Techstars Detroit Accelerator Program for Entrepreneurs – US

The Techstars Detroit Powered by JP Morgan program is virtual/hybrid and open to all industries and all founders globally.

Techstars Detroit builds on the unique strengths of Detroit’s startup & innovation ecosystem through game-changing investment, mentorship, and community partnerships.

The virtual/hybrid format is mix of in-person and remote – they will be live in Detroit the first two weeks and then virtual for 10 weeks. They will close with a live week at the end for Investor Preview and Demo Day events.

Funding Information

Each company receives up to $120,000 in funding, and access to the worldwide network of investors, hands-on mentorship, and over $4M of perks.

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.

Criteria

• They fund all types of startups, working in most verticals, using any type of business models. Do keep in mind, however, that the focus is on startups rather than small businesses.
• They do the best to avoid accepting competitive companies into the same program class. However, with the growing number of Techstars companies, there may be competitive companies in the broader Techstars network. In the event there is a company in the Techstars portfolio that’s competitive, they work tirelessly to ensure there is no exchange of sensitive data.
• The primary language that they use in verbal and written communications during all accelerator programs—in every country—is English.

For more information, visit Techstars.