Global Applications for the Techstars Worldwide Network are Now Open!

There’s an often-repeated stat that 90 percent of startups fail. Not sure the source is, but no doubt that it scares entrepreneurs. At Techstars, we see the reverse in our accelerator portfolio – 90 percent of our startups are active or have successfully exited. Which statistic reflects your business? If you’re ready to succeed, take the next step and apply now to the Techstars worldwide network with more than 10,000 mentors, partners, investors and founders.

At Techstars, we are on a mission to help entrepreneurs succeed. Our mentorship-driven accelerator programs invest in founders to help them do more faster. Over the past 10 years we have helped over 1,274 companies grow and raise over $4.4 billion in funding, with a market cap of $11.4 billion. Now, we are excited to start the search for the next wave of companies to join our worldwide network!

We are reaching new regions and verticals around the world with our newest mentorship-driven accelerator programs. Applications are opening for five new programs:

Take the next step in your journey and apply to join the Techstars worldwide network with more than 10,000 mentors, partners, investors and founders.

This is more than a three month program, the Techstars worldwide network is for life. Listen to stories about our founders from Techstars alumni companies like SendGrid, ClassPass, and DigitalOcean.

Application deadline is April 8, 2018 for most programs. We will be announcing details for information sessions and online events where you can connect with Techstars founders and team, as well as mentors who have the experience and proven track record to help you succeed. Be on the lookout for more details soon!

When you apply, you can choose from any of the following locations and verticals:

For tips and resources on the application process, check out our Application Toolkit.








Future of Food Panel Series Part 1: Future of Agriculture

Date: February 22, 2018
Time: 6-8:30PM
Location: CIC Boston – Lighthouse 20th floor, 50 Milk Street, Boston, MA 02110
 

Local Boston startups have been developing new tools to advance current agriculture practices including seed innovation, hydroponics, satellite imagery and robotics. Join Branchfood and members of Boston’s agriculture technology sector to discuss the latest products on the market, how to launch and grow a successful business and how technology innovation is driving change in agriculture. At this event you’ll get to connect with commercial agriculture technology leaders, advisors, entrepreneurs, and get to check out the latest products and technologies at our showcase. 

Schedule:

Event Networking & Demos begins at 6:00 pm
Panel Discussion starts at 6:45 pm
Event ends at 8:30 pm

2. Registration link

http://bit.ly/FoF2018

Interested in Office Hours? Register here: https://f2fboston1.youcanbook.me

 








Planting the Seed for Techstars Farm to Fork

‘Farm to Fork’ – almost everyone has an immediate reaction or assumption when they hear this phrase. We are excited to partner with Cargill and Ecolab and I wanted to take this opportunity to let you know what we are thinking about for the first Techstars Farm to Fork Accelerator.

Broadly speaking, the digital side of the food value chain is of most interest to us. This could be companies building smart devices, working with big data, artificial intelligence or creating a new software solution. Challenges to food are not limited by geography nor rural or urban settings.

The space is incredibly broad and there is no way we could put together an exhaustive list of opportunities that may catch our eye, but here are a few specific areas of interest to get us started:

Farm Productivity

Two easy questions to ask when defining this bucket: Does it make a farmer’s life better, more sustainable or more productive? How can we help farmers do more with less? From weather and climate to animal health and productivity to computer vision, this bucket alone is big. Here are a few more areas of interest:

  • Automation
  • Smart Water Usage
  • Ag Finance
  • Payment Systems
  • VR/AR
  • Yield Management/Prediction
  • Risk Management
  • Animal Health / Animal Productivity
  • Weather/Climate Systems
  • Drones
  • Storage
  • Robotics
  • Credit
  • Computer Vision

Food & Safety

A very popular topic in 2017, food & safety will continue to be a hot topic into the foreseeable future. When we think about food safety, we think about it across the entire value chain. This includes the safety of employees working in the space, the safety of the end consumer – anyone that eats, pest control and animal health and safety. Big data, machine vision, blockchain, and new software systems are all tools entrepreneurs are using to tackle these problems and we are excited to see what’s out there. For us food safety goes beyond just “safe food.”

Food Retail & Restaurants

How and where consumers find and eat their food is changing. Is technology going to have the same effect on brick and mortar grocers or restaurants that it has had on traditional retailers? We have already seen several trends begin to take off that are driven by technology including food with a story, farm to consumer, food ecommerce, and food delivery all of which are interesting. Beyond these how entrepreneurs tackle prepackaged foods, restaurant management and health and nutrition could all be interesting. I am excited to see how entrepreneurs are innovating in this space.

