Wednesday
October 18
2017

Techstars launches an impact accelerator for companies focused on social and environmental impact

Techstars has launched a new accelerator in Austin focused on the increasingly popular category of “impact” technologies.

In a blog post, the international accelerator network’s newest managing director, Zoe Schlag said that the new accelerator will back “for-profit, mission-driven founders building technologies to solve our most pressing social and environmental needs.”

The Austin-based accelerator will begin accepting applications in December 2017 for a June 2018 launch.

The new accelerator has managed to lock in some pretty interesting backers including Morgan Stanley Investment Management’s AIP Private Markets Team, the Impact America Fund, and RetailMeNot, chief executive, Cotter Cunningham.

Photo courtesy of Pavel Ahmed.

Source: TechCrunch (link opens in a new window)

Categories
Entrepreneurship, Technology
Tags
accelerator, ESGs, social business, social enterprise, social entrepreneurship, social impact, technology