Techstars has partnered with Western Union to launch its third accelerator program in the Denver/Boulder area, this time focused on fintech startups.
The program officially began accepting applications last week and will continue to do so until March 3. The accelerator program will kick off with its inaugural class in June.
This is the third mentorship-driven accelerator program for Techstars in the Denver-metro area, following Techstars Boulder Accelerator and Techstars Sustainability Accelerator in Partnership with The Nature Conservancy.
Techstars, which was founded in 2006 in Boulder, is a national network of seed stage tech accelerators.
The Western Union Accelerator Program will target entrepreneurs looking to create innovative solutions to some of the industry’s latest challenges including ML/AI, crypto and blockchain technologies.
By partnering with Western Union, the money transfer giant headquartered in Denver, entrepreneurs in the Techstars program will gain access to mentorship from a host of Western Union executives.
The program will run over three years, with 10 startups accepted into each year's class. Western Union and Techstars will invest a total of $120,000 into each startup accepted into the program.
Like all Techstars programs, the accelerator will run for 90 days and culminate with a demo day in September. Techstars receives 6 percent common stock from each company accepted to the program.
For more information and to apply to the program, click here.
