What's involved in the selection of entrepreneurs?
Once interested entrepreneurs have applied for your program, your selection process begins. For most accelerators, this involves selecting a cohort of entrepreneurs to take part in their next program. For incubators, depending on the structure of the program, it can also be an ongoing process that happens throughout the year as individual enterprises apply. The selection process tends to involve a series of events including reviewing online or printed applications, conducting interviews and doing a final selection event. Although the team is heavily involved in defining and applying the selection criteria, accelerators and incubators can also involve other stakeholders in the decision-making process (e.g. mentors, funders, partners).