Where are all of the successful accelerator participants?

Accelerators are practically everywhere in the U.S., and a look at Pitchbook data on May 13, 2024, seems to confirm that. For the five years of 2019-2023, Pitchbook tagged 18,808 different companies as having received “accelerator/incubator funding.” Conceptually, they were all startups when they received that funding and will be at widely varying degrees of evolution today (the status for 1,730 of them, for instance, was listed as “out of business”). Only 765 were classified as being one of four statuses that might be most easily considered as positive exits:  1. publicly held; 2. in IPO registration; 3. an operating subsidiary of another firm through a merger or acquisition; or 4.  integrated into another firm through a merger or acquisition and no longer tracked separately. 

SSTI among 40 SBA Growth Accelerator awardees

This week, the U.S. Small Business Administration (SBA) announced 40 new Growth Accelerator Fund Competition awardees. SSTI’s proposal to identify programs and partners that have expanded the participation of minority business owners and researchers in the Small Business Innovation Research (SBIR) program is among the winners.

Recent Research: Impacts of accelerators and incubators on economic development

A study titled Incubators, accelerators and urban economic development,[1] published in the Urban Studies Journal last year, found positive impacts on employment and access to capital for participants. The study examines the impacts of accelerators and incubators on urban economic development through a systematic review of Organization for Economic Co-operation and Development (OECD)-wide evaluations, making use of policymaker and academic consultations, finding that both accelerators and incubators raise participant employment while accelerators have the additional benefit of aiding access to finance.

Two webinars offer help to compete for NIH’s Research Evaluation and Commercialization Hubs (REACH)

NIH just launched the funding opportunity announcement for the third cohort of its regional biomedical proof-of-concept and accelerator program, the Research Evaluation and Commercialization Hubs. On Dec. 12, NIH will be hosting a funding opportunity announcement pre-application webinar which will provide a question and answer opportunity with NIH SEED and NIGMS.

New NSF funding opportunity addresses opportunities for persons with disabilities, sustainable materials, and food security

The National Science Foundation (NSF) Convergence Accelerator intends to provide solutions with nationwide social impact at an accelerated pace. Recently, NSF announced the addition of three new research tracks for the 2022 cohort: Track H, Track I, and Track J. The latest research track topics for the NSF Convergence Accelerator include:

NSF requests community input on research topics to address societal needs

The Convergence Accelerator, a program developed by the National Science Foundation (NSF) to invest in research towards developing high-impact solutions for societal issues, requests topic ideas for the 2023 cohort in a Dear Colleague Letter Request for Information (DCL/RFI). This program follows a three-tiered process, including topic ideation and convergence research phases one and two. This RFI seeks input from industry, institutions of higher education, non-profits, state and local governments, and other interested parties and represents the beginning stages of topic ideation and precedes community workshops to develop the final convergence research tracks, anticipated in FY 2023.  Of particular interest to NSF are approaches to advance Critical and Emerging Technologies as described in the Multi-Agency Research and Development Priorities for FY 2023.

$5.4M in prizes to support inclusive entrepreneurship announced by SBA

The Small Business Administration (SBA) has announced a combined total of $5.4 million in awards to innovation-focused entrepreneur support organizations with programs to support entrepreneurs researching and developing STEM-related innovations. The 2021 competition included two prize tracks with 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the new SBIR Catalyst competition, which aims to spur investment in underrepresented communities within the innovation economy.  

Vermont launches business accelerator focused on energy

While states across the country are focusing more on clean energy and climate change, SSTI is happy to share an opportunity from one of our members. The Vermont Sustainable Jobs Fund, a Vermont based entrepreneurial support organization, announced the launch of the Delta Clime VT Energy 2020 business accelerator. This business accelerator is focused specifically on startup and/or seed stage technology ventures who offer products or services, including smart home and building technologies, aimed at reducing fossil fuel use and greenhouse gas emissions in buildings; enable better integration of distributed resources and smart building technologies; increase resiliency and/or support demand management strategies that avoid peak time energy usage. This program will assist up to 10 innovative energy startups to grow their businesses, connect with mentors and advisors, and gain exposure to customers and investors. Applications are due by Feb. 16. Learn more at

Universities launch incubators, accelerators and funds in 2019

Universities frequently play an integral role in providing activities, research, and products that positively affect or support local, regional, state and national economic development or strategic goals.  In higher-education’s efforts to align its participation in innovation and entrepreneurship systems, universities’ incubators, accelerators and fund programs are essential in assisting their faculty, staff, or students in the services and support needed to create startups, bring products to market, or provide critically needed funding. Following on our recent review of research universities and their partnerships with industry, as well as our ongoing review of state activities in 2019 (see our stories on higher education and commercialization programs, free tuition offerings, climate change, clean energy, and broadband), this week we report on new university incubators, accelerators and funds launched in 2019.

SBA announces 60 accelerators competition winners

SBA’s 2019 Growth Accelerators Fund Competition winners were announced yesterday, awarding $50,000 to each of 60 organizations across the country. Special congratulations to the SSTI members, including BioSTL (BioGenerator), TechTown Detroit, Startup Junkie Foundation (Fuel), Invest Nebraska, Launch Tennessee, Innovation Works, Arrowhead Center (Sprints), and University of Illinois (EnterpriseWorks). The competition is for programs with 60 percent of funded work dedicated to supporting women, socially and economically disadvantaged individuals, and entrepreneurs in states with relatively few SBIR/STTR awards or in Opportunity Zones. SSTI held a webinar when the 2019 competition launched and will announce the 2020 round, when available, through the member-exclusive Funding Supplement.


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