Every startup accelerator guide will have its own set of standards, and some are more stringent than others, with acceptance rates lower than 5%.

The application process typically includes a comprehensive set of questions regarding your startup idea, your market and competition, the work you've done so far, and forecasted challenges. Specific requirements, such as a certain level of development, prior fundraising experience, speed of growth, and intellectual property agreements, vary substantially across every program.

If an accelerator is interested in your startup, you'll be asked to go for an interview, so practice by conducting mock interviews. Before and during the application process, you should ask questions, especially regarding the program mentorship. It is an excellent way to determine if an accelerator is right for your startup.

You should inquire about how much time you will be spending with them, how many others will be in your cohort, and what expertise they have. You want to ensure you get to know them, they'll also have the opportunity to learn about you. They should also be knowledgeable in the field of your startup that you believe requires the greatest attention. You should ensure the program is a good fit for you at your level of scale