Techstars, an investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, announced that applications for its accelerator powered by Samvid Ventures have recently opened.
This program aims to work closely with the most motivated and talented entrepreneurs designing solutions that advance economic mobility for low- and moderate-income Americans through smart and inclusive technology in areas including education, financial literacy, banking, job training, and accessing benefits.
Techstars is seeking companies focused serving low- and moderate-income Americans through the following areas:
- Technical and skill-based education solutions, including AI-enabled personalized learning, workforce development, and market-responsive technologies that future-proof talent
- Financial inclusion solutions, including financial literacy and security, and tools that improve the accessibility and usability of public and private benefits
- Economic resilience solutions supporting those navigating transitions such as job changes, post incarceration, and changes in mental and physical health
The program, which operates from Sept. 11, 2023 to Dec. 7, 2023, will run from Samvid Ventures’ accelerator space in New York City, which has been purpose-built for class collaboration. It is open to founders from anywhere; however they will live and work in New York City during the 13 weeks.
Applications are due no later than June 7, 2023.
Each of the 12 companies admitted into The Techstars Economic Mobility Accelerator will benefit from Techstars’ proven model that provides funding and fundraising opportunities, workshops and curated resources, as well as mentors and access to an unrivaled network of partners, investors, and alumni. Once the program is complete, the cohort will have lifetime access to the Techstars global network of more than 3,300 other startups. Samvid Ventures will provide additional learning and coaching, including resources on social enterprise revenue models and non-dilutive fundraising.
FinSMEs
03/04/2023