MIAMI, Fla — Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, and leading global financial services firm J.P. Morgan, open applications today for their next Techstars Founder Catalyst Program in Miami. Following two other successful Founder Catalyst programs in Atlanta and the greater Washington D.C. area, 40 women-led ventures made incredible progress in growing and developing their businesses.
This experience will provide up to 20 Miami-Dade women entrepreneurs - focusing on elevating Hispanic and Latina women - valuable startup education, mentorship, community, and access to the Techstars worldwide network of entrepreneurs, mentors, investors, and corporate partners. The program will take place from August through October, 2022, where in-depth entrepreneurial sessions and resources will be provided to participants in a primarily virtual, part-time format.
“The massive impact Techstars Founder Catalyst program is having for women-led companies can be found in the more than 40 women-led businesses we have supported in both Atlanta and Washington D.C. through this initiative with J.P. Morgan,” says Katie Smith, vice president of Founder Catalyst at Techstars. “We are seeing these founders hone their entrepreneurial skills, better understand their target customers, and dig deeply into the innovative solutions they are offering the world.”
The previous two Techstars Founder Catalyst Programs in partnership with J.P Morgan have led to nearly one thousand mentor connections, four product launches, more than eight hundred fifty thousand dollars raised, and dozens of active investor conversations. In addition, three participants, Glenda Shaw of Transition, Jennifer Jaki Johnson of WellMiss, and Eleanor Jones of Skintelligent were accepted into Techstars accelerators with several more currently in the application process with the Techstars powered by J.P. Morgan accelerators.
“We are excited to continue our partnership with Techstars to support women founders in accessing vital resources to propel their businesses and achieve greater success,” says Silvana Montenegro, global head of Advancing Hispanics & Latinos at JPMorgan Chase. “We are committed to expanding opportunities for all women entrepreneurs and are especially excited to extend this opportunity to Latina entrepreneurs in the Miami area.”
Through the Techstars Founder Catalyst Programs participants receive education on proven methodologies and access to world class resources, increasing chances of success. Techstars’ expertise stems from their experience operating nearly 50 accelerators around the world and maintaining a portfolio of more than 2,900 companies.
Miami based women and Hispanic and Latina women founders of early-stage companies are encouraged to apply today through July 13 or contact firstname.lastname@example.org. Early applications are prioritized.
The Techstars worldwide network helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. Techstars has invested in more than 3,000 companies with a combined market cap of more than $140B. www.techstars.com
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.0 trillion in assets and $285.9 billion in stockholders’ equity as of March 31, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the JPMorgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com
This Founder Catalyst program is supported by J.P. Morgan’s Innovation Economy business unit and its Women on the Move initiative and Advancing Hispanics & Latinos initiative. Through the Innovation Economy division, J.P. Morgan serves high-growth, early-stage companies, and founders with solutions they need to scale quickly, from credit and financing to treasury and payments, international banking, access to the Investment Bank, asset management, and more. The Women on the Move initiative fuels female ambition and advances financial equality by providing greater access to capital, networking, expertise, and advice to female clients, serving women-owned or women-run businesses at all stages of development, from start-ups through large corporations. The Advancing Hispanics & Latinos initiative promotes the growth and success of Hispanic and Latino communities across the globe by promoting a pathway to education, wealth building, business growth and community development.