Techstars Announces “Certified by Techstars®” Pilot Program with Legacy Partners METRO and Target for 2018 International Retail Accelerator
Techstars, the worldwide network that helps entrepreneurs succeed, today announced the launch of a new pilot program, the METRO Target Retail Accelerator, Certified by Techstars, with long-term partners METRO AG and Target Corporation. METRO AG, a German-based wholesaler and food specialist, and Target Corporation, are both legacy partners of Techstars, each having partnered with Techstars to deliver a series of retail-focused accelerators over the past three years.
The METRO Target Retail Accelerator, Certified by Techstars brings together the respective organizations in a pilot program where METRO and Target will collaborate in running an accelerator across two geographies, customized to each partner’s business needs, while applying the foundations and learnings from their years of partnership with Techstars.
Over the formative years of these strategic partnerships, METRO and Target teams have gained experience and traction in their strategy to include open innovation in partnership with startups. In more recent planning sessions, both partners expressed desires to evolve their participation in the accelerators to focus on partnering with later-stage startups better positioned to pilot and rapidly scale collaborations. Techstars identified this appetite as an opportunity to evolve the partnerships and help them transition to the next phase of their strategy, creating additional opportunities for scaling startups in our network.
This joint effort will extend global reach for each organization, enabling participating startups access to executives and networks from two worldwide leaders in the wholesale and retail space. Techstars is excited to support this collaboration and will be a key stakeholder in the program, with its role altering from a leadership and operational capacity to a supportive advisory position.
As the worldwide network that helps entrepreneurs succeed, Techstars recognizes and embraces its responsibility to facilitate the connection between other networks, empowering others’ success. Techstars is proud to bring together these two partners and support METRO and Target’s desires to grow and expand their own networks.
Alumni from the Techstars Retail Accelerator in Partnership with Target and METRO Retail Accelerator Powered by Techstars will be invited into the METRO Target network, as well as the Techstars network. Startups that participate in the new METRO Target Accelerator, Certified by Techstars will have the opportunity to engage with the Techstars network at key network events such as Techstars FounderCon, BizDev Day, and Investor Day events. Applications are now open and will be accepted through February 24, 2019. Startups interested in applying are encouraged to learn more at https://metro-target-accelerator.com/.
Techstars is excited to announce its Network Engagement Partnership with QBE Insurance Group. As one of the world’s largest international insurance carriers, QBE is uniquely positioned to support entrepreneurs who participate in Techstars global programs.
The Techstars Network Engagement Program creates opportunities for Corporate Partners to gain access to the Techstars worldwide network of entrepreneurs and build strategic relationships with startups, founders, mentors, and investors to advance their business innovation goals. Partners will refine their corporate innovation methodologies through the program’s targeted portfolio reviews and proprietary innovation tool kits. The program is geared toward corporate partners who are interested in startup engagement for proofs of concept, investments, or mergers and acquisitions.
“By partnering with Techstars, we’re able to take advantage of their proven ability to source and support the world’s most promising startup founders and help them achieve lift-off through initial investment, business development, and mentoring. Through local engagement with QBE subject-matter expertise and leaders, we hope to provide a strong network of mentors and supporters to help Techstars entrepreneurs succeed—at every stage of their journey,” says Ted Stuckey, Managing Director of QBE Ventures.
Today at FounderCon, Techstars and WeWork are teaming up to expand options for where Techstars Mentorship-driven Accelerator Programs and Techstars Startup Programs work from. Techstars accelerator programs in Toronto, Kansas City, Boston and New York City are in WeWork locations, and other accelerator programs will have the option to use WeWork facilities for their program space.
Techstars is the worldwide network that helps entrepreneurs succeed. We have more than 30 accelerators and host thousands of Techstars Startup Week and Techstars Startup Weekend events in nearly 170 countries around the world. WeWork’s platform for creators is used by 150,000 members ranging from entrepreneurs, freelancers, and small businesses, to middle-market and Fortune 500 corporations.
In addition to the accelerator space, WeWork is offering Techstars’ accelerator founders and alumni discounted workspace, to empower the global entrepreneurial community to work to make a life, not just a living. Techstars Startup Week and Techstars Startup Weekend organizers will have the opportunity to use WeWork locations at a discount as well. Techstars founders and Techstars Startup Program organizers should reach out to their local WeWork office for more information.
