Investment round led by SVB Financial Group to speed Techstars global expansion and continued growth
BOULDER, Colo. – July 30, 2019 – Techstars, the worldwide network that helps entrepreneurs succeed, today announced a $42M investment led by SVB Financial Group, the holding company of Silicon Valley Bank, with additional participation from existing investors including Foundry Group. This funding will accelerate Techstars’ growth to help more entrepreneurs succeed through seed-stage accelerators, global startup ecosystem activations, corporate innovation, and entrepreneur-focused events.
Techstars consists of both an investment management business with $500 million in assets under management as well as an operating business that is rapidly approaching $100 million in annual revenue.
Techstars’ investment activity now includes 49 accelerator programs in 35 cities across 16 countries, deploying $80 million into nearly 500 startups on an annual basis. The Techstars portfolio of 1,900 companies currently attracts an annual $2 billion in downstream investment from the venture capital industry. Techstars also invests in global emerging startup communities by operating approximately 1,000 annual Techstars Startup Weekend events in 600 cities across 120 countries to help surface and support future high growth companies.
“Being the largest and most active global seed investor requires a mindset and approach that is completely distinct from traditional venture capital,” said Techstars Co-CEO David Cohen. “Techstars has created and is scaling an entirely new type of early-stage private equity asset.”
Through its operating activities, Techstars’ partners with nearly 100 corporations to provide corporate innovation solutions. Techstars is also an active partner with cities such as Buffalo (NY), Louisville (KY), and Turin (Italy) to further develop their startup communities.
In addition to the financing, John China, President of SVB Capital, has joined Techstars’ Board of Directors. “The Techstars team is well-positioned to keep developing its platform and enable and support founders, investors and startup ecosystems around the globe,” said China. “SVB has a long history working with Techstars and its portfolio companies and we’re enthusiastic about the opportunity to further our relationship and make a bigger positive impact on the innovation economy.”
Techstars is the worldwide network that helps entrepreneurs succeed. Techstars enables founders to connect with entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporations to grow their companies. Techstars accelerator alumni including Classpass, DataRobot, DigitalOcean, Outreach, Pillpack, Remitly, SalesLoft, SendGrid, and Zipline have a current market cap of more than $22 billion. Founded in 2006 by co-founders and co-CEOs David Cohen and David Brown, tech entrepreneur and venture capitalist Brad Feld, and the current Governor of Colorado, Jared Polis, Techstars is known for developing the principle of #givefirst, a core value of giving to and helping others without a direct expectation of a transactional return. Headquartered in Boulder, Colorado, Techstars employs more than 280 people across 20 countries. Learn more at www.techstars.com.
About SVB Financial Group
For more than 35 years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group’s businesses, including Silicon Valley Bank, offer commercial, private and investment banking, asset management, private wealth management, brokerage, and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world. Learn more at www.svb.com.
Being a student entrepreneur comes with a unique set of challenges. Student founders need guidance from a community that understands not just what it takes to build a company, but how to balance—and get the most out of—being both a full-time student and a full-time entrepreneur. As part of their mission to help student entrepreneurs succeed, Blackstone LaunchPad powered by Techstars is launching the inaugural 2019 LaunchPad Lift Cohort, a personalized mentorship-driven program for LaunchPad student-led ventures from the United States and Ireland.
“The Blackstone LaunchPad powered by Techstars entrepreneurship program offers students valuable on-campus support through content and mentors. Through this program, Techstars, the worldwide network that helps entrepreneurs succeed, is dedicated to supporting those students through the entrepreneurial journey from inspiration to IPO,” said David Cohen, Co-CEO of Techstars.
LaunchPad Lift will help bridge the gap between the Blackstone LaunchPad powered by Techstars programming available on each college campus and the next big steps student-led ventures need for their companies. Whether the ventures are planning to apply to an accelerator program, raise capital, or make their first hire, the LaunchPad Lift Cohort takes ventures through a personalized experience with an assigned Techstars mentor to help them succeed. In addition, ventures will be exposed to experts from the Techstars network who will share their best practices on building a business.
We asked some of our LaunchPad student-led venture founders to tell us about the impact of the program. Here’s what one wrote: “Our Blackstone LaunchPad powered by Techstars mentors have been critical to our success. Between mentorship and connections, we have grown and accelerated our progress tenfold by being a part of this community!”
