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Techstars' Global Network: Should HK Founders Apply

Techstars operates over 40 accelerator programmes globally, and HK-based founders face the choice of applying to a specific city programme versus.

10 min read

Techstars operates over 40 accelerator programmes globally, and HK-based founders face the choice of applying to a specific city programme versus a sector-focused programme. The city programmes (Techstars NYC, Techstars London) provide local investor network access that is valuable if the founder intends to build the company in that market. The sector programmes (Techstars Space, Techstars Energy) provide specialised mentorship and investor connections within a vertical that may be more valuable than the local network of a general city programme. The standard Techstars terms — US$120,000 for 6% equity — are relatively founder-friendly by US standards. The strategic advice for HK founders: apply to a programme in the city where you plan to build your primary sales and fundraising presence post-programme, not necessarily the programme closest to Hong Kong geographically.