Techstars Sustainability Accelerator for Entrepreneurs in USA 2021 (Win a Share in $250,000)

The Techstars Sustainability Accelerator, in partnership with The Nature Conservancy invites applications for its accelerator programme in 2021. This will ensure that we innovate to make the world a better place to live.

The mentorship-driven accelerator program based in Denver, Colorado connects entrepreneurs, conservationists, corporate partners, and investors to deliver products that can put the world on a path to sustainability. In addition, conservationists will learn from entrepreneurs how to quickly innovate and scale commercially viable businesses.

Techstars is a worldwide network that helps entrepreneurs succeed. Their1 13-week mentorship-driven accelerator programs provide in-depth foundational content that prepares you to run your startup, plus strong mentoring relationships with experts in your industry and in all aspects of entrepreneurship.

Worth of Award

  • Techstars provides Accelerator portfolio companies with access to financial, human and intellectual capital to fuel the success of their business.
  • Upon acceptance to a Techstars Accelerator, every company is offered a $100,000 convertible note.
  • 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 (on a fully diluted basis, issued as common stock) until the company raises a priced equity financing of US $250,000 or more (a “Qualified Financing”).
ALSO READ:   Konrad-Adenauer-Stiftung Scholarships for International Students in Germany 2021

Eligibility

  • They fund technology-oriented companies, typically web-based or other software companies, but they’ve funded companies that don’t quite fit that mold as well.
  • They’re also looking for companies that can have national or worldwide reach. Specifically, they don’t fund biotechnology companies, restaurants, consultancies, or other local service-oriented companies.
  • Anyone from anywhere can apply, and they’ve funded many non-US companies in the past.
  • You do have to be legally in the U.S. during the program, of course. Once accepted, they can help with legal/immigration issues by leveraging our contacts and network to help. However, they cannot help with them in advance of acceptance to Techstars.

How to Apply

  • They currently run 47 mentorship-driven accelerators in over 15 countries.
  • If the accelerator of your choice doesn’t have applications open, they encourage you to complete the General Interest form and they will let you know when applications open.
  • This will also give you the opportunity to participate in Office Hours – a one-on-one session with a Techstars team member.
  • Applications typically open four times a year for 12-weeks. Multiple applications do not increase your chances of acceptance, so pick the program that is the best fit for you.
  • During the application period, they may reach out to invite you to office hours or hope to meet you on the road at one of their Meet & Greet events.
  • After applications close, they’ll review applications for about seven weeks, and spend time getting to know even more about your team, market, progress and idea.
  • Their goal is to notify the final group of companies being accepted within eight weeks from the application closing date.
ALSO READ:   Artificial Intelligence for Development (AI4D) Scholarships for Females in Africa 2021

Deadline: applications close May 12, 2021.

Click here for more details and to apply

Advert