Template / Fundraising

The Accelerator Evaluation Scorecard: Compare Fit Before Reputation

An accelerator comparison should make the tradeoffs visible. Build a scorecard around your company’s next milestone, then record the evidence behind each assessment.

I mentor across several accelerator communities, including Alchemist, StartX, Berkeley SkyDeck, Techstars, Plug and Play, and Entrepreneurs Roundtable Accelerator. Use this template to investigate fit independently, including when a program is connected to me.

Write the decision statement

“We are considering a program to help us achieve [milestone] by [period]. The main obstacle is [constraint]. Without a program, our plan would be [alternative].”

The alternative matters. It could be working directly with customers, hiring a specialist, or joining a narrower founder community. An accelerator should be compared with a credible use of the same time and resources.

Fill in the comparison

DimensionProgram A evidenceProgram B evidence
Eligibility and stage fitCurrent program requirementsCurrent program requirements
Relevant expertiseNamed people and realistic accessNamed people and realistic access
Customer accessSpecific route to relevant buyersSpecific route to relevant buyers
Working formatCalendar, attendance, and founder workloadCalendar, attendance, and founder workload
Economic commitmentCurrent documents and open questionsCurrent documents and open questions
Alumni evidenceComparable founder’s actual experienceComparable founder’s actual experience
Milestone contributionWhy the program changes the planWhy the program changes the plan

Mark missing information as unknown. Do not give a program a low score merely because you have not yet asked the question.

Weight the dimensions deliberately

Choose the few dimensions that matter most for the current stage. An enterprise founder may give substantial weight to buyer access and commercial expertise. A company-formation team may care more about collaborators and a process for testing the idea.

If you use numerical scores, keep the supporting notes beside them. A decimal-point difference is rarely meaningful when the inputs are subjective and incomplete.

Ask the same core questions

Use a consistent set of questions with program staff and relevant alumni. Where the answers differ, investigate the context: cohort, stage, individual initiative, or a change in program design.

Avoid treating the best alumni outcome as the expected outcome. You are evaluating a support mechanism, not buying a promised result.

Make the decision in writing

Record the preferred option, the unresolved conditions, and the reason it beats the alternative. If none clearly helps, continue building and revisit later.

The accelerator guide explains the broader questions behind the template. This scorecard turns those questions into a comparison your co-founder or advisor can challenge before you commit.

Co-founder and CEO of Stackmatix, startup advisor, and former Head of Sales at MightyHive. · More about Matt →