Business accelerators, often termed “startup accelerators” or “startup factories,” are organizations dedicated to fostering the rapid growth of early-stage companies. Typically operated by investors, corporations, or independent entities, they offer structured programs that usually span three to four months, providing selected startups with a combination of mentorship, educational workshops, networking opportunities, and often a modest amount of capital and office space. In exchange for these resources, accelerators usually require a small percentage of equity in participating startups.