“Incubators are to Startups as Steroids are to Baseball. They are not necessary to succeed, but they sure as hell help. In this third installation to Elite Daily’s Incubator Series, we lay out the best startup accelerators for entrepreneurs in the North and Midwest regions of the United States: from Pittsburg to Chicago. ”
Excelerate Labs – ranked 3rd best incubator worldwide – is an intensive summer accelerator for startups driven by proven entrepreneurs and investors. Led by world-class entrepreneurs Sam Yagan (OKCupid, Sparknotes) and Troy Henikoff (SurePayroll), the program is unique in attracting scores of mentors from around the country to work with the teams in direct 1-on-1 meetings. The catch: they only accept ten applicants each session. But if you are accepted, Excelerate Labs may provide the best trade out of any startup: $25,000, resources, connections and press for only a 6% stake in the company.