Accelerators are red hot right now in Silicon Alley.
I'm a mentor at ER Accelerator, which is accepting applicants for its next "class" and participated in their DEMO Day recently. It was jammed and even got pickup in the New York Times.
But, I have to admit TechStars is the most famous accelerator around, thanks to the popularity of its Bloomberg TV reality TV show. Hat's off to David Tisch. We're all looking forward to watching this group. The last one raised $24 million.