We’re excited to announce that seven student-led ventures, who presented at the 2018 LaunchPad Training Camp, were selected to join the inaugural LaunchPad Lift Cohort. These seven ventures are from the LaunchPad Global Network and the founders represent seven schools in four states and two countries, with ventures in seven distinct industries. Additionally, over 50% of the startups in the 2019 LaunchPad Lift Cohort have diverse founding teams that include women and people of color.
Blackstone LaunchPad powered by Techstars selected these ventures based on several factors: live pitches and peer voting at the LaunchPad Training Camp, mentor feedback, and a review process conducted by the Blackstone and Techstars team to assess the strength of each team’s business model and concept, coach-ability, and venture stage, as well as the team’s passion and their ability to fully utilize a mentor to grow.
“Over the course of the 2018 LaunchPad Training Camp, I had the opportunity to meet with ventures from over twenty universities, hear their pitches, and get to know the entrepreneurs. I was incredibly impressed by these student ventures—the diversity of ideas, the commitment to entrepreneurship, and the potential for scalable impact were all exceptional,” said Amy Stursberg, Executive Director of the Blackstone Charitable Foundation.
LaunchPad Lift will run for 10 weeks, from January 28 through April 1, 2019. Each participating student-led venture will receive a $10,000 grant upon program completion, and join the Blackstone Charitable Foundation and Techstars team at a closing event in New York City.
Meet the Seven Ventures:
CALM (Temple): CALM is a small device that uses pulses of vibrations to influence the brain and de-escalate rising stress and anxiety attacks.
Combplex (Cornell): Combplex is an innovative solution to beekeepers’ number one problem, eliminating the parasites killing their bees.
Lazarus (Texas A&M): Lazarus provides a unique degree of lethality by designing projectiles that penetrate a threat, then minimize blood loss post-penetration in order to preserve life.
My Wellbeing (NYU): My Wellbeing connects therapy-seekers to compatible therapist and coach matches in NYC.
Petitas (USC): Petitas LA is a clothing brand by and for petite, professional women.
Shower Stream (UT Austin): The Shower Stream is a smart shower head adapter that installs as easily as a light bulb, saves water waste, proves the savings via the web, and is completely unobtrusive to the user.
NUA Surgical (NUI Galway): NUA Surgical is developing a novel medical device to make caesarean delivery a safer and more superior surgery.
The Blackstone Charitable Foundation and Techstars partnership increases the chances for collegiate ventures to succeed by ensuring they have the resources they need to thrive. The Blackstone LaunchPad powered by Techstars entrepreneurship program is accessible by over 500,000 college students globally and designed to support and mentor students, staff, and alumni entrepreneurs regardless of major, experience, or discipline.
Techstars was founded in 2006 by David Cohen, David Brown, Brad Feld, and Jared Polis. Those who have been around Techstars over the last decade have heard quite a bit about co-CEOs David Brown and David Cohen, Brad Feld, and others in the early cast of characters such as Nicole Glaros and Jason Mendelson. But, perhaps some of the Techstars community doesn’t know Jared Polis nearly as well. Before we get to some fun (and slightly embarrassing) photos and videos from the early days of Techstars, we want to tell you a bit about Jared.
Jared is a fantastic Colorado entrepreneur, who founded amazing companies including American Information Systems (sold in 1998), BlueMountain.com (acquired by Excite@Home in 1999 for $780M in cash and stock), and ProFlowers.com (which went public after being renamed to Provide Commerce and was subsequently bought in 2005 by Liberty Media for $477M).
For the first year or two of Techstars, Jared was a regular super-mentor to the original Boulder accelerator classes. At this time, Jared was already a public servant and a member of the Colorado State Board of Education. Then, about two years into Techstars, in 2008, Jared was elected to Congress and we understandably started to see less of him around Techstars. He was re-elected to Congress four more times by Colorado voters in 2010, 2012, 2014, and 2016. Then, in 2018, Jared announced his run for Governor of the state of Colorado.
The three of us (David, David, and Brad) were thrilled for Jared and for the people of Colorado after he won this latest race and officially became Colorado’s Governor-elect just last week!
It’s always been exciting to have someone who truly understands the power of startups representing our country and now our state. To us, Jared’s service in government is an incredible expression of his lifelong #GiveFirst attitude.
