Thinking of applying to one (or all) of the summer accelerator/incubator/angel/mentoring programs like TechStars, Joystick Labs, or any of those found on this comprehensive list?
We collectively get thousands of submissions, but only 1% are selected. If the odds alone aren’t bad enough, consider the imperfect information used to make that selection: A generic online application form, a few emails, and 15-60 minutes of in-person interview.
It should be equally clear that excellent candidates are sometimes not chosen. Part of this is sheer numbers: If only five companies are selected out of thousands, surely “Company #6″ wasn’t a terrible candidate. It mostly has to do with the applications and what happens in those crucial follow-up emails and ephemeral interviews. Since this is the part you have control over, it makes sense to prepare.
To read the full, original article click on this link: 7 Common Mistakes Startups Make on Accelerator Program Applications
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