An Accelerator is 1) the specialised business person or organisation who helps the new companies or organisations to grow quickly and become successful. The business Accelerators play a vital role in fostering innovation and entrepreneurship by providing startups with the support and resources they need to grow rapidly and succeed in competitive markets. (Refer to the Financial Accelerator); 2) an additive to increase the rate at which a chemical reaction such as curing agent or additive, etc.; 3) the pedal in a vehicle that makes it go faster.

Related Definitions in the Project: The Business Organisation