Boulder, Colo. (PRWEB) August 04, 2011
TechStars, recently recognized as the No. 1 technology accelerator, graduated 12 start-ups in the fifth year of the program’s Boulder session. The class of 2011 includes a variety of founders ranging from industry veterans to college graduates – and even one high school student – making it one of the most diverse programs in TechStars history.
TechStars companies presenting at the 2011 Boulder Demo Day are:
“Every summer, we witness a miracle in Boulder. These companies grow so much during their time in the program - it's always amazing to watch,” said Nicole Glaros, managing director of the Boulder TechStars program. “The mentors accelerate these businesses in ways that seem impossible for such a short amount of time. Demo day is their chance to show that off.”
"In just 13 short weeks, the teams have demonstrated an impressive ability to execute in the marketplace and with their products. The TechStars mentors, the alumni and the overall Boulder community really rallied behind these teams to get them to where they are today,” said David Cohen, founder and CEO of TechStars. “It's a group effort, and on Demo Day, we can all be proud of their accomplishments."
TechStars’ New York City Summer Session will conclude in October, and the Seattle program will begin on August 8. In 2011, TechStars received more than 3,000 applications for approximately 50 positions, making TechStars harder to get into than Harvard or Yale with an acceptance rate of approximately 1.50 percent.
TechStars (http://www.techstars.org) is an elite mentorship-driven start-up accelerator, recently recognized as the No. 1 accelerator program. Founded in 2006, the TechStars philosophy focuses on deep mentorship, and surrounding a small number of companies with highly engaged members of the entrepreneurial ecosystem to coach and support them to success. The TechStars community currently includes more than 300 mentors, more than 1,000 investors, and 78 alumni TechStars companies. TechStars currently operates five programs each year: Boulder, Boston, Seattle, New York (winter) and New York (summer). TechStars is funded by more than 50 venture capital firms, and more than 25 angel investors. Information on applying to TechStars can be found at http://www.techstars.org/apply.