TechStars: Summer Camp for Start-ups
Some of my favorite work here at Viget is with our start-up clients. Entrepreneurs often ask for tips on launching a web business and, for those with little more than just a good idea, here's one: apply to be a TechStar. TechStars will select 10 start-ups to spend the summer in Boulder, Colorado working on their businesses. You'll get enough funding to cover your summer expenses ($5K/founder); but, more importantly, you'll attend about 3 events per week, learning from an impressive list of mentors. You'll give up 5% of your company. If David, Brad and the gang manage to entice the right kind of people, I expect the most valuable part of the whole experience will be working alongside other entrepreneurs going through the same things at the same time. The most enjoyable thing, though, will be being in Boulder. I lived there briefly right before we started Viget here in Virginia back in 1999, and it's a great place to be. It's exciting to see so much entrepreneurial buzz out there again. I smell a business trip ... For more, check out www.techstars.org, Executive Director David Cohen's announcement here, fellow founder Brad Feld's post here, and recent TechCrunch coverage here. The application deadline is March 31, so hurry up.