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Techstars Boston Accelerator Program

Opportunity for USA, Canada, and International
Startups to Participate in an Accelerator Program

Agency Type:

Foundation / Corporation

Funding Source:

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Techstars

Deadline Date:

07/28/21

Description:

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Opportunity for USA, Canada, and International startups to participate in an accelerator program. The program provides successful applicants with a stipend, fundraising opportunities, curated resources, workshops, and a network of corporate partners, investors, and alumni.

In 2021 this program hopes to provide hybrid virtual/ in-person programming, if possible, dependent on COVID-19 conditions. In-person programming will take place in Boston, Massachusetts. 

GrantWatch ID#:

GrantWatch ID#: 163070

Estimated Size of Grant:

Techstars contributes $20,000, which is commonly used as a stipend to support living expenses during the program, and in return receives 6% equity of the company.

Upon acceptance to a Techstars mentorship-driven accelerator, every company is offered an optional $100,000 convertible note.

Other benefits that businesses receive:
- 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, 1,600 alumni companies, and over 200 staff members;
- Access to over $400k of cash equivalent hosting, accounting, and legal support—plus other credits and perks worth more than $1M;
- Demo Day exposure and other investor connections.

Historically, on average, Techstars companies go on to raise more than $2M of outside capital after the program.

Techstars also provides working and meeting spaces, as well as a nice lounge, all with super fast and reliable wireless Internet access.

Term of Contract:

The accelerator starts on November 8th, 2021 and is a three-month program.

Additional Eligibility Criteria:

Techstars funds all types of startups, working in all verticals, using any type of business models. Do keep in mind, however, that the focus is on startups rather than small businesses.

Techstars is less likely to accept single founder companies.

Pre-Application Information:

Timeline:
- Feb 22nd, 2021: Applications Open
- Jul 28th, 2021: Final Deadline
- Nov 8th, 2021: Accelerator Starts
- Feb 17th, 2022: Demo Day

Inside a Techstars Accelerator: https://www.techstars.com/accelerator-hub
FAQs: https://www.techstars.com/faq#accelerators

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply online: https://www.techstars.com/accelerators

For questions, contact:
help@techstars.com

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

Canada: Alberta;   British Columbia;   Manitoba;   New Brunswick;   Newfoundland and Labrador;   Northwest Territories;   Nova Scotia;   Nunavut;   Ontario;   Prince Edward Island;   Quebec;   Saskatchewan;   Yukon;

Israel

International country outside of the USA, Israel and Canada.

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