Techstars and Stanley Black & Decker Announce Founder Catalyst Program to Serve Diverse Founders in the Mid-Atlantic
13 Junho 2023 - 10:00AM
Business Wire
Applications are now open for the 10-week
pre-accelerator program for early-stage startups beginning in
October
Techstars, the most active pre-seed investor in the world
providing entrepreneurs access to capital, programming and
connections, and Stanley Black & Decker, a global leader in
tools and outdoor equipment, announced today the launch of
Techstars Founder Catalyst sponsored by Stanley Black & Decker.
This 10-week pre-accelerator program for early-stage startups will
address the specific needs of diverse and underrepresented founders
in the Mid-Atlantic region.
The program will provide 20 participants with entrepreneurial
education on a variety of concepts critical for startup success.
Founders will gain access to mentors from both Techstars and
Stanley Black & Decker’s network while working in a
collaborative community environment. The program will run from
October through December 2023, culminating in a final showcase
where founders will present their businesses and highlight the
development they have experienced during the program.
"Driving both innovation impact and community impact are
long-standing goals for us,” said Marty Guay, Vice President of
Business Development for Stanley Black & Decker. "Partnering
with Techstars to launch this Founder Catalyst program is an
important step toward championing those goals while fostering
diverse talent in the startup ecosystem.”
Diverse and underrepresented founders face striking challenges
in accessing resources and help for their businesses. Initiatives
like the Techstars Founder Catalyst program sponsored by Stanley
Black & Decker provide the opportunity for those founders to be
intentionally supported by a community of stakeholders that are
invested in their success.
“Techstars Founder Catalyst programs have seen great success,
having led to nearly 1,400 mentor connections, numerous product
launches, and more than $31.5 million raised by Founder Catalyst
graduates,” said Oko Davaasuren, Senior Director for Techstars.
“Stanley Black & Decker will only expand our reach and support
a more diverse and inclusive ecosystem.”
Applications are now open.The program will be delivered in a
primarily virtual, part-time format, and diverse or
underrepresented founders from all industries and backgrounds in
the Mid-Atlantic are encouraged to apply. For more information on
the Techstars Founder Catalyst program, please visit:
www.techstars.com/founder-catalyst
About Techstars
Techstars is the most active pre-seed investor in the world
having invested through its accelerators in more than 3,700
companies that have a combined market cap of over $99 billion.
Founded in 2006, Techstars believes that entrepreneurs create a
better future for everyone and great ideas can come from anywhere.
Now we are on a mission to invest in an unprecedented number of
startups per year enabling more capital to flow to more
entrepreneurs around the world. We do this by operating accelerator
programs and venture capital funds, as well as by connecting
startups, investors, corporations, and cities to help build
thriving startup communities. www.techstars.com
About Stanley Black & Decker
Headquartered in the USA, Stanley Black & Decker (NYSE: SWK)
is a worldwide leader in tools and outdoor operating manufacturing
facilities worldwide. Guided by its purpose – for those who make
the world – the company's more than 50,000 diverse and
high-performing employees produce innovative, award-winning power
tools, hand tools, storage, digital tool solutions, lifestyle
products, outdoor products, engineered fasteners and other
industrial equipment to support the world's makers, creators,
tradespeople and builders. The company's iconic brands include
DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, HUSTLER®
and TROY-BILT®. Recognized for its leadership in environmental,
social and governance (ESG), Stanley Black & Decker strives to
be a force for good in support of its communities, employees,
customers and other stakeholders. To learn more visit:
www.stanleyblackanddecker.com
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version on businesswire.com: https://www.businesswire.com/news/home/20230613486318/en/
Media Contact for Techstars: Amalia Lytle Director of
Media Relations amalia.lytle@techstars.com
Media Contact for Stanley Black & Decker: Emily Cahn
Director, Public Relations Emily.Cahn@sbdinc.com
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