We’re psyched to announce that TechStars is expanding to Seattle. We’ll run our first program there in the fall of 2010.
We’ve found the perfect person to run the program in Seattle. Andy Sack will be the Executive Director there. Andy is already well-known on the local startup scene as co-founder and Managing Partner of Seattle-based seed fund Founders’ Co-op, guest lecturer in entrepreneurship at the University of Washington’s Foster School of Business, and host of the weekly tech meetup Seattle Open Coffee. Andy has served as a TechStars mentor in both Boulder and Boston in the past, so he’s already intimately familiar with the program and how it works.
To me, the real story here is the way that the Seattle community has galvanized around TechStars. It’s really quite amazing and humbling. Just take a look at the Seattle mentor list for the evidence. Also, the way that the VCs and angels in Seattle have come together is simply awesome. The funding group includes Bezos Expeditions, Buerk Dale Victor, DFJ, Founder’s Co-op, Ignition Partners, Madrona Venture Group, Maveron, OVP, Second Avenue Partners, Trilogy Partners, WRF Capital, Voyager Capital, Vulcan Capital and many prominent angel investors. Wow.
“It’s incredible to see the support TechStars has engendered from the venture and angel community in Seattle. So many key investors and entrepreneurs have raised their hands and said we want to make this effort successful, and we’re willing to put our time and resources behind it. If community support is an indicator of where this program is headed, we literally could not have had a better start.” – Greg Gottesman, Madrona Venture Group
We were also thrilled to see the media and community reaction yesterday when the news broke. We’ve seen more than 500 tweets in the last 24 hours and read stories from great blogs such as Seattle’s TechFlash, TechCrunch, ReadWriteWeb, PEHub, Xconomy, and many more. Thanks to everyone for getting us off to such a great start in Seattle. It appears that the community there is as excited as we are!
Applications for the Seattle program will open in May, but we’re already accepting applications for our Boston program. Applications for Boulder will open in January as well. Please see the schedule for the latest information.