One of the Midwest’s most competitive accelerator programs is looking for technology enabled startups with global potential.
Techstars Kansas City is now accepting applications for its three-month, mentor-led 2018 class. The program is set to begin July 16, culminating with an Oct. 11 demo day event in which participating startups will pitch to the community and investors. Applications close April 8.
“The goal of Techstars is identifying first-in-class tech companies,” said Lesa Mitchell, Techstars KC managing director, in July 2017, when the inaugural class was announced. “We always have a goal of identifying companies that have a serious long tail and have a huge opportunity with lots of different products down the roadway.”
In exchange for 6 percent equity, Techstars KC startups receive $120,000, participation in the accelerator program and access to Techstars’ global network of alumni and mentors.
“In the heartland of the U.S., Techstars Kansas City is building new global companies. Home to one of the largest Design + Build, Agriculture and Animal Health hubs in the world, Kansas City is fast becoming a hub of innovation and entrepreneurship,” Techstars says in its application.
The inaugural Techstars KC class was a diverse hodgepodge of industries, including ed tech, artificial intelligence, law, virtual reality, food and more. Mitchell also pulled the firms from a variety of U.S. cities, including San Francisco, Austin, Phoenix, Wichita, Kansas City and more.
Based in Boulder, Colorado, Techstars is a global accelerator firm with 32 programs across the globe, in such cities as Los Angeles, New York City, London and Paris. (Applications to many of those programs also now are open.) Kansas City is the second smallest city in which the accelerator firm operates after Boulder.