Food Manufacturing & Supply Chain

Another really large bucket, it’s everything between the farm and the fork! I have always loved companies tackling real problems in areas that may be a bit less “sexy.” From machinery to the financial tools that make the supply chain run, there is a ton of potential here. Here are a few themes in this space that are interesting:

  • Traceability
  • Sustainable Supply Chain
  • Transparency
  • Blockchain
  • Cold Chain
  • Last Mile
  • AI/Robotics
  • Quality Contro
  • Energy Consumption
  • Computer Vision
  • Predictive Modeling
  • Futures and Automated Trading
  • Fraud Prevention
  • Smart Devices/IoT

Waste Management

Roughly one-third of all food produced for human consumption is lost or wasted. This is almost one trillion dollars worth of food each year which equates to about one billion tonnes of food. One Billion! About 2/3rd of this waste comes from industrialized countries and the other 1/3rd occurs in developing countries. The problem doesn’t stop with food; water waste is also a major issue. Tackling these problems will be a major path to feeding and providing sustainable, safe water for the world’s growing population.

 

Are you working on a solution for the areas mentioned above? Applications are open, apply today!

Feel free to send me an email to connect – brett.brohl@techstars.com. We will also be on the road over the next few months. Look out for us in NYC, Miami, San Francisco, Memphis, Kansas City, Omaha, Austin, Boston, and maybe a few others! Stay tuned to Techstars social media for updates.








Announcing Techstars Farm to Fork Accelerator in Minneapolis–Saint Paul

Techstars, the worldwide network that helps entrepreneurs succeed, is excited to announce the launch of the Techstars Farm to Fork Accelerator. It’s our first program focused on the tech/digital side of food and agriculture and I’m thrilled to be on board as the managing director.  As the name implies, we’re looking for the best entrepreneurs across the entire food value chain, from AgTech, manufacturing and supply chains, to food safety, waste reduction and traceability.

Techstars Farm to Fork Accelerator will be based in Minneapolis-St. Paul, Minnesota, and Cargill and Ecolab will be partners for this program.

Ecolab is the global leader in water, hygiene and energy technologies and services that protect people and vital resources. With 2016 sales of $13 billion and 48,000 associates, Ecolab delivers comprehensive solutions and on-site service to promote safe food, maintain clean environments, optimize water and energy use, and improve operational efficiencies for customers in the food, healthcare, energy, hospitality and industrial markets in more than 170 countries around the world.

Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.

Personally, I have been an entrepreneur and investor for most of my career. I’ve bootstrapped, raised venture capital, taken three companies to exit and have had at least one fail along the way. Entrepreneurship is my passion. I can’t think of a better platform to help fellow entrepreneurs succeed than this new program combining the Techstars worldwide network with these two powerhouse organizations in food and agriculture.

Our new mentorship-driven accelerator program will be located in the center of the food and ag tech world, The Twin Cities, where there are more than 25 billion dollar plus food and ag tech companies employing nearly 100,000 people focused on food and ag space. The program will run in Q3 2018; applications will be open on January 8, 2018.

Opportunity for Disruption

The food value chain continues to grow as an area of focus for entrepreneurs and tech investors. Why? Because the time is right for disruption! Globally, food spoilage is rampant; food safety is a growing concern, yet we don’t have the solutions to create more land or enough fresh water needed to feed the growing population. Now is the time to change the way things get done. Great entrepreneurs tackle big problems and the Techstars Farm to Fork Accelerator is thinking huge.

The Perfect Vertical for the Techstars Process

While there is growing interest in using technology to disrupt the space, food and ag entrepreneurs lack the attention and resources that benefit other verticals. But big players are now ready to move. Cargill and Ecolab are working with Techstars to see the global challenges and possible solutions through the eyes of entrepreneurs. They want to work closely with these innovators and help develop technologies that take advantage of opportunities and solve big problems.

Entrepreneurs shouldn’t go it alone! Both Cargill and Ecolab have broad knowledge and deep industry expertise — we leverage their resources to help entrepreneurs navigate a path from idea to impact? The Techstars Farm to Fork Accelerator is the perfect platform to connect these global giants in food processing, food safety and agriculture with innovators who have ideas and technical knowledge.

Everyone wins. Because at Techstars and with our partners, we share a give-first mentality, we’re going to help entrepreneurs do more faster.

A Food and Ag Hub That’s Ready for Innovation

Choosing the Twin Cities location was strategic. Minnesota was built by food and agriculture innovators over 150 years ago along the banks of the Mississippi and it continues to be a thriving, supportive place to build a company. Today we house many of the largest food and ag companies in the world, a renowned land grant university and an ecosystem full of top talent that specializes in this vertical. Our history is food and agriculture and with programs like this food and ag tech will play a big part in the region’s future.

As the managing director of the Techstars Farm to Fork Accelerator program, I’m excited to work with Cargill, Ecolab, Techstars and the best entrepreneurs in the world to disrupt food and agriculture.