TechStars is a highly competitive funding and mentoring program based in Boston, Boulder and Seattle that helps young startups jump-start their businesses. Their impressive list of over 50 mentors includes Wordpress founder Matt Mullenweg, venture capitalist Fred Wilson and Foundry Group director Brad Feld.
announced last November that six of the 10 companies from the 2009 Boulder class closed investment deals with venture capital firms.This summer's program will be the fourth class of companies to go through the Boulder program, and if last year's class is any example of how things will go this year, big possibilities await applicants. TechStars founder and CEO David Cohen
One disadvantage Boulder applicants face is that any unselected applications from the Boston program are automatically rolled over into the Boulder applications, making the selection more competitive. The same thing will happen in Seattle, which means Seattle applicants will be ultimately vying for spots against the Boston and Boulder rejects.
The deadline to apply for this summer's Boulder program is Monday, March 22 at midnight Mountain Standard Time. Seattle applications open the following day.
Photo by Flickr user Let Ideas Compete.