As we take a hard look at accelerators this week, eight seed accelerators were recently singled out as the cream of the crop in the 2016 Seed Accelerator Rankings. Even those only casually familiar with the startup space in the U.S. have probably heard of 500 Startups (Silicon Valley), Techstars (Boulder) and Y Combinator (Silicon Valley). Those three were joined by Alchemist (San Francisco), Amplify LA (Los Angeles), Angelpad (New York), Chicago New Venture Challenge (Chicago) and MuckerLab (Los Angeles) as the top tier of accelerators in the U.S.
Led in part by Yael Hochberg, winner of the 2016 Kauffman Prize Medal for Distinguished Research in Entrepreneurship, the Seed Accelerator Rankings Project uses a variety of metrics, including the valuations of participating startups, the amount of funding raised by participating startups, startups’ survival rates and ratings provided by program graduates.
“There are new accelerator programs popping up every month," Hochberg said. "Our goal is to generate a larger conversation about what makes some seed accelerators more successful and help entrepreneurs find the right fit for their startup.”
For 2016, the rankings moved to a tier system, with no ordinal ranking within tiers. All programs are listed in alphabetical order within the tiers below. The top accelerator programs in this year’s ranking are:
The rankings are based on detailed confidential data on accelerator portfolio outcomes, which produce the most complete and comprehensive dataset on accelerator performance available. To be invited to participate in the rankings, accelerator programs had to:
The research team also surveyed graduates of the accelerator programs to assess satisfaction. Nearly 1,000 accelerator graduates participated in the survey.
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