“Techstars Toronto Accelerator” is increasing the size and frequency of its cohorts. The accelerator will now run two cohorts of 12 companies annually. In so doing, it will be one of only two cities the Techstars organization has selected to launch two cohorts with the other being Tel Aviv, Israel.
Sunil Sharma, Techstars Managing Director in Toronto, said the decision to more than double the program’s capacity in Toronto was made, in part, due to “the performance of the companies that have been part of ‘Techstars Toronto’ over the last four years.” He added that the Toronto program is one of the highest performing of any Techstars accelerator in recent years.
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