Techstars Introduces Accelerator to Address Present Labor Market Challenges
Techstars Workforce Development Accelerator will support innovations to help workforce, employers
Techstars, the global platform for innovation and investment, announced the launch of the Techstars Workforce Development Accelerator. Amid the global coronavirus pandemic impact, with the potential of nearly 200 million global job losses according to the International Labour Organization (ILO), the mentorship-driven accelerator will work with startups addressing the challenges of the current labor market through innovative technologies, business models and solutions.
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The accelerator will be run in partnership with ZOMALAB, a private family office investing to catalyze bold and innovative solutions to key social and economic issues, Strada Education Network, a nonprofit organization with expertise bridging education and employment for students across the United States, and Colorado Thrives, a 501(c)(3) bringing together CEO leaders from 13 of the Colorado’s largest employers focused on advancing the state. Together, Techstars, ZOMALAB, Strada Education Network, and Colorado Thrives will bring founders from across the globe to Colorado, a hub for innovation and entrepreneurship, for an intensive, mentorship-driven 13-week program each year.
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Starting , the Techstars Workforce Development Accelerator will accept applications from global startups developing products and/or services focused on the advancement of students and a skilled and relevant workforce, with applications to the U.S. market. The accelerator aims to democratize access to high quality training, networks and jobs; enable individuals to make informed decisions about the professional pathways that best suit them; promote and increase awareness of non-degree pathways to employment; and support businesses in closing skill gaps and opportunity seekers in building professional networks. Technologies applicable to this program include but are not limited to: tools that help workers navigate the changing landscape of work, as well as platforms and financial tools supporting training, re-skilling, formal education, and building relevant connections.
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