$120K Techstars Sustainability Accelerator Programme for Entreprenuers in USA

The Techstars Sustainability Accelerator, in partnership with The Nature Conservancy invites applications for its accelerator programme in 2019. 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. Their 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”).

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.

Deadline: apllications close April 7, 2019.

Click here for more details and to apply