Why are accelerators so hot right now here in NYC?
The simple answer is "time compression". Accelerators speed up the entire process of startup incubation by offering "mentors" who can school the young entrepreneurs, based on their own expertise and wisdom.
The best accelerator around, in my opinion, is Entrepreneurs Roundtable Accelerator. Tomorrow, ERA 2, the second class to "graduate" will demo at the ERA Demo Day. BRUNI PR, a mentor for last year's ERA 1 class, will be on hand.
I'll be keeping on eye on STYLYT, which has already received some nice coverage in AdAge. Basically, it's way for young female shoppers to create their own "collections" in collaboration with designers/brands.
LocalBonus and Dibsie are also interesting and could disrupt shopping. And, Appy Couple is founded by a couple vets of Web development and offers a do-it-yourself app kit.
Here's an overview of the ERA 2 class (from TNW News):
ERA’s new class includes startups from a diverse cross-section of industries, ranging from mobile and payments to fashion tech and e-commerce. But regardless of genre, all of these startups are looking to create disruptive companies in New York. Here’s the full 2012 winter class that will greatly benefit from the accelerator’s mentorship, $25,000 investment, free co-working space and more: