Since Tech All Stars launched in Mid-March, we’ve received a lot of questions from startups. The most popular question is, “What is the difference between an accelerator, an incubator, and a web camp?” Well let’s break this one down.
First, let’s talk about web camps. When someone says web camp, some people envision a summer camp where nerdy 11 and 12 year olds hang out and write code. Not quite what Tech All Stars has in mind when we say “web camp.”
The Tech All Starts team defines a web camp is a short event (anywhere from one day to one week) where people pitch their startup, form a team, and work like crazy to make that startup idea a reality. Think Startup Weekend. Its short (2-3 days) where people pitch an idea and work extremely hard for a weekend to make that idea fly.
When we say “Web Camp winners” we mean startups that won the event. Maybe your startup came in first, second, or third place at Startup Weekend. Or maybe your startup won big at another event. Your startup is invited to apply to Tech All Stars!
Now, on to accelerators vs. incubators. The Tech All Stars team could explain the difference between an accelerator and an incubator, but we’ve found an excellent video that really nicely clarifies the difference.
Brad Feld, venture capital Partner at Foundry Group and Co-Founder of the TechStars accelerator, does a fantastic job explaining the difference between accelerators and incubators.
Even if your startup has not participated in a web camp, accelerator, or an incubator, you can still apply for Tech All Stars. We have reserved two of the spots for ‘wild cards’ – outstanding startups that have not participated in a web camp, accelerator, or incubators.