Third Week 
National Forest Week: Fourth Week
Self-Help Awareness Week: Fourth Week
Tolkien Week: Fourth Week

 

International Women’s E-Commerce Days: Fourth WeekWorld Hearing Aid Awareness Week: Fourth Week

 

Daily
4: World Cerebral Palsy Day
8: International Literacy Day
9: International Fetal Alcohol Spectrum Disorder Awareness Day
10: World Suicide Prevention Day
11: Terry Fox Run
11: National Grandparents’ Day
11: National Day of Service
13: Alzheimer Coffee Break Day
16: International Ozone Day 
21: World Alzheimer’s Day
21: International Day of Peace
29: Police and Peace Officer’s National Memorial Day

Submit your review
1
2
3
4
5
Submit
     
Cancel

Create your own review

Hot Products

Shop 4imprint's Hottest Products!

Shop Now

Sale Products

Shop 4imprint's Sale Products!

Shop Now

New Products

Shop 4imprint's Newest Products!

Shop Now

Leave a Comment

Your email address will not be published. Required fields are marked *