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Accelerator

In the same way that smart young people from all over flock to New England to get smarter, the region is now becoming a destination for first-time founders who come to participate in “accelerator’’ programs. They come from Philadelphia, Paris, and Tel Aviv for three-month stints, soaking up advice from more experienced entrepreneurs, honing their products or services, and eventually presenting in front of an audience of investors.

Incredibly, some accelerators are pickier than Harvard about who gets in. This year, Harvard accepted about 6 percent of applicants. TechStars Boston, an accelerator program in its fourth year, takes fewer than 1 percent of the entrepreneurs vying to get in.

To read the full, original article click on this link: ‘Accelerator’ programs can help start-ups take off faster - Boston.com