TechStars, the popular startup accelerator with locations in Boston, Boulder, Chicago, New York City, Seattle, London, now opens in Austin, TX.
TechStars Austin, which will operate from the Capital Factory, will launch its first program this August.
According to founder David Cohen (read his announcement post here), people involved include Brett Hurt (Bazaarvoice), Tom Ball and Mike Dodd (Austin Ventures), Sam Decker (Mass Relevance), Jeff Dachis (Dachis Group), Kip McClanahan and Morgan Flager (Silverton), Josh Baer and Bill Boebel (Capital Factory), Ned Hill and Aziz Gilani (Mercury Fund), Rony Kahan (Indeed), Rob Taylor (Black Locus), and Lori Knowlton (HomeAway).
TechStars Austin, which is led by Managing Director Jason Seats, is currently accepting applications (read here).
As the other TechStars programs, it offers a three month program, $18K in seed funding and an optional $100K convertible debt note, mentorship, perks, as well as the opportunity to pitch to angel investors and venture capitalists in a demo day at the end of the program.