If you are an entrepreneur in New York, now has never been the best time to start a business. There are more resources available than ever and more access to capital. But one of the most important things an aspiring entrepreneur needs is mentorship, which is exactly where accelerators and incubators come in. These programs match people with the experience of some of the biggest names in the technology with promising startups that need help getting off the ground. They provide everything from capital funding to business strategy advice for startups at different stages of development.
1.Alleycorp
AlleyCorp is a New York-based startup accelerator and incubator. The company focuses on helping startups create new technologies, products and services.
AlleyCorp was founded by Andrew B. Jones, who previously worked at Google (Alphabet) as an engineer, product manager and product designer for various platforms including search, ads and YouTube mobile apps. He also has experience working with startups during his time at General Catalyst Partners where he worked on the firm’s investment team for five years before starting AlleyCorp.
2. Liaison collective
Bond Collective is a coworking space and accelerator program with a large community of startups, founders and developers. If you have an idea for the next big thing in New York, Bond Collective is offering entrepreneurs access to its facilities on Roosevelt Island with no application fee.
The Accelerator program accepts applications at any time through its open application process. Selected individuals will receive free business classes and mentorship from industry experts throughout the year as well as office space in Manhattan’s Financial District or Brooklyn Heights.
3. (ERA) Entrepreneur Roundtable Accelerator
ERA is a startup accelerator and business incubator that helps entrepreneurs build businesses with social impact. ERA is a non-profit organization that helps entrepreneurs build businesses with social impact. It was founded in 2012 by Zorik Gordon, who co-founded the first accelerator in New York (generation startup).
ERA has three programs: the Accelerate Era, the Incubate Era, and the Invest Era. The Accelerate program lasts nine months and includes both mentorship and funding of up to 0,000 for equity stakes of up to 15%. The incubation program lasts 12 months, but does not include funding or equity stakes – instead, it offers valuable resources like office space at their headquarters in New York’s Financial District as well as access to an extensive network of mentors across all industries. Finally, there are investments that focus on investing in early-stage startups led by women/underrepresented minorities; This also does not have a funding component, but has access to capital from investors belonging to its network (which includes 500 startups).
4. Very good companies
Very Good Ventures is a venture capital fund that invests in early-stage companies that are building the future of work. In addition to being a partner at Stripe, John Collison also co-founded and led @Verygoodvc, an experimental VC fund focused on supporting founders building innovative products in the open source software world. Previous investments include:
- Circleci (Commitment: 0 million at a billion valuation) – built its CI/CD platform from the ground up and scaled globally to become the world’s leading provider of integration services continuous cloud-based software for teams; now used by over 3 million developers in 180 countries
- Docker (Commitment: million at undisclosed valuation) – created standard technology to package applications so they can be easily deployed and run consistently across different environments; Over a billion downloads per month
5. Electric objects
Electric Objectts, Inc. is a New York-based startup that offers an electric art gallery for the home. The company was founded in 2011 by a team from MIT Media Lab and New York University graduates. It has raised 0 million in venture capital funding from investors including Amazon, True Ventures, Lux Capital and GV.
Electric objects allow users to browse high-resolution images of artwork on their televisions while allowing them to purchase prints that are delivered to their homes. The company currently has 11 employees who manage the day-to-day operations of the site around content curation, design and engineering functions, among others.
6. Capital of Avestar
Avestar Capital is a venture capital firm focused on early-stage investments in the United States, Europe and Israel. Avestar Capital has invested in over 65 startups with a focus on SaaS, cloud and artificial intelligence.
Avestar Capital was founded in 2011 by David Rokach, who was previously co-founder of the Israeli office of Sequoia Capital (2006-2011). Avestar Capital focuses on Series A and B rounds for Series A/B investors, as well as Series rounds for existing portfolio companies. The firm currently manages 0 million across three funds: its main fund, Avestar Venture Fund I; A million fund dedicated to Israeli startups launched in 2017; and an Asia-Pacific focus fund launched in late 2018 alongside the launch of its Tel Aviv office.
7.Riverstone Holdings
Riverstone Holdings is a private investment firm focused on the energy and power industries. Riverstone was founded in 2000 by David Leuschen and David Blood. The company has offices in New York, Washington DC, London, Houston and Calgary.
Riverstone’s growth strategy is to acquire companies that have strong management teams but are undervalued by the stock market through leveraged buyouts or other transactions. He then leverages these acquisitions with a view to increasing their value over time to create opportunities for a first offering or public sale of their stake in the business when they are ready to exit their investment.
8. Fintech Connector
Fintech Connector is a New York-based accelerator with a focus on financial technology or fintech. They invest up to ,000 per company and can help startups establish themselves in the industry.
The program lasts 3 months and includes shared office space at WeWork headquarters in New York. FinTech Connector also provides access to mentors and networking opportunities through events with top investors, entrepreneurs and industry executives.
Notable alumni include Blinq (acquired by PayPal) and Venmo (acquired by PayPal).
9. Capital Engine
Capital Engine is a venture capital firm that invests in seed and early-stage technology companies. The company has offices in Boston, MA, New York, NY and San Francisco, CA. Capital Engine has invested in over 200 companies since its founding in 1991.
Capital Engine works with entrepreneurs providing them with the resources to develop their business ideas into profitable and scalable ventures. The company provides access to networks of mentors from various industries including finance, legal and marketing who help guide entrepreneurs through the start-up process from start to finish.
10. Prehyper
Prehype is a startup accelerator in New York that provides funding, mentorship, and accelerated growth for early stage startups to build their product and get to market. Prehype focuses on product development as opposed to fundraising or business development. They help founders build a world-class team through their intensive program, which includes expert coaching from experienced entrepreneurs and executives from companies like Google, Facebook, and Etsy.
Prehype’s goal is to work with startups in the early stages of their business – when they don’t yet have revenue or traction – and help them gain traction by focusing on building products that solve problems for users instead of just raising funds. Their target audience is founders who are looking for an intensive program where they can just focus on building their product without having distractions like fundraising or hiring employees right away.
11. Oxeon Partners
Oxeon Partners is a venture capital firm that invests in early-stage companies around the world. Oxeon Partners is focused on seed and Series A investments in business, consumer and healthcare technology.
Oxeon Partners portfolio includes: ADROLL (CRM), Algolia (Search), Apptio (IT Management Software), BrightFunnel (Marketing Automation), Celltick Technologies Inc., ClearSlide (Sales Engagement Platform) ClearLeap Media Services LLC , Cloud Elements Inc., Datawatch Corporation (Business Intelligence Software), Elementtum Inc. (SaaS) Exabeam Inc., Endor Data Sciences LLC Focal Systems Inc.
(Enterprise Big Data Analytics and Cybersecurity Solutions), InsideSales.com Inc. (Enterprise Sales Acceleration Platform), Livestories GmbH (Enterprise Content Marketing Software) Lipton Interactive Group Ltd.
(affiliate marketing platform for large publishers) Lumiata Inc. (cancer patient analytics platform); Mixpanel LLC Mylio Corp New Relic Inc; Radian6; Theorem solutions; Twilio Inc.; Varo
Conclusion
New York is a hub for startups and entrepreneurs. The city has seen a growing number of accelerators and incubators over the years, which means there are more opportunities than ever! The 11 best accelerators and incubators in New York were identified based on our research into their offerings, as well as their popularity from other sources such as Inc. Magazine or Forbes Magazine. If you want to join one of these programs, contact them directly on their website or by email to get more information about what they offer.