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Techstars Launches New Accelerator Program in Japan

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Techstars, a NYC-based pre-seed investor, Mitsui Fudosan, a global real estate developer headquartered in Tokyo, and the Japan External Trade Organization (JETRO), are partnering to bring a new accelerator program to Japan.

Techstars Tokyo will select 12 early-stage startups for its inaugural program, which will invest in companies across a range of industries, with a focus on Japanese-based startups as well as global startups that are looking to expand into the Japanese market.

Selected startups will come to Tokyo, receive access to funding, training and mentorship over the course of the 13-week program, which will be held at Innovation Field Yaesu at Tokyo Midtown Yaesu.

Applications for the program are now being accepted through March 27, 2024. Startups interested in applying should visit Techstars Tokyo to learn more.

While Techstars Tokyo is Techstars’ first equity-based accelerator in Japan, it builds on Techstars’ ecosystem development work which has supported entrepreneurs at the earliest stages through Founder Catalyst and Startup Weekend. More than 100 founders in Japan have participated in the Founder Catalyst pre-accelerator program in partnership with JETRO, gaining essential startup education, mentorship, community-building skills, and access to Techstars’ global network over the course of a 10-week intensive program. Further, over 27,000 entrepreneurs and aspiring entrepreneurs have participated in Startup Weekend events in Japan.

Mitsui Fudosan supports startup innovation through its corporate venture arm, 31Ventures, by engaging global startups to provide funding, develop workspaces, and connect startup and mentor communities.

JETRO, the Japan External Trade Organization, has helped thousands of Japanese startups scale globally since 2013. In collaboration with the Cabinet Office, the Ministry of Economy, Trade and Industry (METI), and the Tokyo Metropolitan Government, it has driven efforts to bring global startup accelerators and venture capital funds to Japan.

VCWire

12/12/2023