Overwhelmed by the growing number of accelerators in Singapore? Here’s a cheat sheet

The number of accelerators in Singapore is growing and will continue to grow as industries like Fintech and Cybersecurity heat up. Overwhelmed? Not sure which accelerator in Singapore is the most suitable to aid your startup’s journey?

Depending on your objective, here’s a cheat sheet to help you compare the big boys in this jungle:

1. If you like the newest kids on the block – Rockstart and Muru-D

Name of accelerator: Rockstart
Country of origin: The Netherlands
Duration of program: 150 days or roughly five months
Area(s) of focus:  Web and mobile, smart energy, and digital health
Investment/Equity stake: Information not available
X-Factor: The global outreach of the Program (program runs simultaneously in Amsterdam and Singapore), the fact that many of the alumni companies are funded by prominent VCs (Greylock Partner, Balderton Capital, Notion Capital, Shamrock Ventures etc) after the program and that Chi Tran, former CTO for OgilvyOne, heads the Rockstart Southeast Asia program.

Even though Rockstart just launched in Singapore in May 2015, it is no stranger to the startup scene. Dubbed as the largest accelerator in The Netherlands, Rockstart has selected 10 ‘Globally focused’ startups to take part in the first run of its accelerator program, which will last for 150 days. It’s interesting to note that while participants attend the program mainly in Singapore but they also get the opportunity to visit San Francisco (2 weeks) & New York (2 weeks) during the program. Successful companies include 3Dhubs, Wercker, Top-Docs.

Name of accelerator: Muru-D
Country of origin: Australia
Duration of program:  180 days or Six months
Area(s) of focus:  Web and mobile, smart energy, and digital health
Investment/Equity stake: US$30,300/ 6% equity
X-Factor: Muru-D is an accelerator backed by Australia’s largest telecommunications carrier, Telstra.

Muru-D recently graduated 9 startups in their first batch in Singapore in August 2015. In Australia, where the program originates, the nine startups from the first run attracted more than US$2.4 m in follow-on funding. Impressively, all of the startups have paying customers or paid trials at the end of the six-month program.

Participating startups receive US$30,300 in seed funding each, workspace in Muru-D’s Singapore premises, and access to mentors, coaches, and investors.

2.  The most all rounded accelerator