Join Now! /

Techstars comes to the UK

Startacus RSS

by Startacus Admin

Considered by many to be the best accelerator program in the world Techstars recently made the headlines by announcing its first ever program outside the US. Its choice of location? None other than London. There’s techstarsalready a very vibrant startup and tech scene in London so it’s a pretty natural choice although the UK government and initiatives like Tech City have also apparently played a critical role in helping Techstars decide on its first overseas venture.

Techstars is already such an acclaimed program but they have added another string to their bow here in the UK by merging with the UK accelerator Springboard to operate Techstars London.
The London program aims to support up to 20 startups annually. The good news is that startups who apply for the program can come from anywhere, not just the UK or even Europe. It’s mandatory however that they do relocate to London for the duration of the three month program.

Chosen startups will receive investment in the region of €85,000 which will comprise of an initial €15,000 in see funding and then an optional €70,000 convertible debt note that all Techstars companies receive. As well as that of course there are the invaluable benefits - the top quality mentorship, the opportunity to pitch to some of the world’s leading angel investors and venture capitalists and a ‘perks’ package estimated to be worth in the region of $278000. Impressive!

It’s expected that the London program will start in July of this year and there will be an intake of 10 companies for the program. Interested in entering? You’ll be able to do so pretty soon - from 15th March in fact. The key thing to remember though is that with a program as prestigious as this, it’s going to be a pretty competitive affair. The best of the best are selected.
Think you’ve got what it takes to be one of the ‘chosen few’? Simply check out the Techstars website for more details. One more thing - the best of luck!

If you are interested in Accelerator programmes you might want to read our article: Accelerator Programmes - the basics you ought to know

If you like what you see here on Startacus and want to get involved yourself, why not become a member of our growing community by joining for free here!  

Subscribe to our newsletter

If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Startacus RSS
Business DealsSubmit Your Startup
Win TicketsNetwork and Collaborate
Our Latest Features

Published on: 7th March 2013

If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.

Create an Idea!View Other Ideas, Projects or Startups
Why not Sign Up?
Create Projects
Edit Projects
Self Interviews
Self Starter of the Year
Product Giveaways
Subscribe to our Newsletter
Check us out at our Google+ page!