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Organization:Techstars

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= [[File:techstars]][[File:techstars]]Overview =
'''[[Techstars.com|TechStars]]''' is a global network that is designed to help entrepreneurs succeed. Their primary tool to help entrepreneurs succeed is their startup accelerator. They choose 300 companies per year, invest $120k, and connect them with mentors to support their startups. Their accelerator success rates are incredible. According to their website (as of 1/9/2017), they have supported 1274 companies, with 90% of them either active or acquired. Through their accelerator, they have raised over $4.4B, creating a market capitalization of the companies of over $11.4B.
Finally, Techstars has corporate and network sponsorships that help connect the startup community to companies and influential mentors across the world. Techstars allows for companies to cultivate new startup accelerators. They highlight that this program can also help source fresh ideas through mergers and acquisitions (M&A). 
 
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= Purpose =
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