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Opportunity for USA, Canada, and International Businesses
to Participate in a Business Development Program

Tel Aviv Accelerator

Agency Type:

Foundation / Corporation

Funding Source:

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Techstars

Deadline Date:

06/15/22

Description:

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Opportunity for USA, Canada, and International businesses to participate in a business development program located in Tel Aviv, Israel. Successful applicants will receive funding, business resources, networking opportunities, mentorship, and access to investment opportunities.

Techstars accelerators have one goal: to help entrepreneurs succeed. During each three-month program, Techstars surrounds companies with the best mentors and an unrivaled network of corporate partners, investors, and alumni. Techstars provides funding and fundraising opportunities, workshops and curated resources, not to mention countless moments where you can learn from your peers. It’s a proven model that’s helped build thousands of successful companies, all over the world. 

GrantWatch ID#:

GrantWatch ID#: 163065

Estimated Size of Grant:

- Techstars contributes $20,000, which is commonly used as a stipend to support living expenses during the program, and in return receives 6% equity of the company (on a fully diluted basis, issued as common stock) until the company raises a priced equity financing of US $250,000 or more (a “Qualified Financing”).
- Additionally, upon acceptance to a Techstars mentorship-driven accelerator, every company is offered an optional $100,000 convertible note.

Additional 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, 1,600 alumni companies, and over 200 staff members;
- Access to over $400k of cash equivalent hosting, accounting, and legal support—plus other credits and perks worth more than $5M;
- Demo Day exposure and other investor connections.

Term of Contract:

Accelerator Starts: Oct 10th, 2022
Demo Day: Jan 5th, 2023

Additional Eligibility Criteria:

This program focuses on helping international and Israeli startups, across all verticals, learn from one of the world's most unique and innovative ecosystems, Tel Aviv.

Techstars fund all types of startups, working in all verticals, using any type of business models. Do keep in mind, however, that their focus is on startups rather than small businesses.

Pre-Application Information:

Applications Open: Feb 22nd, 2022
Final Deadline: Jun 15th, 2022

FAQs: https://www.techstars.com/faq#accelerators

More information: https://www.techstars.com/accelerator-hub

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply online: https://www.f6s.com/tel-aviv-accelerator-2022-t5/apply

Direct questions to help@techstars.com

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

Array ( [0] => American Samoa (USA); [1] => Guam (USA); [2] => Puerto Rico (USA); [3] => Virgin Islands (USA); [4] => Northern Mariana Islands (USA); )

USA Territories: American Samoa (USA);   Guam (USA);   Puerto Rico (USA);   Virgin Islands (USA);   Northern Mariana Islands (USA);

USA Compact Free Associations: The Federated States of Micronesia (USA)   Marshall Islands (USA)   Republic of Palau (USA)

Canada: Alberta;   British Columbia;   Manitoba;   New Brunswick;   Newfoundland and Labrador;   Northwest Territories;   Nova Scotia;   Nunavut;   Ontario;   Prince Edward Island;   Quebec;   Saskatchewan;   Yukon;

Israel

International country outside of the USA, Israel and Canada.

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