Local incubators and accelerators

Incubators and Accelerators

Incubators and accelerators help the growth of a startup. Incubators offer physical office space and legal counsel to help your startup in its infancy. Because incubators host multiple startups at once, there is also the added benefit of being in an environment where you can work together with and learn from other startups. Membership in an incubator can last anywhere from a few months to a couple of years, depending on the incubator, and they often prepare your startup for an accelerator.

Accelerators meanwhile are more advanced business and legal counsel that tends to help in the later stages of a startup, after the creation of a minimum viable product. They can also help connect your startup to market strategists and new sources of funding. They typically offer their services in return for a small percentage of equity, are more structured than incubators, and usually much shorter-term.

Some Richmond Incubators

1717 Innovation Place

RVA Build

BizWorks

 

The Primary Accelerators in the Region

Lighthouse Labs

AccelRVA


Note: Nothing on this page should be taken as a recommendation or endorsement from the City of Richmond.

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City of Richmond
Economic & Community Development

Main Street Station
1500 East Main Street, Suite 400

Richmond, VA 23219
804.646.5633