About The TechStars Adelaide Accelerator Program:
Techstars Adelaide Accelerator, our first APAC program, is based in Australia alongside companies from the defense sector: Boeing, Codan, Saab and Thales. The program supports startups building innovative applications in IoT, big data, sensors, and robotics, with the potential to commercialize technologies in the defense and security sectors. Defence research drives transformative consumer innovation—internet and GPS—and Adelaide is a forward-thinking city, building startup infrastructure.
Investment Amount & Specific Criteria:
- We fund technology oriented companies, typically web-based or other software companies, but we’ve funded companies that don’t quite fit that mold as well. We’re also looking for companies that can have national or worldwide reach. Specifically, we don’t fund biotechnology companies, restaurants, consultancies, or other local service oriented companies.
- We do require that you be primarily based on site during the program.
- Anyone from anywhere can apply, and we’ve funded many non-US companies in the past.
- While we don’t screen applications just because they have a single founder, it does make things more difficult. We look for great, balanced teams who have a full range of skills. We strongly advise you to seek co-founders who balance your skillset.