Techstars And Target Are Launching a Germany/US Based Accelerator for Retail Startups
Target Retail Accelerator and Techstars are teaming up for another year to help startup companies in retail. The program is usually US based, but this year it’s going international.
Target will be working with METRO, a Germany-based wholesale company, to conduct a 14-week program for founders abroad.
Each startup in the program receives $120,000 and will split time between Germany and Minneapolis. Target and METRO are sharing the cost of the investments for the companies.
The first three weeks of the program will take place in Berlin and the following three weeks will be in Minneapolis. Founders can choose which location to work from for the remaining weeks of the accelerator. The program is from May until August and application are due February 24.
For more on how to apply check out the application here.