
Techstars is a 90-day program that provides seed capital and mentorship for Internet startups. The program offers up to $18,000 in seed funding as well as "the chance to pitch to angel investors and venture capitalists at the end of the program", according to the website. From what we've seen, the program has quite the success rate, with nearly 70% of companies coming out of Techstars raising outside funding or becoming profitable on their own.
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