Accelerator Application Strategy

Application Checklist

• Define Your ‘Why’: Clearly state why you are applying to this specific accelerator.
• Gather Your Data: Collect all key metrics on traction, user growth, and revenue.
• Get Team Buy-In: Ensure your co-founders and key team members have reviewed the application.
• Define Success Metrics: What does success look like for you post-accelerator?
• Draft and Refine: Write multiple drafts of your application answers.
• Proofread: Check for typos and grammatical errors.

Common Pitfalls to Avoid

• Generic Answers: Tailor your application. Avoid copy-pasting answers that show a lack of research.
• Ignoring Data: Don’t just tell, show your progress with quantitative data.
• Weak Team Section: Underestimating the importance of the team slide is a common mistake.
• Lack of a Clear Ask: Be specific about what you hope to gain from the program.
• Confirmation Bias: Don’t let your biases skew your application; present a balanced view that includes acknowledging risks.