We thought it was appropriate to offer our congratulations, but also toss in a small collection of Jared’s Techstars history below. So, from the bottom of our hearts: Jared, thank you and here’s to you!
Boulder Daily Camera article announcing the creation of Techstars, January 2007. Photo courtesy Boulder Daily Camera.
Here’s the Denver Post article “How Techstars Was Born” with some nice embarrassing photos below of Brad, Jared, and David Cohen. David Brown knew better than to show up for this one. Photos courtesy of the Denver Post.
And Finally, circa 2007, Jared makes an appearance in the original marketing video for Techstars.
At November 10th, Startup Weekend is coming to Zwolle. This is quite special, for a number of reasons. First of all, it’s the very first edition in our city. Second, this year is the 10th anniversary of Startup Weekend. And third, our facilitator Jen Riedel is from the USA!
Startup Weekend facilitators have an important role. Basicly they manage and lead local events, so attendees have a great learning experience. However, facilitators do a lot more behind the scenes!
What about our facilitator Jen Riedel?
We decided to ask her some questions to get to know her a little better:
#1 What should we know about you?
I absolutely love working with brand new teams at the early ideation stages. In the last 5 years, I’ve worked with numerous early-stage companies to help them with conceptualizing and actualizing their business. More generally, I have experience working with Fortune 500 companies, co-working spaces, building communities from the ground up, taking a four person startup team through an acquisition, and working in design consulting. You should also know that I love using design thinking frameworks, I’m trained in leading rapid prototyping workshops, and I drink more coffee than anyone I know.
#2 What brings you to Startup Weekend Zwolle?
Truthfully, one of my incredible colleagues at Techstars spoke so highly of the Zwolle organizing team, I couldn’t resist the invitation! Secondly, I’ve never had the opportunity to facilitate in Europe and I’m thrilled to learn how you approach innovation. I am also keen to share the knowledge I’ve picked up in my 17+ Startup Weekend experiences in the US and Canada.
#3 A lot of people think about attending Startup Weekend Zwolle. Why should they join this event?
This event will no doubt transform your life. There are various and wondrous ways this can happen. A few I can think of off the top of my head are anything from finally getting over your fear of pitching your idea to a room full of people to possibly altering your career path in order to start a company with people you meet during this program. You might meet a new friend, a lifelong mentor, validate your idea, find a new job, and I guarantee you will walk away with an experience like no other.
#4 What do you like to say to the people in Zwolle Area?
If this has sparked your curiosity even slightly, come on out! This event is for you no matter what background, age, or experience level you may have. That is the beauty of Startup Weekend after all.
Interested to attend Startup Weekend Zwolle? Click here to claim your ticket.
Se encuentran abiertas las aplicaciones para el programa de aceleración de Techstars. Aplica para unirte a la red de Techstars de más de 10,000 mentores, inversionistas y fundadores. La fecha límite para aplicar es Abril 9, 2017 para la sesión que comienza en Julio 2017 en 12 ubicaciones diferentes alrededor del mundo.
Cuando apliques, puedes escoger entre las siguientes locaciones y verticales:
- Nueva York
- Internet de las Cosas
- Kansas (Nuevo)
- Los Angeles (Nuevo)
- Techstars Mobility (Detroit)
- Techstars Retail, en alianza con Target (Minneapolis)
- Techstars Atlanta, en alianza con Cox Enterprises
- Techstars Adelaide (Australia, Nuevo)
- Alexa Accelerator, powered by Techstars (Seattle, Nuevo)
También tendremos sesiones de información globales para conectar con las mejores startups y fundadores del mundo.
