TechStars is an entrepreneur boot camp based in Boulder Colorado, founded by David Cohen. TechStars selects 10 startup teams from a pool of about 300 applications. The selected teams get up to $15,000 in funding, community office space, operational support, and mentorship from former entrepreneurs and business leaders.
TechStars takes a 5% equity position in each company. At the end of the 13 week Summer session the startups present to a large group of Venture Capitalists and Angel Investors. Last year I attended and wrote about the Investor Day. Eight of the 10 companies received Series A funding. Some even got acquisition offers.
TechStars is managed by Brad Feld, David Cohen, Jared Polis, and David Brown. They provide the money, offices, and support for the companies. There are also more than 20 mentors and former entrepreneurs who help the companies with advice and introductions.
Get details on how to apply here.
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