Techstars to accelerate Tech Central’s startup scene
Tech Central welcomes Techstars to the innovation district as it invites applications for its first Sydney-based accelerator program.
Techstars is an internationally recognised early-stage startup investor who run mentorship-driven accelerator programs across the globe. These programs provide capital, programs and mentorship for startups, connecting them with investors, corporations and cities to help build thriving startup communities.
Already Australia's biggest innovation district of its kind, the addition of the Techstars accelerator builds on the vision to make Tech Central the most inclusive, sustainable, welcoming & creative innovation district on the planet.
Techstars' accelerator is a three month program, providing capital, workspace and network, culminating in a demo-day, where participants present to Techstars alumni, investors and local entrepreneur network to "pitch" their company idea.
Applications for the Techstars Tech Central Sydney Accelerator are now open with a focus on seed and early-stage founders who are building businesses across AI, fintech, advanced manufacturing, cloud computing, robotics, cyber security, quantum computing, creative tech, and climate tech.
Techstars is looking for startups with big ideas who have the kind of team who can "get the job done", a high potential target market and "traction" that proves they're building something people want.
"Techstars firmly believes anyone, anywhere can be a world-changing entrepreneur. From our location in Tech Central, founders will have the opportunity to participate in an accelerator program that will build upon their entrepreneurial skills, help them find product market fit, and uncover innovative solutions that can make lasting impact across the community," Techstars CEO Mäelle Gavet said.
Petra Andren, Head of Innovation Districts at the Greater Cities Commission said of the announcement: "This is a huge win for Tech Central and for Australia's start-up ecosystem. Techstars are a globally respected accelerator and pre-seed investor who can help support and grow local emerging tech industries across a range of sectors through mentor driven accelerator program, opening up global networks and partnership possibilities. We look forward to all the future announcements we will be making about their work."
For further information on the Techstars Accelerator Program and to apply visit Techstarslaunch.