Sony/Warner Techstars Music Accelerator Program for Music Startups (USD$120,000 Funding)

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Techstars Music Accelerator

Course(s) Offered: Startups, Music
Course Level: Entrepreneurship
Provider: Techstars companies
Country to Study in: USA (Los Angeles)

Scholarship Description
Techstars Music is a startup accelerator run by Techstars and leading companies from the global music business: Sony Music Entertainment, Warner Music Group, Harmonix Music Systems, Silva Artist Management, Bill Silva Entertainment, QPrime Management, Concord Music, Royalty Exchange, and RecoChoku. 

We invest $120k into 10 of the best music-related startups from around the world. We provide office space in LA and access to mentors and investors from the global music business.

Techstars makes entrepreneurship more accessible by providing access to capital, guidance, marketing, business development, customer acquisition, employee recruitment, and M&A opportunities.

Eligibility
Techstars fund technology oriented companies, typically web-based or other software companies, but they’ve funded companies that don’t quite fit that mold as well. They’re also looking for companies that can have national or worldwide reach. 

Specifically, they do NOT fund biotechnology companies, restaurants, consultancies, or other local service oriented companies.

Eligible groups
Citizens of ANY country of the world

Fields of study
Music startups

Number of awards
Not specified

Sponsorship duration
Three months

Scholarship benefits
A $100,000 convertible note is automatically offered to all Techstars companies upon acceptance, in addition to $20,000 in exchange for 6% common stock, plus:

• Access to Techstars resources for life
• Acceleration in the Techstars Music program with intense, hands-on mentorship from artists, executives from Techstars Music Member –
• Companies and the broad music business
• Connections to the Techstars Network of over 5,000 founders, alumni and mentors globally
• 400 perks worth over $1,000,000
• Office space in Los Angeles for the duration of the program
• Demo Day and other investor connections
• Equity Back Guarantee, the only one of its kind in the industry

Historically, Techstars companies go on to average more than $3M raised in outside capital after the program. We believe our stats speak for themselves.

Method of Application
Anyone from anywhere can apply, but you do have to be in the U.S. during the 3-month program, of course. Once accepted, we can help with legal/immigration issues by leveraging our contacts and network to help. However, we cannot help with them in advance of acceptance to Techstars. If you are interested, apply now!

It is important to read the FAQs and also to visit the official website (link to it is below) for complete information before you apply

DEADLINES:
Application deadline is October 15, 2017

PLEASE NOTE:
Techstars are entrepreneurs who think that the value of the learning, networking, and mentoring provided by the program is of tremendous value. The Techstars companies are too many to name and more great companies being added every year, but you might want to check out ClassPass, Digital Ocean, Localytics, SendGrid, Contently, Occipital, Next Big Sound, Kapost, Synack, Ginger.io, Sphero, FullContact, Simple Energy, Mocavo, GrabCAD, Kinvey, Placester, Crowdtwist, OnSwipe, Everymove, Remitly, Romotive, Cloudability, Distil Networks, DataRobot, DoubleDub, Pivotdesk, Revolv, Coachup, Pillpack, Keen.io and Plated.

Application Deadline: 15 October 2017
Open to International Applicants: Yes

More Scholarship Information and Application