If you are a video game startup, or you are thinking of starting one, you may be wondering if a video game startup accelerator is the right choice for you. In this blog post, we will discuss what video game startup accelerators are and how to apply to them. We will also talk about the benefits of joining a video game startup accelerator.
What Is a Video Game Accelerator?
A video game accelerator is a program that helps video game startups grow and scale their businesses. These programs typically last for a few months, and they provide resources such as mentorship, funding, and access to a network of investors and entrepreneurs.
There are many different types of accelerators, but they all have one goal: to help startups succeed.
Video game accelerators are a relatively new phenomenon. The first one was launched in 2011. Since then, many more have popped up all over the world, including in the United States, Canada, Europe, Asia, and Australia. There are many benefits to joining a video game accelerator. These programs can help you:
- Grow your business: You will have access to resources that will help you grow your business. This is especially valuable if you do not have the funds, resources, or industry network to take your startup to the next level.
- Connect with mentors and investors: You will be connected with mentors and investors who can help you take your business to the next level.
- Build your network: You will have the opportunity to meet other entrepreneurs and build your professional network.
- Develop your product: You will have access to resources that will help you develop your product and bring it to market.
How to Apply to a Video Game Accelerator
Now that you know what video game accelerators are and what they can do for you, you may be wondering how to apply to one. The application process varies from accelerator to accelerator, but there are a few things that are typically required:
A Business Plan
You will need to submit a business plan that outlines your business idea and how you plan on growing your company. Your business plan should consist of the following:
- Your business idea
- The problem you are solving
- Your target market
- Your competitive landscape
- How you plan on making money
A Pitch Deck
You will also need to submit a pitch deck. The first thing that should be included in your pitch deck is your elevator pitch. This is a brief summary of your business that you can give in 30 seconds or less.
Your elevator pitch is your opportunity to show investors and mentors that you have a solid business idea and are passionate about it.
The next thing your pitch deck should include is an overview of your company. In this, be sure to include your company overview, team bios, and product overview. Your pitch deck should also include financial information, such as your current traction, budget, and forecasted growth.
Finally, you should include a call to action (CTA) in your pitch deck. This is your opportunity to ask the reader to invest in your company or become a mentor.
You will need to include your resume so the accelerator can learn more about you and your business. One key thing that your resume should include is your experience in the video game industry.
You should also aim to tie in your past experiences and skills with your business idea. For example, if you have experience in marketing, you could discuss how you plan on using your skills to market your game.
Joining a video game startup accelerator can be a great way to take your business to new heights. These programs provide resources, mentorship, funding, and access to a network of investors and entrepreneurs. If you are thinking of starting a video game startup, we encourage you to apply to an accelerator today.