The Program

TechStars Blog

12th January 2014

Global Accelerator Network Announcement

When Brad Feld and I founded the Global Accelerator Network three years ago alongside the White House’s Startup America, our goal was to connect the best short term mentorship driven accelerators around the world. On day one of the network, Techstars was joined by 15 accelerators to create the network which stood for global quality in startup accelerators. We’re proud to say that we are now one of 55 accelerator members in the GAN.

From its impetus in 2010, the network has surpassed all expectations we had. With members located on six continents and over 70 cities around the world, whose companies have raised over $600M dollars in funding and created over 3,500 jobs, network members have elevated the entire accelerator industry while also making significant impact in their respective communities.

This progress has brought us to today. As a part of our mission of giving first, we are proud to announce that as of January 1st, the Global Accelerator Network is now its own independently operating organization, no longer owned by Techstars. This independence will allow the GAN to best identify, address and support all members equally. With no ownership or control whatsoever, Techstars remains a proud, paying member of the Global Accelerator Network and places full confidence in Patrick Riley, Executive Director, and the rest of the GAN team to continue to nurture and grow what we started.

For more on GAN, please visit www.gan.co.