WeWork and Techstars are cut from the same cloth, aligned in our missions to help entrepreneurs make connections and provide access to resources to accelerate their business success.
Techstars’ accelerator companies already benefit from an ecosystem of founders, mentors, investors, and corporate partners around the world, but they’ll now have access to a global community of 150,000 creators via the WeWork digital member network, across 170+ WeWork locations, 56 cities and 17 countries.
WeWork is a community for creators, providing more than 150,000 members around the world with space, community, and services through both physical and virtual offerings. WeWork’s mission is to help create a world where people work to make a life, not just a living. WeWork currently has more than 170 physical locations in over 56 cities and 18 countries around the world. WeWork was founded in New York City in 2010 by Adam Neumann and Miguel McKelvey. Follow us @WeWork on Twitter, Instagram, and Facebook or visit www.wework.com to find out more.
Techstars is the worldwide network that helps entrepreneurs succeed. Techstars founders and their teams connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporate partners who will help their companies grow. Techstars operates four divisions: Techstars Startup Programs, Techstars Mentorship-Driven Accelerator Programs, Techstars Corporate Innovation Partnerships, and the Techstars Venture Capital Fund. Techstars Mentorship-Driven Accelerator Programs help founders do more faster and Techstars Startup Programs inspire, educate and connect entrepreneurs. Techstars Venture Capital Fund invests in the most innovative and disruptive Techstars companies to fuel their success. Techstars Corporate Innovation Partnerships helps brands supercharge growth by accelerating innovation and cultural transformation. Techstars accelerator portfolio includes more than 1,000 companies with a market cap of $10.2 Billion. www.techstars.com
Techstars and XPRIZE are launching a partnership to support the 150 teams in the IBM Watson™ AI XPRIZE competition and connect the XPRIZE and Techstars mentor communities. Techstars mentors, executives, managing directors and others will work with the teams through mentorship, webinars, and in-person workshops with the goal of supporting the commercialization of the ideas.
XPRIZE, a 501(c)(3) nonprofit, is the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges. XPRIZE’s philosophy is that—under the right circumstances— igniting rapid experimentation from a variety of diverse lenses is the most efficient and effective method to driving exponential impact and solutions to grand challenges.
We are excited to build relationships with the XPRIZE teams and see how they are using technology to solve the world’s most pressing problems. The IBM Watson AI teams have an entrepreneurial vision that aligns with the mission of Techstars. We help entrepreneurs succeed and we’re using our worldwide network to support this program.
Techstars welcomes next47 to Techstars Mobility and Techstars IoT as a corporate partner. next47 is Siemen’s new corporate venture unit focused on startups. Techstars partners with corporate leaders from around the world to help startups develop their businesses and deploy solutions as quickly as possible.
next47 joins PWC, SAP, GE and Verizon in Techstars IoT, which is based in New York City. Techstars Mobility is located in Detroit and its roster of partners includes Ford, Verizon, Honda, Dana, Munich RE, Michelin, and DTX. Entrepreneurs looking to work with these global industry leaders should apply today.
next47 will join the other partners in the programs in mentoring the programs’ entrepreneurs and will bring their wealth of experiences to the founders in each program.
next47, launched in October 2016, seeks to partner with innovative minds and turn big ideas into viable businesses. The dynamic next47 team acts as a venture capitalist, advisor and catalyst into Siemens for external start-ups and creative entrepreneurs, including Siemens employees. Its global presence in Silicon Valley, Shanghai and Tel Aviv – positions next47 close to the major innovation ecosystems to identify, shape and grow future businesses for Siemens. For more information see www.next47.com
We are excited to announce a new global partnership between Techstars’ Startup Weekend and appear.in.
appear.in is building a tool for the next generation of global startups to make it easy to collaborate from anywhere. appear.in provides a platform to start a video meeting with a group of people on both mobile and desktop computers. Its long-term vision is to create a global communication service that users love and use often.
The Startup Weekend community is tying together startup communities across the world and appear.in will now be a part of this global movement making it easier for entrepreneurs to collaborate from multiple distributed locations.
