TechStars is Constantly Working to be the Best Accelerator

Since starting in Boulder, Colorado in 2007 the TechStars accelerator has grown into a giant entity that serves entrepreneurs and tech ecosystems across the US. David Cohen, the founder of TechStars, joined us at this year’s Tech Cocktail Celebrate Conference to detail the role an accelerator plays in the growth of an entrepreneurial community.

According to Cohen, Boulder desperately needed the help when it came to building out the reach of their entrepreneurs in the community. The only big firm in the area was Mobius VC, but the overall participation from angels was incredibly low.

Along the way the TechStars method of accelerating startup communities has become one of the most potent available. Cohen actually announced during his keynote speech that TechStars will be rolling out two new initiatives to stay on top of the market.

First, they offer an equity-back guarantee that says a funded company who feels their time in TechStars wasn’t worth it can lower or eliminate TechStars’ equity position in their company. Second, the accelerator recently implemented a quiet program aimed at helping underserved and underrepresented entrepreneurs: RisingStars.

All you have to do is reach out to a TechStars mentor or founder, or email Cohen directly about the programs, to learn more. Here’s the video:

 

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Will is a Senior Writer with Tech.Co, based out of America's Finest City: San Diego. He covers all territory West of the Mississippi river, digging deep for awesome local entrepreneurs, companies, and ideas. He's the resident Android junkie and will be happy to tell you why you should switch to the OS. When he's off the clock, Will focuses his literary talent on the art of creative writing...or you might find him surfing in Ocean Beach. Follow Will on Twitter @WJS1988
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