Deadline: June 7, 2023 00:00 CEST
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Dates: September 11 - December 5, 2023
Eligibility: great founders who are proposing products that solve real problems or create meaningful innovations.
Location: Birmingham, AL, the United States
Techstars Alabama EnergyTech Accelerator 2023
Techstars accelerators have one goal: to help entrepreneurs succeed. During each three-month program, companies are surrounded by the best mentors and unrivaled corporate partners, investors, and alumni network.
Techstars Alabama EnergyTech Accelerator focuses on startups addressing innovative electrical and utility solutions.
Why apply for Techstars Alabama?
Techstars Alabama provides funding and fundraising opportunities, workshops, and curated resources, not to mention countless moments where you can learn from your peers. It’s a proven model that’s helped build thousands of successful companies, all over the world.
Techstars makes a first investment of up to $120,000 in each company at the time of the accelerator program: a $20,000 equity investment for the right to 6% in common shares and an optional $100,000 convertible note.
Techstars will also receive 6% of the Token Reserve if a company is conducting a Network Launch using distributed ledger technology (an ICO, SAFT, token event, etc.).
More benefits of applying
- Access to Techstars resources for life;
- Acceleration in a 90-day Techstars mentorship-driven accelerator program with personal mentorship and office space;
- Lifetime access to the Techstars worldwide network of entrepreneurs, including more than 10,000 mentors, 10,000 investors, 1,600 alumni companies, and over 200 staff members;
- Access to over $400k of cash equivalent hosting, accounting, and legal support—plus other credits and perks worth more than $5M;
- Demo Day exposure and other investor connections.
Historically, on average, Techstars companies go on to raise more than $2M of outside capital after the program.
Interested in applying for the Techstars Alabama EnergyTech Accelerator 2023? Register your participation by following the application link and taking the suggested steps.
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