Generation Think Tank

TechStars, a Y Combinator like startup incubator that supplies seed financing and guidance, just opened its doors for 2009 applications. They will be selecting 10 startup teams to join them over the summer in Boulder, Colorado. Adam Sachs, Co-Founder of Ignighter and TechStars '08 Alum, said they received over 400 applicants last year. That number will probably increase this year since these types of incubators have been growing in popularity. Y Combinator has already seed funded over 100 startups over the past 3-4 years. There are many copy cats, too, such as SeedCamp, YEurope, Summer@Highland, LaunchBox, DreamIt Ventures, Bootup Labs, and BoostPhase to name a few. Continue Reading...