TechStars hosts tourney for startups

BOULDER – TechStars announced Monday it is going to put its own twist on March Madness.

The startup accelerator will sponsor a 64 startup “‘bracket style’ tournament to find the next big thing,” founder and chief executive David Cohen wrote on the company’s webpage.

The tournament will be conducted on Twitter. Information about joining the tournament and participating can be found online at www.techstars.org/blog and thisorthat.com/tournament/techstars.

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The winner will receive $25,000 in services including server hosting credits. Semi-finalists will win an invitation to TechStars for a Day and be reimbursed for travel costs to the event. The final four also will receive automatic consideration for the full TechStars program.

The event is open to Internet, software and high-tech companies that are not TechStars graduates and have not received funding greater than $250,000.

Nominations must be received by March 9. The event will start March 14 and conclude April 4.