Eventos en línea:
- March 7: Live Webinar
- March 8: Live AMA
- March 16: Live AMA
- March 21: Live Webinar
- March 23: Live Webinar
- March 30: Live Webinar
- April 4: Live Webinar
- April 4: Live Webinar
- March 17: Kiev, Ukraine (Office hours)
- March 17: Kiev, Ukraine (Info session)
- March 21: Berlin (Office hours)
- March 21: Berlin (Info session)
- March 22: Berlin (Office hours)
- March 22: Berlin (Info session)
- March 23: London (Office hours)
- March 23: London (Info session)
- March 19: Tel Aviv (Info Session)
- March 19: Tel Aviv (Office Hours)
- March 21-25: Tel Aviv (Office hours)
- March 22: Tel Aviv (Info session)
- March 22: Tel Aviv (Office hours)
- February 28-March 1: Chicago (Office hours)
- March 1-2: Chicago (Office hours)
- March 2: Salt Lake City (South Jordan), Utah (Office hours)
- March 2: Salt Lake City (South Jordan), Utah (Info session/AMA)
- March 2: Los Angeles, California (Office hours)
- March 2: Los Angeles, California (Info session)
- March 3: Pasadena, California (Office hours)
- March 3: Pasadena, California (Info session)
- March 6: New York City (Office hours)
- March 6: New York City (Info session)
- March 6: Seattle (Office hours)
- March 6: Seattle (Info session)
- March 6-7: New York City (Office hours)
- March 7-8: Boston, Massachusetts (Office hours)
- March 7-8: Boston, Massachusetts (Info session)
- March 8: Boston, Massachusetts (Office hours)
- March 8: Los Angeles, California (Info session)
- March 8: Los Angeles, California (Office hours)
- March 8: Los Angeles, California (Info session)
- March 8 & 10: Los Angeles, California (Office hours)
- March 9: Nashville (Office hours)
- March 9: Nashville (Info session)
- March 9: San Diego, California (Office hours)
- March 9: San Diego California (Office hours)
- March 9: San Diego, California (Info session)
- March 9: New York City (Office hours)
- March 10: Chattanooga, Tennessee (Info session)
- March 10: Chattanooga, Tennessee (Office hours)
- March 12: Austin, Texas (Info session)
- March 12-13: Austin, Texas (Office hours)
- March 13: Toronto (Office hours)
- March 13: Toronto (Info session/AMA)
- March 13-14: Boston / MIT (Office hours)
- March 14: Boston/MIT (Info session)
- March 14: Waterloo, Ontario (Office hours)
- March 14: Waterloo, Ontario (Info session/AMA)
- March 15-17: Boulder/Denver, Colorado (Office hours)
- March 16: New York City (Office hours)
- March 16: New York City (Info session)
- March 16: Atlanta (Techstars Office) (Office hours)
- March 16: Atlanta (Techstars Office) (Info session)
- March 16: Santa Monica, California (Info session)
- March 16: Santa Monica, California (Office hours)
- March 17-19: New York City (Info session)
- March 17-19: New York City (Office hours)
- March 21: Chicago (Office hours)
- March 21: Chicago (Info session)
- March 28: San Francisco (Info session)
- March 28: San Francisco (Office hours)
- March 30-31: Chicago (Office hours)
We are thrilled to announce the inaugural class of Techstars++ in Partnership with Dcode42. This revolutionary program connects startups with the public sector to bring cutting-edge technologies to the US government, while providing new business opportunities to post accelerator program entrepreneurs.
The program will take place at the new Manhattan Laundry WeWork location in Washington, D.C., and will culminate with a “Product Showcase” at the Booz Allen Innovation Center on Thursday, September 29, 2016. We will hear from both the participating Techstars alumni and accomplished guest speakers, such as Department of Labor’s Chief Innovation Officer, Xavier Hughes.
As a native Washingtonian and Navy brat, this program is near and dear to my heart. My early technology career was spent in the annals of DoD and federal office buildings. Although I enjoyed systems engineering and enterprise architecture, especially in the context of civil service, I became disillusioned by the red tape, long lifecycles, and seemingly inadvisable edicts. When I left to pursue an M.B.A., I did so with the intent of learning enough to better co-develop solutions from both business and technology perspectives and essentially do more faster.
In this program, we hope to do just that by providing Techstars’ alumni access to a strategic and rewarding market: government. Founders will receive a one-of-a-kind experience with mentorship from both industry and government leaders who can benefit from each other’s solutions. It is my hope that together we will rapidly forge mutually beneficial relationships that help fill public sector needs and encourage other technology companies to do the same.
The following companies have been selected to participate in the program. They will spend two weeks working alongside key stakeholders and leaders from government agencies such as the NGA, FCC, DHS, CBP, US Digital Services, FAA, DOI and The White House:
- DroneSeed – An efficient, cost-competitive fleet of drones to reduce reliance on manual labor for the full life-cycle of forestry management, from planting to spraying and harvesting.
