Minimum Viable Accelerator: Planning, Starting and Improving Startup Accelerator Programs under a Lean Approach

This paper introduces the concept of a Minimum Viable Accelerator (MVA) as a lean accelerator program to enhance the performance of accelerator programs. The MVA framework includes six stages: preparation, awareness, application, program, demo day, and post demo day. It emphasizes validated learning, resource efficiency, involving stakeholders, guerrilla marketing, selecting high-potential startup teams, and post demo day activities.

Key Insights

• The Minimum Viable Accelerator (MVA) framework includes six stages for setting up accelerator programs.
• Validated learning and resource efficiency are crucial in the establishment of successful accelerator programs.
• Involving stakeholders, attracting participants through guerrilla marketing, and selecting high-potential startup teams are key components of the MVA framework.
• The demo day serves as a platform for networking and showcasing results.
• Post demo day activities include establishing an alumni network and strengthening relationships with stakeholders.

Download from here: https://doi.org/10.33423/ajm.v19i2.2064