- Startup accelerator Techstars recently announced the launch of the Techstars Future of Longevity Accelerator in partnership with Pivotal Ventures
Startup accelerator Techstars recently announced the launch of the Techstars Future of Longevity Accelerator. The new accelerator is going to be run in partnership with Pivotal Ventures, an investment and incubation company launched by Melinda Gates. This new accelerator will work with startups focused on innovative and creative caregiving solutions for addressing the unmet needs of individuals providing and receiving elder care.
The 13-week Techstars Future of Longevity Accelerator program will be based out of Washington, D.C. and it will accept 10 startups on an annual basis. This program will help the startups gain traction and accelerate their businesses through investment, hands-on mentorship, and high-quality programming.
Plus the startups will also benefit from access to Techstars’ network of mentors, investors, founders, corporates, and government entities along with subject matter experts and thought leaders from Pivotal Ventures’ network — who will provide industry and business expertise.
“With generations living longer than ever before, there is an incredible opportunity for innovation within the caregiving space. This market is experiencing unprecedented economic growth as the American 50+ population is already responsible for trillions of dollars of spending and economic activity,” said Keith Camhi, Senior VP, Accelerators at Techstars. “There could not be a better time to bring an accelerator focused on innovation in this sector to market. We are thrilled to be working with Pivotal Ventures to help startups achieve success in delivering new life-changing and impactful solutions to meet the needs of our aging population.”
Launched in 2015 by Melinda Gates, Pivotal Ventures is known for advancing social progress in the U.S. And it seeks to help nurture innovation in the caregiving marketplace through this accelerator and partnership with Techstars.
The applications for the Techstars Future of Longevity Accelerator are now open and it will run through April 5, 2020. And the accelerator is going to run July 13, 2020 through October 8, 2020. This will culminate in a Demo Day where all participating companies will pitch their newly polished business models to investors and industry leaders.