Techstars Miami

Techstars Miami is an accelerator program that supports early-stage startups with mentorship and funding opportunities. The program focuses on providing equitable access to funding and support, with a particular emphasis on attracting Black, Hispanic and Latino, Indigenous American, and Pacific Islander entrepreneurs. Techstars Miami operates in partnership with J.P. Morgan, aiming to accelerate founders' efforts in finding product-market fit, fundraising, and recruiting.

The accelerator program spans three months and is divided into three phases: mentorship, growth, and investment. Each company accepted into Techstars receives $220,000 in funding in exchange for 6% common stock. Participants also gain access to the Techstars network and receive benefits valued at over $5 million, which include $100,000 in AWS credits. The program admits approximately 1-2% of applicants, typically selecting 12 companies per cohort. Admission is determined by the program’s Managing Director, along with a screening committee consisting of members from the Techstars network.

Since its inception, Techstars Miami has supported a diverse range of startups across various industries, including fintech, proptech, healthcare, SaaS, e-commerce, blockchain, aerospace, and edtech. The program has been instrumental in helping these companies scale and succeed by providing them with access to capital, mentorship, and a vast network of resources. The success of Techstars Miami reflects the growing importance of Miami as a hub for innovation and entrepreneurship, contributing significantly to the city's thriving startup ecosystem.