Grants for Entrepreneurs and Startups from Techstars

Techstars invites entrepreneurs and startup owners for the opportunity to receive a grant and attend workshops by participating in the Techstars Physical Health Fort Worth Accelerator, which this year focuses on addressing challenges and opportunities in the world of physical health. It is an accelerator program with mentorship and mentoring opportunities, and also offers the opportunity to participate in office hours - a one-on-one session with a member of the Techstars team. Do not miss the opportunity to obtain a grant for the financing needed to build your company to become one of the thousands of successful companies, all over the world.

If your company is among the selected startups, you will have:

• Access to Techstars resources for life.
• Acceleration in a 90-day Techstars mentorship-driven accelerator program with personal mentorship and office space.
• Lifetime access to the Techstars worldwide network of entrepreneurs.
• upon acceptance to a Techstars mentorship-driven accelerator, every company is offered an optional $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.
• Demo Day exposure and other investor connections.

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You must follow the following terms:

• Participation is open to great founders who are proposing products that solve real problems or create meaningful innovations.
• It doesn’t matter what kind of stage you’re at — as long as you’re ready to accelerate your company.
• Techstars expects companies to be primarily present and involved in the majority of the program.
• Funding for all types of startups, working in all verticals, using any type of business model.
• Multiple applications do not increase your chances of acceptance, so pick the program that is the best fit for you and only submit one company representing your idea.
• You should:
• Round out your team with business, technical, and other necessary skills.
• Make progress on your prototype or product and reference it in the application.
• Show how you’ve really thought about your business and have gotten out there to do something about it.
• Show how your product or prototype works in a video of one minute or less.

Note: The final group of companies will be notified of their acceptance within eight weeks of the application closing date.

Timeline:

• Applications Open: Feb 22nd, 2022.
• Final Deadline: May 11th, 2022.
• Accelerator Starts: Sep 12th, 2022.
• Demo Day: Dec 8th, 2022.

Evaluation Process:

Your startup will be selected based on a number of criteria, mainly:

• Team.
• Market and the right time to enter it.
• Traction.
• Idea.

About Techstars:

Techstars is an investment and innovation group that connects entrepreneurs, investors, corporations, and city governments to solve challenges across industries and geographies. It pioneered the accelerator program model in 2006 working toward the vision of a connected global economy of innovation. Since 2015, Techstars Foundation has worked to make innovation and entrepreneurship more accessible and inclusive by investing in and accelerating nonprofits that deliver scalable impact for underestimated entrepreneurs.

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