What is the difference in an incubator and an accelerator?

The differences between incubators and accelerators have blurred in recent years as both provide mentoring and support services.  However, in general, incubators provide reduced cost or free office space to startups and provide focused training and connections to mentoring.  Accelerators, on the other hand, provide comprehensive programs to support the entire team in their journey to develop a prototype, validate the market, grow the team and establish the infrastructure upon which the startup will grow.  These programs typically take an intensive effort from the founders and mentors from the accelerator over a 12-16 week period.

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