Techstars is excited to announce a new accelerator program with PwC focused on the IoT (Internet of Things) market. PwC is a founding partner in a consortium of companies for the Techstars IoT Accelerator. The program will bring industry leaders in the new IoT market together with the most innovative emerging startups in the industry for our three month, mentorship-driven accelerator program.
The Techstars IoT program will take place in New York in 2016, and applications will open later this year. Application deadlines, program dates and additional information will be released soon.
By 2020, an estimated 50 billion devices around the globe will be connected to the Internet – the majority of which will be sensors, actuators, and newly invented intelligent devices that monitor, control, analyze, and optimize our world. Products ranging from connected consumer devices to industrial solutions will be candidates for this program. Estimates of potential economic impact by 2020 range from $2 trillion to more than $14 trillion.
Whether it’s a BrewBot to make your next batch of craft beer, a motion sensor from Notion, or baby monitoring with Owlet, Techstars has a successful history of nurturing and supporting the fundraising of IoT companies.
Techstars is following the successful model that has been proven with Techstars Mobility, driven by Detroit, to engage multiple partners in the Techstars IoT program. We are excited that PwC has chosen to lead the way as a founding partner.
For partners who would like to participate or founders who would like more information before applications open, contact firstname.lastname@example.org.