Techstars Berlin Accelerator program 2023

As one of the most inclusive, diverse, and fastest-growing early-stage entrepreneurial ecosystems in the world, Berlin welcomes entrepreneurs who want to access capital, talent, and opportunity for its 2023 cohort of Techstars Berlin Accelerator program.

Techstars primary investment is at the accelerator stage, and Techstars also have a dedicated follow-on fund to continue to invest in portfolio companies as grow. Techstars makes a first investment of up to $120,000 in each company at the time of the accelerator program: a $20,000 equity investment for the right to 6% in common shares, and an optional $100,000 convertible note. Techstars will also receive 6% of the Token Reserve if a company is conducting a Network Launch using distributed ledger technology.

Techstars fund all types of startups, working in most verticals, using any type of business model. The focus is on startups rather than small businesses.

Techstars choose great founders who are proposing products that solve real problems or create meaningful innovations. For this reason, Techstars is less likely to accept single-founder companies (It’s less likely to have all the skills the company needs to succeed). The best things one can do to strengthen the application are i.e. round out the team with business, technical, and other necessary skills; make progress on the prototype or product and reference it in the application; show TechStars you’ve really thought about your business and have gotten out there to do something about it; demonstrate early traction or provide data points to validate your core assumptions.

Techstars think that the value of the learning, networking, and mentoring provided by the program is of tremendous value. The Techstars program will provide the healthiest possible start and greatly improve the chances for success and sustainability. Once Techstars invest, Techstars is motivated to help to succeed by introducing to people who can help, assisting with strategy, finding more investors, and generally helping win all along the entrepreneurial journey. That’s a good deal for both parties.