What are Accelerator Programs?

One way would be to define them as hybrid models focused on the development of early-stage startups through mentors, education, and support during a (typically) three-month period.

Tech startup accelerator programs “accelerate” the growth of an established business (one that already has a team, proof-of-concept, market validation, and so on) by providing everything necessary to scale. In exchange for the seed money they offer, they take equity in the business.