Is the accelerator any good? What kind of track record do they have? What kinds of mentors are available to you? How much equity do you give up?
They are very new and I do not see a lot of reviews. The equity ask is on a higher side (5% for 25k-50k EUR). They seem to have made many recent investments(claim is 100) but in Europe(We are in US).
Would you feel comfortable reaching out to some of their portfolio companies to learn more about their experiences? I would be just as (if not more) worried about the quality of the incubator than about the fact that it is owned by a competitor.