Techstars Launches Accelerator Program in Japan with Mitsui Fudosan and JETRO

Techstars, the world’s largest pre-seed investor, has teamed up with Mitsui Fudosan, a prominent global real estate developer based in Tokyo, and the Japan External Trade Organization (JETRO).  The trio will introduce a new accelerator program in Japan. This collaboration, known as Techstars Tokyo, aims to support early-stage companies with a global perspective, providing assistance to entrepreneurs eyeing international expansion or seeking entry into the Japanese market.

Techstars Tokyo builds upon the organization’s ecosystem development initiatives, which have historically supported entrepreneurs in their early stages through programs like Founder Catalyst and Startup Weekend. 

The Founder Catalyst pre-accelerator, conducted in collaboration with JETRO, has already benefited over 100 founders in Japan. Through a comprehensive 10-week program, participants gain crucial insights into startup fundamentals, mentorship, community building, and access to Techstars’ global network. Additionally, Startup Weekend events in Japan have engaged over 27,000 entrepreneurs and aspiring business leaders, fostering innovation and collaboration.

Mitsui Fudosan, through its venture arm 31VENTURES, is actively engaged in promoting startup innovation globally. Collaborating with JETRO, Mitsui Fudosan is actively involved in initiatives with the Cabinet Office, the Ministry of Economy, Trade and Industry (METI), and the Tokyo Metropolitan Government to attract global startup accelerators and venture capital firms to Japan. 

Mitsui Fudosan will be investing in an investment vehicle managed by Techstars, to fund startups selected for the Techstars Tokyo accelerator program. The partnership aims to assist innovative startups in their growth and to enhance the global competitiveness of Japan by strengthening connections between the Japanese startup ecosystem and the global entrepreneurial community.

The upcoming 13-week Techstars Tokyo accelerator program is designed to be hybrid, allowing founders the flexibility to participate both in-person in Denver and remotely, providing accessibility to startups globally, regardless of their stage or location. 

Entrepreneurs interested in joining the program can find more information on the Techstars Workforce Development Accelerator website. Applications for the upcoming program will be accepted until March 6, 2024. 

Established in 2006, the organization operates with a fundamental belief that entrepreneurs play a pivotal role in shaping a better future for everyone, and innovative ideas can emerge from any corner of the world. 

Techstars aims to invest in an unprecedented number of startups annually, facilitating increased capital flow to entrepreneurs worldwide. This is achieved through the operation of accelerator programs, venture capital funds, and the facilitation of connections between startups, investors, corporations, and cities. 

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