Deadline: 20-Sep-21
Applications are now open for the Techstars Toronto Accelerator Programme.
Funding Information
- They provide the seed funding to get you going, but you may well need more funding to really make it.
- Near the end of the three month program, they’ll organize Demo Day where angel investors and venture capitalists will check out your technology and listen to your pitch. Usually they have about 100-200 investors there.
- They’ll coach you so you’re as effective as possible, and do everything they can to help get you follow on funding.
- So far, about 75% companies have received follow on funding and/or immediately became profitable after Techstars ended.
- On average, Techstars’ companies raise $1-2M post demo day.
Benefits
- 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.
- Each company also receives:
- Access to Techstars resources for life
- Acceleration in a 90-day Techstars program with intense, hands-on mentorship from Techstars Mentors
- Connections to the Techstars Network of over 10,000 founders, alumni, and mentors globally
- 200+ perks and growing
- Office space for three months (unless you are participating in a virtual program)
- Demo Day and other investor connections
- Equity Back Guarantee, the only one of its kind in their industry
What Kind of Companies do they fund?
- They fund all types of startups, working in all verticals, using any type of business models. Do keep in mind, however, that their focus is on startups rather than small businesses.
For more information, visit https://www.techstars.com/accelerators/toronto