VentureBeat for TechStars
June 16, 2015
Techstars, the popular for-profit incubator and investment fund, has acquired Up Global, the nonprofit organization that hosts Startup Weekend.
The merger makes sense, since Startup Weekend brings aspiring entrepreneurs together for an intense, 54-hour experience in creating a company, while Techstars provides a three-month course designed to get those aspiring entrepreneurs to turn their ideas into going concerns. While the former is heavy on inspiration and excitement, the latter provides some cash and more concrete, practical help in getting startups off the ground.