Techstars, the world’s largest pre-seed investor, is teaming up with The Ohio State University to launch a groundbreaking accelerator program in Columbus. Named “Techstars Columbus Powered by The Ohio State University,” this initiative aims to drive growth in the region by investing in promising software startups and innovators. This program is a key component of the Center for Software Innovation, established with a historic $110 million gift from the Timashev Family Foundation to Ohio State.
The partnership between Techstars and Ohio State combines the university’s research expertise and entrepreneurial culture with Techstars’ proven accelerator model, which has fostered the success of thousands of companies worldwide.
Selected through a competitive process, 10-12 startups and founders from around the globe will receive funding, mentorship from software industry experts, and access to the extensive networks of both Ohio State and Techstars. The program will help these entrepreneurs refine their product, identify their core customer base, develop their market strategy, and assist in securing seed or A-round venture capital funding.
“Techstars Columbus Powered by The Ohio State University” is now accepting applications until November 29, 2023, offering early-stage entrepreneurs the opportunity to engage with Columbus’ vibrant startup community and shape the future of high-growth software solutions. This initiative aligns with the growing trend of founders choosing regional hubs, such as the Midwest, to build their companies, and Columbus is poised to become a leading destination for software innovators.
The program’s mission reflects the vision of Ratmir Timashev, an Ohio State graduate, serial entrepreneur, and former CEO of Veeam, who emphasizes the pivotal role of supportive communities in fostering entrepreneurship. It also aligns with Ohio State’s commitment to impact the innovation ecosystem in the state and contribute to economic growth in Central Ohio.