Techstars, the worldwide network that helps entrepreneurs succeed, and the SportsTech founding partners Next Level Fund, Indiana Sports Corp, NCAA and Pacers Sports & Entertainment and supporting partners the Indianapolis Colts, Verizon IndyCar Series and Indianapolis Motor Speedway, are joining together to bring a new mentorship-driven accelerator program to Indianapolis: Techstars SportsTech Accelerator Powered by Indy.
The three-year accelerator program will launch at the 103rd Running of the Indianapolis 500 in May of 2019 and will support innovative startups across many sectors, stages and business models aiming to combat issues in sports technology.
The Techstars Indy team will source, select and accelerate 10 of the most-talented companies in the following potential areas: fan participation, player/driver safety, ticketing, merchandising, athlete performance management, athlete wellness, among others. The accelerator provides startup founders with mentorship from experienced entrepreneurs and industry experts, and the chance to pitch to angel investors and venture capitalists at the culmination of the 13 weeks.
The SportsTech Accelerator will have a key focus on innovation with goals to foster early identification of key trends for future technology in sport; meaningful engagement with early-stage sports tech companies; embrace technologies and business models that will impact the sports industry; and enhance a culture of internal innovation and the spirit of entrepreneurship.
Applications will open in December 2018 with the program kicking off in May 2019. Companies interested in applying are encouraged to check out the Techstars Application Toolkit.