- Kepler Communications – Kepler Communications is a satellite communications company that provides connectivity services to remote internet of things devices.
- MARK Labs – An analytics platform that uses data to help organizations determine the social impact and outcomes of investments in the community.
- New Knowledge – A.I meets data science to automate advanced data analysis, visualization and model selection. Engineering teams use the API to go from raw data to live, interactive embeddable dashboards in minutes (not weeks). Business teams use the Studio to visually explore insights, discover meaning and get predictions in an instant.
- NexLP – A predictive intelligence software solution that turns electronic data into patterns and stories. NexLP uses artificial intelligence and machine learning to derive actionable insight from unstructured and structured data.
- PROXXI – An industrial wearable that keeps watch over people working near medium and high voltage. It is designed to prevent injury or death by alerting the wearer before they enter the ‘limits of approach’ of a high voltage electrical field.
- Stabilitas – Helps travelers stay safe, connected and informed about what is happening around them. They support organizations in taking care of their people and they give loved ones peace of mind.
- SPIDRTech – Bringing law enforcement into the 21st century with the world’s first community relationship management platform.
This program is possible thanks to sponsorship from Amazon Web Services, WeWork and Booz Allen Hamilton. We applaud their support of the startup ecosystem. Gauging from the excitement of the community and the diligence of the amazing founders, we expect great things!
Click here for more details about the Techstars++ in Partnership with Dcode42 program.
The first time I heard the word “Entrepreneur”, it was said by a fairly older gentleman, who frantically walked on the stage, waved his arms about and kept saying the word like it was a sort of mantra. We all laughed, my friends and I. Frankly, we never had the intention of paying attention that morning.We just found him to be someone we could point our fingers and laugh at. That was 12 years ago and I didn’t know it back then, but astoundingly, I find myself in a similar position the man on the stage was in. Figuratively, I find myself trying to convince a sceptical audience of the concept of a start up or an idea, and figuratively, the criticisms and questioning feels like the audience pointing a finger and laughing at me.
I suppose I can finally understand what the old man was on about. The feeling of bringing an idea to life is an exciting prospect. It’s a promise of a dream you can provide yourself with and an intangible sense of purpose that is finally, potentially, attainable. But beyond all the ‘fairy-tales’ and ‘lofty ideals’, start-ups aren’t a very novel concept obviously. The fruition of our imagination and our ideas is one of the fundamental characteristics of our species. The man who invented the wheel, the first farmer and the first carpenter could all be considered entrepreneurs. Being entrepreneurs is who we are. We are living in a wonderful time, full of challenges that need to be addressed and full of problems waiting for ingenious solutions. While the industrial revolution and the software bubble were the great start-up generators of our recent history, never in our collective memories as a society, have we faced the scale of challenges we face today, challenges that have the potential to affect every single person’s life. As potential entrepreneurs we are the answer to these challenges.
At the Global Start-up Week, we will provide entrepreneurs with every resource they need, expose them to ideas from across the world, have veterans put their ideas to the test and eventually select the team that may have the answer to questions we may not have even thought of yet.
As a potential entrepreneur, you will have everything you require to leave your mark on this world. All you need to do is use your imagination.
– Anirudh Valluri.
Startup Weekend Hyderabad (GlobalStartupBattle) will be held on 20th – 22nd of November, 2015 at T-Hub, Gachibowli. To participate, please register at www.swhyd.co.in
At first, I found it strange that the organizing team of the Triangle event I facilitated on June 12-14 pursued a “trailblazers” edition. Initially I had thought the team wanted to create a diversity-themed event similar to the one I had facilitated in Miami just two weeks prior.
I learned quickly that the rationale behind that branding had to do with the perception of the world “diversity” as potentially not ideal. The term “Trailblazers” alluded to the multiple pioneers that have come from all walks of life in North Carolina, but not directly to women, people of color, or other underrepresented peoples.
This move honestly troubled me for two reasons:
Do people actually feel excluded when an event calls for diversity?
Do people not want to be part of an event that prioritizes diversity?
After 10 Startup Weekends as a participant, volunteer, organizer, and facilitator, I’ve come to not only appreciate the diversity of each event – I crave it. The greatest killer of an event is monotony – if it looks and feels the same as it did before, it will lose its luster.