Through this new partnership, Startup Weekend participants will have six months free access to the premium version of appear.in, which supports up to 12 people in a conversation. The premium version includes:
- Support for 12 people in video conversation
- Server boost: Improved stability and quality of calls, reduced CPU usage
- Branding of your room with custom logo and background image
- Share your screen while presenting
Users can create their own video room directly in the browser, without having to download or install anything.
Once you have a room, you can just send the link to people you want to invite, and once they click it, they will instantly join the conversation without having to register.
appear.in is a perfect tool to use during Startup Weekend, if you find that you need to interview customers about your product idea – just send them a link to a room on chat, email or SMS and then interview them over video!
appear.in was built to help founders and entrepreneurs collaborate easily through video. We believe founders are going to find great value in this partnership and we look forward to continuing to help entrepreneurs all over the world with appear.in.
As a special offer to the Startup Weekend community, readers of this blog post also get a coupon for one month free trial of appear.in premium! This coupon will be available for the first 1000 people and can be redeemed until Friday November 18th: SW+APPEAR:IN=TRUE
Redeem your coupon, find more information about the partnership and sign up for updates from appear.in at https://appear.in/information/startupweekend/
Techstars connects entrepreneurs to the best global ecosystem of community leaders, founders, mentors, investors and corporate partners who work together to create a worldwide network of entrepreneurial support.
The strength of our network is even stronger thanks to the shared commitment of our partners, which is why I am proud to announce that Google for Entrepreneurs and Techstars are expanding our partnership.
As the global sponsor of Startup Weekend, Google for Entrepreneurs extends its commitment of these inspiring programs — which have grown to provide an immersive experience into entrepreneurship and innovative thinking — to nearly 70K participants in 120 countries around the world each year.
Building on its support of Techstars’ Startup Programs, Google for Entrepreneurs will expand its support of Techstars’ Accelerator Programs around the globe by connecting founders with Google product teams, Google experts for technical mentoring and valuable offers, such as the Google Cloud Platform for Startups program.
Techstars will continue to be part of the Google for Entrepreneurs Partner Network, which connects us to a community of 50+ partners and 6 Campuses around the world. This network exists as both a refuge and a resource for the entrepreneurs working to grow their startups around the world.
Techstars and Google for Entrepreneurs are working together to:
- Make expert content and mentor resources from Google available to founders participating in Techstars programs
- Equip founders with Google technology and applications to speed development
- Connect founders with working spaces in international locations
- Facilitate more introductions for founders to the global network of Google for Entrepreneurs partners
Finally, we are proud to announce that Google for Entrepreneurs is the first corporate partner to contribute to the Techstars Foundation.
The Techstars Foundation is committed to improving diversity in tech entrepreneurship by investing in organizations with grant money and leveraging the Techstars network to empower these organizations to accelerate their mission forward.
Few organizations put diversity and inclusion at the forefront of their work in the way that Google for Entrepreneurs does, and we’re thrilled to be working with them to change the face of our industry.
As the first corporate partner to contribute, they once again demonstrate their leadership and passion to #givefirst and build a stronger ecosystem.
We are excited to announce a new global partnership between Techstars’ Startup Weekend and Vimeo. Vimeo is an ideal partner for Startup Weekend because they have been supporting startups and the entrepreneurial journey for many years. Now with the newly launched product, Vimeo Business, Vimeo provides a platform for startups to be able to showcase and market their business through the use of video. At the same time, Vimeo provides a variety of other video marketing tools that can help businesses as they grow from early-stage startups to high-performing companies.
Through this new partnership, Startup Weekend participants will have access to these professional video hosting and marketing tools at a reduced cost. Both participants and Community Leaders of the program will receive a discounted Vimeo Business account. As a video partner, Vimeo will work alongside Techstars to provide educational support and materials on video marketing best practices to entrepreneurs.
Vimeo Business was built to help founders and entrepreneurs visually share and grow their ideas through video. We believe founders are going to find great value in this partnership and we look forward to continuing to help entrepreneurs all over the world with Vimeo.
Check out this video to learn more about Techstars’ Startup Programs:
At Techstars, we fully believe in the idea that no one is “too far along” for Techstars. Inversely, nothing is too early. Techstars has a program for every step of the entrepreneurial journey – from startup programs like Startup Digest, Startup Week, Startup Weekend and Startup Next to later stage offerings, including the accelerator program and venture capital for add-on funding.