Review on Techstars by Douglas Cachazo
Techstars: Incubator that connects entrepreneurial networks
I believe that even the most skeptical already recognize the important and leading role that entrepreneurs and emerging economies will play in the new global economy that is already arriving, always the eyes were focused on the great powers and the companies that have emerged from them, since 2000 visionaries have initiated projects that some call incubators, currently incubators accelerators, its function is to ensure and accelerate the success of new ventures.
Techstars is one of those accelerator incubator companies that was founded in 2006 one of the pioneers and is based on the following components: startup,
Acceleration, partnerships and equity fund. Additionally it is supported by two internal sub companies, one that injects capital and the other that is in charge of marketing, everything well planned and organized guarantees a good percentage of success of your venture.
The process is as follows, the entrepreneur is captured, educated and instructed and interconnected with other entrepreneurs, goes to the acceleration process by mentors, who will give the tools and guide to give speed to the start-up, previously capital is injected to the project and finally is given support for the creation of the brand and support in marketing.
Something that seems very good to me is that despite being founded and based in the United States, it is open to support any venture anywhere in the world, whether personal entrepreneur or company, it gives priority to technological ventures but does not mean that only accepts those. It has large associated companies and economic power by investors with which it has, for its logistics, equipment, concept, associated companies, financing and marketing support do not hesitate to recommend this project and serve as a guide to give aconocer what should be a company of the incubator type accelerator.
Techstars opens applications 6 times a year and the acceleration program has an estimated time of 3 months.
Pros
- Well organized and planned incubator accelerators
- Has great team and logistics
- Interconnects in network communities of entrepreneurs worldwide.
- Has a good number of investors and partner companies.
- Not only guides you to start up, but also supports you in marketing
- Networking communities of entrepreneurs
- Mentors worldwide, in several languages
- Being one of the pioneers in the genre is a great endorsement.
Cons
- Nothing at all