My last two events were among the most memorable because they knew a simple fact:
Diversity improves community. Always.
Below are some key lessons I learned during my time in Raleigh, Durham, and Chapel Hill that weekend.
1. History matters, especially from diverse narratives
We’re all familiar of the most famous narrative of innovation out of North Carolina – the location of the famous Wright Brothers’ historic heavier-than-air flight. The state also has a rich history of innovation from lesser-known figures such as:
Sequoyah – creator of the Cherokee alphabet, which allowed for increase communication between and across Native American peoples.
Lunsford Lane – born into slavery and invented a special tobacco that raise enough money to buy his freedom.
Mary Beatrice Davidson Kenner – inventor of 35 products and holder of five patents, granted retroactively as she was denied previously for being a black woman.
I felt it was important to tell these stories as well in Durham at the event. Innovation can truly come from anywhere, but it takes a special drive to push it forward.
2. Diversity strengthens communities on the rise
I was truly captivated by the beauty and sprawl of the downtown Durham innovation sector. Everything from American Underground to the Iron Yard is all within walking distance, and the community is very familiar and well-integrated.
I can see why the Triangle has been selected for the location of the next UP America Summit in September. It has everything the country could want and so much more!
3. You can have a diverse team of literal professionals
In all of my Startup Weekends, I’ve never seen a more impressive, academic, and professional group of people that I did at Triangle Trailblazers. In this photo, I estimate there are at least twelve or thirteen advanced degrees and over one hundred years of professional experience.
Moreover, they ran their even with aplomb. Excellent communication, precision, and consideration for the needs of the community. Great, great work!
4. Diversity is more than just about race or gender
This event was attended by nearly equal parts female and male and predominately people of color, particularly African and Latino American. Also like in the Miami event, the Triangle event brought out another underrepresented group: the differently-abled.
Two teams that hoped to aid the visually-impaired worked from start to finish during this competition, with one app – The Blank App – going on to win the AT&T Special Award for Connectability.
It’s great to see Startup Weekend bring out the best of ourselves, regardless of whether it is convenient or profitable.
5. A new owner, but the same mission for diversity
With the recent Techstars acquisition of UP Global, there are many community leaders such as myself who are left with several questions about the future of the organization. While tax incentives and financial strategies are important, I think the preservation of UP Global’s Burning Man-inspired philosophy of “radical inclusion” should be at the forefront of the discussion.
To me, prioritizing diversity should be self-evident, and it should not ever be a point of contention.
However, until our communities evolve to that point, we’ll just have to stay vigilant. From the bottom of my heart, I thank the Triangle Trailblazers team for inviting me out to be a part of their special event, and I’ll see everyone in September.
Lee Ngo is a community leader and facilitator based in Pittsburgh, PA.
Siendo quien activa esta posibilidad, queremos asegurarnos que cuentas con toda la información que podrías necesitar.
Aquí están los recursos más importantes para continuar nuestra misión juntos:
- Announcement Hub (incluyendo el Live Chat)
- Preguntas Frecuentes para Líderes de Comunidad
- Carta por parte de Marc hacia los Líderes de Comunidad
- ¡Únete a los grupos de Facebook! If you’re not already a part, join the conversation:
- AMA Series – ¡Únete a las sesiones de preguntas y respuestas en vivo!
○ Jueves 18 de junio, 9am PST con Marc Nager
○ Jueves 18 de junio, 4:30pm PST con Marc Nager y David Brown
○ Viernes 19 de junio, 10am PST con Marc Nager y David Cohen
Principales cambios para los Líderes de Comunidad:
- Como varias de nuestras oficinas internacionales, las oficinas centrales de Estados Unidos pasarán a ser una entidad con fines de lucro (al convertirse en parte de la organización Techstars). Para la mayoría del mundo, esto no cambiará nada, sin embargo, si has hecho procuración de fondos bajo la bandera de ser una organización sin fines de lucro, estamos creando recursos que te ayudarán a comunicar la nueva propuesta de valor para quienes patrocinen tus eventos. Si te encuentras procurando fondos actualmente para tu siguiente evento, siéntete en la libertad de escribir a tu Regional Manager para soporte inmediato.
