Want to Get Your Startup Into an Accelerator? Try These 5 Things.If accepted into an program, it means mentorship, classes and training from those who have been there and done that.

ByZach Cutler

Opinions expressed by Entrepreneur contributors are their own.

For many in the startup world, accelerators are the end-all be-all to taking a great idea and bringing it to the next level. Some have even started calling them an alternative to MBAs.

如果接受到加速器项目,它的意思mentorship, classes and training from those who have been there and done that. In some of the most elite accelerators, it also means access to a cream-of-the-crop network of professionals and investors.

"Being part of an accelerator helped to shape our company vision while putting in place a roadmap to effectively grow our company for great success," says Eric Levy, founder ofYourNeighborhood, which helps people looking to move discover the neighborhood that fits them best. YourNeighborhood recently graduated from theJFEaccelerator, one of New York and San Francisco's successful business-incubation programs.

Related:How to Get Into the Nation's Elite Accelerators

Accelerators are priceless for those who can get into them. As an entrepreneur, here are some steps to follow to get a spot in the next program:

1. Research accelerators onAngelList.Not all accelerators are a great match for every startup, Levy says. AngelList provides a great directory of accelerator programs, which allows entrepreneurs to filter which ones are the best fit based on location and industry focus. Applying to accelerators directly through AngelList is an efficient and effective application process, as well.

2. Reach out to program mentors and previous participants.There is nothing more important than the right mentor or contact in the startup world. It all begins with a great idea, but can only continue with a great network.

Venture Partner at 500 Startups, Parker Thompson,explains in a recent post, "We also look extra hard at companies that are referred in by our founders and mentors. A personal recommendation from someone we trust isn't a guarantee you'll get an interview, but it's pretty valuable."

Levy adds that reaching out to program mentors and previous participants of any accelerator you're looking to target is key. This will help ensure the accelerator is a good match, well-established, and in some cases, will help to provide a warm introduction for the application process.

3. Be prepared for the call.Once that highly anticipated call for an interview comes through it is imperative the team is ready to go. Have a minimal-viable product, a product demonstration and a "blow-their-socks-off" pitch deck that outlines the short and long-term goals for the company, Levy says.

Thompson shares, "The most important skill you can have is the ability to adapt quickly. Tell us what you've learned ... Tell us what you've done. Unscalable growth is fine (and reflects hustle), but ultimately we'll need to see a path to scalability."

Related:How to Get the Most Out of an Accelerator Program

4. Get some legal review.所以你蜜蜂n accepted into the accelerator -- congratulations! Before the celebration can start, make sure that all documentation is reviewed by legal counsel to protect the interests of both parties.

It's also critical, according to Levy, to register the company as a Delaware C-Corp -- not S-Corp or LLC. The C-Corp easily allows for issue of company stock and ensures a smooth legal process with accelerators and future investors.

5. Celebrate.Take some time to truly appreciate all the work the team has done and prepare for the bright and intense future that is to come.

"Being accepted to an accelerator is exciting and filled with great emotion," Levy says. "It was one of the best days in our company's history."

Just keep in mind it's the intense passion that will get the team through the highs and lows of the startup world. That is ultimately what should be celebrated, not just on the day the startup is accepted into an accelerator, but every day thereafter.

"Have a sincere passion for what you are doing," Amanda Greenwell, program manager ofUpTechin Cincinnati, toldSerious Startups. "Not only will your passion get investors excited about your idea but it will get you through the gut wrenching moments of being an entrepreneur."

Mentorship early on can truly make or break success, which is why entrepreneurs looking for guidance, connections and a network of support may do very well by applying to accelerator programs.

Related:How to Determine If an Accelerator Really Will Boost Your Startup

Zach Cutler

Founder & CEO, Cutler PR

Zach Cutler is an entrepreneur and founder and CEO ofCutler PR, a tech PR agency in New York and Tel Aviv. An avid tech enthusiast and angel investor, Cutler specializes in crafting social and traditional PR campaigns to help tech startups thrive.

Related Topics

Business News

Inside Barbara Corcoran's $1 Million California Trailer: 'Everything's Little'

The Pacific Palisades home boasts stunning ocean views.

Business News

This U.S. City Is One of the Most Desirable Places to Retire — and No, It's Not in Florida

A recent ranking conducted by Moody's Analytics broke down the top spots for retirees.

Starting a Business

How a Side Hustle Taking People on 'Urban Hikes' Became a Lucrative Business

Kansas City native Lisa Peña shows tourists and locals parts of the city they'd never see by car.

领导

Employers: The Burden of Going Back Into The Office Is Not as Bad as You Think — It's Worse.

Leaders falsely perceive employee wellbeing to be already high and believe the burden of going to the office will be not that bad in this broader context. This disconnect between perception and reality is what I call the "Wellbeing Paradox."

领导

Is Someone Using Subtle Power Moves on You? Here's What You Need to Know — and How to Regain Equal Footing.

Sometimes, it can be hard to figure out a person's intentions, especially if you've just met them.

Growing a Business

We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought.

Companies knew the mandated return to the office would cause some attrition, however, they were not prepared for the serious problems that would present.