North Carolina's startup scene is supported by a diverse group of accelerators and incubators. These programs cover many fields, from financial technology to energy and biotechnology.

For example, Queen City Fintech has made over 50 investments in financial and insurance technology startups. Similarly, the Truist Foundation has backed more than 50 companies to help build better communities.

Below is our list of the best 18 accelerators and incubators in North Carolina.

Failory's Top 10 Picks

Focusing exclusively on fintech and insurtech, Queen City Fintech runs an accelerator program for early-stage startups. The program provides founders with deep access to a network of mentors and partners within the financial services industry.

Year Founded2011
FoundersDaniel Roselli
Nº of Investments55
Nº of Exits5
Program TypeOn-Site
Duration (Weeks)12

Operating as a seed-stage investment fund, The Startup Factory provided crucial mentorship and capital to B2B and enterprise software startups. During its run, the accelerator helped its portfolio of 35 companies secure over $30 million in follow-on funding.

Year Founded
FoundersDave Neal
Nº of Investments34
Nº of Exits5

Joules Accelerator forges connections between promising energy startups and major US energy corporations to accelerate business development. This model provides entrepreneurs with direct access to industry leaders, helping them scale their innovations within the complex energy sector.

Year Founded2012
FoundersCurtis Watkins
Nº of Investments28
Nº of Exits4

Collaborative Ventures champions business diversity by providing entrepreneurs with crucial education, technical assistance, and networking support. They foster a more inclusive business ecosystem, with a focus on supporting companies in fields like EdTech and medical devices.

Year Founded1997
FoundersJeffrey L. Green, Mark Williams, Luther Carter
Nº of Investments7
Nº of Exits2

With a specialized focus on FinTech and InsurTech, RevTech Labs helps early-stage startups launch through its 12-week accelerator program. Founders gain access to critical resources and a community of mentors to build and grow their technology businesses.

Year Founded2012
FoundersAdam Hill, Daniel Roselli
Nº of Investments10
Nº of Exits1
Duration (Weeks)12

The Association and CPA.com Startup Accelerator champions innovation in the accounting industry by providing $25,000 in funding to promising early-stage startups. Backed by the global expertise of AICPA & CIMA, they offer founders the resources and connections needed to modernize the profession.

Year Founded2017
Founders
Nº of Investments4
Nº of Exits1
Program TypeOnline
Duration (Weeks)24

First Flight Venture Center propels high-science, high-impact startups by helping them move discoveries from the lab to the marketplace. They provide early-stage technology and biotech companies with tailored resources, mentorship, and critical connections to commercialize their innovations.

Year Founded1991
FoundersJulie Cai
Nº of Investments9
Nº of Exits

Truist Foundation partners with nonprofit organizations to strengthen small businesses and create pathways to economic mobility. Through grants and national pitch competitions, it provides critical funding and support with a strong focus on Black, Latine, and women-owned businesses.

Year Founded2020
Founders
Nº of Investments52
Nº of Exits

Telford Ventures invests in exceptional founders building the future of B2B software. Comprised of former operators, the firm provides hands-on expertise and a valuable network to help early-stage companies scale.

Year Founded
Founders
Nº of Investments
Nº of Exits

City Startup Labs provides intensive training and coaching to prepare African American millennials for entrepreneurship and technology-focused careers. The accelerator aims to build a more inclusive entrepreneurial ecosystem by equipping its participants with critical business skills and connections.

Year Founded2012
FoundersHenry Rock
Nº of Investments
Nº of Exits

8 Additional North Carolina Accelerators and Incubators Worth Applying To

Our top picks are just a starting point for founders in the Tar Heel State. The additional programs here have collectively backed over 65 companies, adding to the state's growing startup community.

The right fit often comes down to your specific industry and stage. Here’s a look at the other accelerators and incubators helping founders across North Carolina.

Accelerator/IncubatorYear FoundedNº InvestmentsNº Exits
Southeast TechInventures logo Southeast TechInventures2003
The Pink Ceiling logo The Pink Ceiling20162
101 Weston Labs logo 101 Weston Labs3
Clarkston Consulting logo Clarkston Consulting19912
Ferment.Co logo Ferment.Co20212
Winston Starts logo Winston Starts20171
Bank of America Breakthrough Lab logo Bank of America Breakthrough Lab198618
GRO Incubator logo GRO Incubator202039