Coinciding with another Elite article – Why Entrepreneurship the only option – we have assembled a list of institutions and events that will accelerate your startup even further. These accelerators and incubators are the equivalent of an MBA for an ambitious entrepreneur. Picking the best incubator, however, is dependent on what region of the country you live in.
This series on the best incubators and accelators for entrepreneurs is divided into four articles: New York, California, North, and South. Today, this article covers the startup ecosystem within New York. Without further delay, here is a list of the best events and groups to join as an entrepreneur aspiring for success in the greatest city on Earth:
General Assembly produces multiple special events to spark conversation, put forth new ideas, and hear from experts and luminaries on a variety of topics. Their events range in size and scope—from hackathons that reinvent the music industry, to conferences on venture capital fundraising to lectures and panels on the future of the Internet.
Founded in 2007, TechStars has grown to five cities, but they prefer to keep batches small, so as to give each startup extra attention. It has broader impact by helping other incubators. They have selection rates lower than the Ivy League, so you have to be among the best of the best to be in TechStars.
They invest $118K in seed funding in each company selected. TechStars itself is backed by over 75 different venture capital firms and angel investors who are vested in their success. TechStars also provides three months of intensive top-notch mentorship, incredible perks, and the chance to pitch to angel investors and venture capitalists at the end of the program. On average, startup companies usually obtain an additional $1M in outside venture capital funding after leaving TechStars.
Their mission is simple: to help great people with great ideas build great companies. They fulfill the need for a community of fellow entrepreneurs to share ideas and inspiration, technologists to join their team, ,entors and coaches who have struggled on their way to a big success, legal and accounting services that do not cost precious cash, and opportunities to meet and pitch to angel investors and venture capitalists.
They provide a seed investment of $25,000, one-on-one coaching, lectures from Fortune 500 CEOs, and other resources to prepare you for "Demo Day": when you debut your product to a crowd of investors, publicists, writers, and consumers.
NYC SeedStart Media is a 12-week summer program designed to provide seed funding to technology companies to build a product and launch their company. SeedStart is interested in companies focusing on advertising infrastructure, e-commerce, digital content, and mobile technology. Companies will work with an incredible network of mentors, professionals, and experienced technology entrepreneurs. Venture Capital Partners include Contour Venture Partners, Comcast Ventures/Genacast Ventures, NYC Seed, Polaris Venture Partners, RRE Ventures.
Get $25,000 in seed investments, 3 months of free collaborative office space in the heart of NYC, access to 200+ amazing mentors from the NYC startup community, and one-on-one hands on support ranging from legal advice to advice from the partners.
ER strives for this goal through networking and pitching events, introductions, mentoring, training and creating healthy startup ecosystems. "
Our operating partners and mentors are here to help answer the tactical and strategic problems your startup faces on a daily basis. We sit with you, listen to your questions and challenges and help you address them and create strategic plans going forward."
This week starting on May 21st, TechCrunch will be bringing big names to the Disrupt stage and reveal an all new slate of outstanding startups to the Battlefield competition to crown this year's winner. This is a great platform to get your startup some serious exposure.