Techstars is a global ecosystem that empowers entrepreneurs to bring new technologies to market, wherever they choose to build their business. With numerous mentorship-driven accelerator programmes worldwide, Techstars exists to support the most promising entrepreneurs throughout their lifelong journey.
The initiative provides access founders, mentors investors, and corporate partners. Techstars makes entrepreneurship more accessible by providing access to capital, guidance, marketing, business development, customer acquisition, and recruitment.
The funding provider believes that successful founders can come from anywhere and appreciates that relocating to a new city for an accelerator programme can be disruptive, owing to personal or business constraints. Techstars Anywhere is a Virtual accelerator, which means participating businesses are not required to relocate. Founders follow the standard Techstars approach to accelerate their business.
The investment made in each company in terms of capital, time and network will be the same as other Techstars accelerators. Techstars companies will receive a US $100,000 of funding as a convertible note upon acceptance and US $20,000 in exchange for 6% equity stake.
Anyone from anywhere can apply. Techstars funds technology oriented companies, typically web-based or other software companies.
The application deadline for the next round of Techstars Anywhere is 14 October 2018.
The programme will commence on 4 February 2019 and the Demo Day will be 2 May 2019.