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How much funding do TechStars companies receive?
You get $5,000 per founder, up to 3 founders. So at most, you’ll 15,000 for the summer. We think that this is plenty of money to survive for the summer and to crank out a substantial prototype so you can get to the next level. You also get a free server hosting, a nice place to work if you want to, legal services, and more. Finally, there is immeasurable value in the connections and advice that you’ll receive when you start your company with TechStars, and also in the opportunity to pitch to angel investors and venture capitalists at the end of the summer during our Investor and Demo Day.
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