This program focuses on addressing the challenges of the modern dynamic labor market through innovative technologies.
Techstars is the worldwide network that helps entrepreneurs succeed. As one of the largest pre-seed investors in the world, they’ve funded over 3,200 companies that have gone on to have a market cap of $79B+. Techstars portfolio companies include more than 100 companies with valuations of over $100M, and 19 of them have already reached unicorn status including SendGrid, ClassPass, and Chainalysis.
Techstars accelerators have one goal: to help entrepreneurs succeed. During each three-month program, they surround companies with the best mentors and an unrivaled network of corporate partners, investors, and alumni. They provide funding and fundraising opportunities, workshops and curated resources, not to mention countless moments where you can learn from your peers. It’s a proven model that’s helped build thousands of successful companies, all over the world.
Benefits
- Access to Techstars resources for life;
- Acceleration in a 90-day Techstars mentorship-driven accelerator program with personal mentorship and office space.
- Lifetime access to the Techstars worldwide network of entrepreneurs, including more than 10,000 mentors, 10,000 investors, 4,000 alumni companies, and over 300 staff members.
- Each company receives up to $120,000 in funding, and access to the worldwide network of investors, hands-on mentorship, and over $4M of perks.
- Demo Day exposure and other investor connections.
Eligibility
- Open to startup founders;
- They fund all types of startups, working in most verticals, using any type of business models. Do keep in mind, however, that the focus is on startups rather than small businesses.
At Techstars, they focus on founders. The following are the specific traits they are looking for in sourcing startups for the first year of the Techstars Workforce Development Accelerator.
- Founder conviction and tenacity are critical because it takes years to build a company that solves hard and important problems. These founders wake up energized by their mission. They exhibit a natural responsibility to manage the innumerable details required to achieve success, and they have the tenacity to continue when times get tough. Founder conviction is a more powerful motivator than financial gains.
- Balanced, cohesive, and resilient teams are best suited to persevere and build industry-leading companies on the long road of the entrepreneurial journey.
- Earned wisdom – i.e. skills and perspective earned through successes and failures across a diversity of life experiences. It is important that founders have earned wisdom that acts as a competitive advantage in their target market.
- Human-centric founders. The Techstars Workforce Development Accelerator’s mission is human-centric, supporting and investing in founders to build impact and value at the intersection of education, education funding, labor markets, business productivity, employer-employee success, social capital networks, and the future of work.
- Builder mentality. Founders must love the act of building, rebuilding, creating, and iterating. The best builders want to constantly improve how and what they build, so they look for a dedication to learning and growth in founders.
Deadline: November 20, 2024
Click HERE to Apply
