With TechStars starting their first London class in July, Wayra UK just starting their second and Seedcamp going on six years; startup founders in London have more choice than ever before when it comes to accelerator programmes.
Seed accelerators typically provide their companies (over a period of three to six months) with a combination of funding, office space, access to their network of companies, mentorship from the team and mentor network and various other perks such as reduced price services and investor Demo Days.
Which accelerator (if any) is right for a particular company is a difficult choice but the programmes can be compared by looking at what they offer, speaking with alumni and judging the success of their accelerated companies (on the basis of valuations, follow-on funding raised, job creation etc.).
Since most of the accelerators have not been around in London for long, it is too early to fairly compare their success (but check out Seed-DB for interesting data on Seedcamp’s and TechStars London’s (formerly Springboard) companies so far). However, the tangible benefits they offer their companies can be compared side-by-side which is what I have tried to do here.
All information is taken directly from the programmes' websites (with links provided), if you spot any errors or omissions, please let me know.
There are accelerator programmes in London focussed on a particular market or entrepreneur, and more keep popping up, such as: