Techstars, Anheuser-Busch team up on accelerator program
BOULDER — Techstars, a startup accelerator based in Boulder, is partnering with Anheuser-Busch InBev to create Techstars Connection, a program to help entrepreneurs develop and improve social experiences in the marketplace.
The accelerator will be based in New York City and is designed to help entrepreneurs develop products, services and experiences that help connect people to people, people to products and people to place. The program kicks off in October and runs through January 2017.
This is the fourth Techstars program in New York City, building on Techstars NYC, Techstars IoT (Internet of Things) and Barclays NYC. Launched in 2007 with its first Boulder accelerator, Techstars now runs 22 programs around the world.
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Companies going through Techstars Connection will be able to leverage the TechStars’ extensive network of investors and mentors in NYC.
When accepted into a 90-day Techstars program, entrepreneurs agree to give Techstars a 6 percent stake in their company. Entrepreneurs are offered a $100,000 convertible note, 400 perks worth more than $1 million, office space for three months and $20,000 to cover living expenses during the program.
Entrepreneurs can apply here for Techstars Connection.
