Techstars Web3 Accelerator 2024 for Startup Founders

in Grants

Opportunity Description

Applications are open for the Techstars Web3 Accelerator 2024. This accelerator works with entrepreneurs to develop web3 technologies and enable the next wave of growth in the decentralized internet and tokenized economies.

They invest in and accelerate founders, enabling the onboarding and engagement of web3’s first one billion users.

There is a significant push towards the ‘protocolization’ of web services, and there is much to be built to better serve us with capital, data, and machines. Incentive mechanisms, utilities, and usability are important, but they are aware that much more is being developed, including application layers and tooling, infrastructure, interoperability, security, identity, and more.

 

Techstars is the worldwide network that helps entrepreneurs succeed. As one of the largest pre-seed investors in the world, they’ve funded over 3,200 companies that have gone on to have a market cap of $79B+.

Techstars portfolio companies include more than 100 companies with valuations of over $100M, and 19 of them have already reached unicorn status including SendGrid, ClassPass, and Chainalysis.

 

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, 4,000 alumni companies, and over 300 staff members.
  • 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.
  • Demo Day exposure and other investor connections.

 

Eligibility

  • Open to entrepreneurs building in web3 and enabling the next wave of growth in the decentralized internet and in tokenized economies.
  • Entrepreneurs may be from anywhere in the world.
  • 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.

 

Application

Application will close on November 20, 2024. The accelerator will begin on March 10, 2025.