There may be hundreds of different tech accelerators a startup can potentially join, but one of the most popular with many companies is Techstars, which has just announced an expansion of its European operations.
Although originally US-based, Techstars has operated a London program since it merged with UK-based Springboard back in 2013. This year, it’s launching in Berlin too.
From June, there will be 10 startups in the program, all of which will get access to investments up to $118,000 – $18,000 in seed funding, and an optional additional $100,000 in the form of a convertible debt note. In exchange, it takes 6 – 10 percent equity in the companies, on average.
While it’s based in Berlin and very much part of the European arm of Techstars, the organization said it will consider applications from anywhere in the world.
The program will be headed by long-time Techstars and Springboard mentor Jens Lapinski. If you want to apply to be a part of the Berlin intake, fill out this form before March 15.
Oh, and while speaking some German would likely come in handy if you plan to live in Berlin, it won’t actually be necessary for the program as it’ll be carried out in English.
Thumbnail image credit – Robert Scoble/Flickr