- Como una organización con fin de lucro, podremos invertir en equipos exitosos de Startup Weekend a través de los programas de Techstars y re-invertiremos ese valor a la misión en un largo plazo.
- Con esto, la marca de UP Global será retirada en favor de la marca sombrilla de Techstars. Las marcas de los programas como Startup Weekend, Startup Digest, Startup Next, y Startup Week NO cambiarán. Nuestras oficinas internacionales se volverán parte de la marca de Techstars conforme pase el tiempo.
- La marca de Startup America, que se combinó con Startup Weekend cuando se creó UP Global en 2013, será devuelta a Case Foundation, quienes explorarán oportunidades para futuros programas bajo ese nombre.
- Google for Entrepreneurs continuará apoyando a Startup Weekend y Startup Next globalmente y nuestros aliados actuales globales, regionales y de cada programa, continuarán con nosotros mientras seguimos en nuestra operación bajo Techstars.
- ¡Startup Next ahora será gratis! Los costos previamente asociados a la aceptación del programa serán eliminados, dando a más emprendedores la oportunidad de tomar ventaja en este recurso para ayudarles a escalar.
- Estaremos implementando nuevas maneras para que los líderes de comunidad nominen a los equipos que ellos consideren una buena opción para los programas de aceleración de Techstars. Esto no garantiza la aceptación de los equipos, pero confiamos en que nuestros líderes nos ayudarán a identificar esos equipos de alta calidad para brindarles exposición y nuevas oportunidades.
- Como sea posible, estamos emocionados de conectar las dos redes para oportunidades de mentoría, posiciones abiertas en compañías de Techstars y Startup Weekend, espacios compartidos para eventos y más. Si tienes una idea de cómo conectar en una manera específica, déjanos saber.
- Marc Nager, nuestro CEO, será parte del equipo ejecutivo en Techstars como Chief Community Officer. El equipo Global se convertirá en empleados de Techstars sirviendo en el mismo rol o similares y la junta de UP Global, continuará apoyando nuestros esfuerzos en maneras diferentes mientras la junta formal se disuelve.
Estamos extremadamente emocionados de continuar trabajando en esta misión al lado de Techstars y de continuar sirviéndote y a las comunidades de emprendimiento alrededor del mundo. Estamos confiados de que lo que podemos hacer juntos será muy poderoso y estamos ansiosos de proveerte con un mejor y más completo apoyo.
Como siempre, puedes contactar a tu Regional Manager o contactarnos en: firstname.lastname@example.org.
Today, it was announced that UP Global has been acquired by Techstars, a global leader in startup accelerator programs and funding. This marks an exciting new chapter for UP Global’s team, programs (Startup Weekend, Startup Digest, Startup Next, and Startup Week), and global community of volunteers, so be sure to check out the official announcement.
In 2013, the Bill and Melinda Gates Foundation provided UP Global with a grant to operate Education Entrepreneurs. Due to UP Global’s acquisition by Techstars and its transition to a for-profit entity, UP Global is no longer eligible to operate the Gates grant. Despite this, UP Global is still committed to advancing education entrepreneurship and supporting the Education Entrepreneurs Community. They are currently working closely with the Education Entrepreneurs Team and the Gates Foundation to ensure Education Entrepreneurs is set up for a successful next chapter.
Under Techstars, UP Global will continue to operate Startup Weekend, which include themed editions such as Startup Weekend Education. Therefore, if you are planning to attend an upcoming Startup Weekend Education event or apply to organize one in your community, you can still feel comfortable moving forward; there is no interruption in the support provided by UP Global Regional Managers.
Again, UP Global, the Education Entrepreneurs Team, and the Gates Foundation are all committed to making sure the future of Education Entrepreneurs is bright and that people around the world continue to feel empowered to use entrepreneurship to improve education. Updates will be announced as they become available, and if you have any questions or feedback, feel free to email EducationEntrepreneurs@Up.co.
More about Education Entrepreneurs
Education Entrepreneurs is the largest initiative in the world focused on helping people use entrepreneurship to improve education. Its suite of offerings include Startup Weekend Education, Startup Digest Education, Workshops, online resources, and a global network of Community Leaders. Spanning six continents, Education Entrepreneurs has created an unprecedented opportunity for anyone, anywhere to shape the future of education.