Tech Accelerators are becoming as prevalent as a workout class at SoulCycle. The questions to consider before applying are who benefits from accelerators and how will it add value.

 

Early stage companies that have strong founders, a consistent team, and product or service already in development benefit from accelerators. The intense curriculum, networking and demo day can catapult startups to the next stage (hence the name accelerator). Here are the key benefits well-defined early-stage startups gain from accelerators:

• Networking, which includes access to large companies, investors, and the startup community. The connections formed in accelerators are vetted, so this is a great opportunity to form substantial relationships.
• Training and mentoring, which are key for development. The intense curriculum is an opportunity to learn new skills and best practices. Curriculums often focus on product development, new customer acquisition, investor pitches, and legal advice. Mentors offer guidance that help startups unlock insights to achieve that next level of success. The schedule can be so intense that it also becomes a crash course in time management. Teams learn to quickly process information and filter through advice for that golden piece of wisdom (a great life skill in addition to career skill!).
• Investment, which means the acceptance rate is low for top accelerators but the personal investment in success is high. Accelerators invest a set amount of capital in startups in exchange for equity. Capital investment also keeps the accelerator dedicated to the company success.

The consistent piece of advice from accelerator graduates, if you choose the accelerator route, make sure it’s the right fit. Graduates point out that although accelerators are a great option, it does require a large time commitment and giving up equity. Ask yourself if these factors will likely pay-off.

• Consider if the networking, curriculum, and mentors have the right expertise to compliment your company needs.
• The top accelerators (Y Combinator, Grand Central Tech, Accenture’s FinTech Innovation Lab, MassChallenge, Dreamit, to name a few) may require relocating, so determine if this is the right time to relocate or if it will be too disruptive.
• Also, consider the environment. Some accelerators are geared to attract the post-college entrepreneurs, while other accelerator programs are in a more established office-type environment.

 

The United States alone has over 200 accelerators, with the top ones receiving over 5,000 applications per program. It is competitive to get accepted into the elite programs, so if you determine the time is right to apply, feel confident that there is something out there for everyone. The right fit will jump-start you to the next step.

The follow-up question is, what happens after the accelerator?

WorkVille‘s coworking space is home to many accelerator graduates, many are from YC and Accenture’s programs. After the intense accelerator, they choose Workville because we offer a similar professional, friendly environment, but we give them the autonomy to focus on their own work. Our team takes care of their everyday needs and creates a friendly, productive atmosphere for them to thrive.

To learn more about what our founders have to say, and to take a tour of Workville, contact info@workvillenyc.com.

Meeting Rooms and Conference Rooms Hourly Rent

Workville offers a variety of Meeting Spaces for teams of all sizes. From Private offices, Conference Rooms and our all-new ” War Room”, We will find the right solution for your needs. Book your conference room in NYC today!

To make a Conference room rental in NYC visit Workvillenyc.com/meeting-rooms/

Workville’s Meeting Rooms offers entrepreneurs, individuals, and small businesses affordable business solutions including meeting rooms, day offices, conference rooms, and coworking spaces. Workville’s full-service meeting rooms and facilities come fully equipped with state-of-the-art technology for all your company’s needs.

Workville’s Meeting Rooms offers entrepreneurs, individuals, and small businesses affordable business solutions including meeting rooms, day offices, conference rooms, and coworking spaces. Workville’s full-service meeting rooms and facilities come fully equipped with state-of-the-art technology for all your company’s needs.

If you’re looking for a coworking space that is as agile as you, look no further than Workville. Our office spaces for rent are designed with your brand identity in mind.  We have small and large offices for teams of all sizes. Collaborative meeting rooms for all occasions. Membership perks and amenities will elevate your membership experience. Why do a traditional lease, when a shared office can provide flexible terms for any type of company? Book OASIS, our private full-floor corporate event space for daily rental. Your company off-site would be perfect for OASIS. Drop by our midtown location and see why some of the most successful companies rent office space with us. We will make sure to give you a space most appropriate for you. Visit our shared office space today

For more information, reach out to info@workvillenyc.com

Meeting Rooms and Conference Rooms Hourly Rent

Workville offers a variety Meeting Spaces for teams of all sizes. From Private offices, Conference Rooms and our all-new ” War Room”, We will find the right solution for your needs.

To make a Conference Room rental in NYC,  please visit Workville’s Meeting Rooms offers entrepreneurs, individuals, and small businesses affordable business solutions including meeting rooms, day offices, conference rooms, and coworking spaces. Workville’s full-service meeting rooms and facilities come fully equipped with state-of-the-art technology for all your company’s needs.

If you’re looking for a coworking space that is as agile as you, look no further than Workville. Our office spaces for rent are designed with your brand identity in mind.  We have small and large offices for teams of all sizes. Collaborative meeting rooms for all occasions. Membership perks and amenities will elevate your membership experience. Why do a traditional lease, when a shared office can provide flexible terms for any type of company? Come drop by our midtown location and see why some of the most successful companies rent office space with us. We will make sure to give you a space most appropriate for you.

For more information, reach out to info@workvillenyc.com

OASIS was created with your privacy, productivity, and your company’s personal goals in mind. Every OASIS floor features your own private floor, open desk workstations, conference areas with 65-inch display monitors, a kitchenette, a lounge, a cafe area, and two private bathrooms and Rooftop access.

 

Guests can customize their experience with our exclusive catering or choose to do their own. Multiple floors can be booked to accommodate guests of 20 – 75. OASIS is perfect for your on-demand private office, company off-site meetings, brainstorming sessions, training sessions, executive meetings, and professional events, especially filming productions and photoshoots. OASIS Rooftop is perfect for any private gathering or special occasion.

Our Rooftop is perfect for private events. It is said that Rooftop parties in midtown Manhattan are some of the best rooftops in all of NYC. Corporate events and meetings with outdoor space is rare and OASIS offers that with total privacy. See images of our rooftop on our website.

To learn more or make a reservation contact us at info@workvillenyc.com

Workville offers agile offices for rent. As an established luxury coworking space in the heart of midtown, we are a top selection for those in need of an office for rent. We encourage you to drop in a try us out for free! Whether you are looking for office space, individual workspace, temporary working space, coworking space, meeting rooms, virtual space, virtual offices, serviced workspace, coworking office space, coworking community, or collaborative spaces. shared space, shared workspace, shared office space, affordable workspace, workspace, workstation, flexible desks, shared offices, networking spaces, affordable coworking space, affordable office, you name it and we can provide it.