How long does it take to hear back from Techstars?

You may receive an invitation to interview anytime between one and 30 days after the application deadline. We do our best to review all applications within four weeks of applications closing and we will notify all applicants about the state of their application.

How much equity does 500 startups take?

Being a 500 Startups company will validate your business, and our network will help you connect with investors when the time is right. 500 Startup’s standard accelerator deal is a $150,000 investment in return for a 6\% stake.

What percent does Techstars take?

Techstars takes 7-10\% of your company and only provides $18,000 in seed funding. This gives your startup a pre-money valuation between $180,000 and $250,000. If you are an early stage or established business, this is terrible. The other $100,000 is a convertible note that you may take advantage of at your discretion.

How much does Techstars accelerator cost?

However, this is not the case. Techstars takes 7-10\% of your company and only provides $18,000 in seed funding. This gives your startup a pre-money valuation between $180,000 and $250,000. If you are an early stage or established business, this is terrible.

What is Techstars’ pledge 1\% program?

Techstars is a proud partner of Pledge 1\%, an organization encouraging and enabling companies of all sizes to integrate social impact into their DNA. Join over 8,500 companies in 100 countries who have pledged 1\% of either time, product, equity, and/or profit to a cause of their choice.

How does the Techstars mentorship-drive accelerator application work?

The Techstars mentorship-drive accelerator application consists of four main parts: Each of our accelerator programs has its own unique application so you can choose which program is best, plus one additional 2nd choice program.

Why Techstars for startups?

Techstars helps accelerate startups’ business success by helping them #domorefaster. Startups learn faster – they iterate and they pivot. They can immediately throw things away that don’t work. No one is trying to protect a brand that may not exist yet, and nobody has reason to be afraid of small failures.

Can I apply to more than one accelerator program?

Each of our accelerator programs has its own unique application so you can choose which program is best, plus one additional 2nd choice program. Submitting multiple applications does not increase your chances of acceptance, so take the time upfront to consider which of our accelerators is the best fit for you and your company.