Yes, high compared to the industry. However if you have no track record and no domain experience you probably won't get into the bigger accelerators. I'd sugge

Yes, high compared to the industry. However if you have no track record and no domain experience you probably won't get into the bigger accelerators. I'd suggest apply and consider their offer. At worst, going through their accelerator could be great experience for you and give you a better chance to get accepted to the famous accelerators down the road.