Techstars IoT Accelator in NYC open for applications

SAP, Verizon and others to mentor startups targeting the Internet of Things

Techstars IoT Accelator in NYC open for applications
Credit: Techstars

Startup supporter Techstars has announced that entrepreneurs can now apply to be part of its 15-week IoT Accelerator at the Barclays Rise facility in New York City that starts in September. Applications are due by July 10.

The mentorship-driven program will match 10 startups with Internet of Things experts from PwC, GE, Bosch, SAP and Verizon, according to Techstars. Of particular focus will be the Industrial Internet. The partner companies will offer engineering expertise, access to tech platforms and more.

MORE: 10 Internet of Things companies to watch | Most Powerful Internet of Things Companies

"We are looking for startups that are positioned to rewire the infrastructure of the future with specific emphasis on software and artificial intelligence, connected enterprise, smart cities and energy, advanced manufacturing, health and wearables, logistics and automotive, VR, AR, drones and robotics, agriculture, and the connected home," writes Jenny Fielding, managing director at Techstars, in a blog post about the IoT Accelerator.

It's not surprising that Verizon, whose investment arm is increasingly interested in enterprise IoT, would take part in this project (see "How Verizon finds IoT innovation beyond its four walls").  Daniel Chui of Verizon Ventures writes that the service provider has worked with Techstars in the past on accelerators focused in areas such as telematics and mobility.

Techstars, which includes a venture capital arm, offers accelerators in numerous cities, such as Atlanta, Berlin and Seattle.

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