Why consider an accelerator in the first place? What value do/can/should they add to your start-up?
With over 500,000 businesses started each year in the UK, the short answer is differentiation. Various degrees of filtering occur, at selection stage, throughout the programme with the input of mentors and then at the investor event or "demo day". This screening has a real value.
If you are then selected, you have delivered your first huge point of external differentiation. In our Accelerator Academy programme you are one of 30 high growth start-ups we will work with that year (in three semesters each supporting 10 start-ups), selected from say 300 applicants.