Stanley Black & Decker and Techstars, a worldwide network aimed at helping entrepreneurs succeed, have announced the opening of applications for the second year of the Stanley+Techstars Accelerator at Stanley Black & Decker’s new Manufactory 4.0 Center in Hartford, Connecticut. For 2019, the Stanley+Techstars Accelerator will consider startups working on Additive Manufacturing or sustainable packaging.
In 2018, the inaugural Stanley+Techstars Accelerator focused solely on AM companies, and ten global startups were selected to accelerate their businesses via funding and mentorship in the programme. Specific areas of interest for the 2019 Accelerator include rapid prototyping, generative design, tooling, direct digital manufacturing, layered manufacturing, additive fabrication and sustainable materials.
“Additive Manufacturing is one of the most important areas of technological transformation today and has the potential to influence the future direction of the industries in which our businesses operate,” stated Marty Guay, Vice President, Business Development at Stanley Black & Decker. “We developed this accelerator programme with Techstars to help empower these start-ups to continue challenging the status quo and look forward to providing them with the guidance and support they need to thrive and bring their ideas and technologies to fruition.”
Stanley Black & Decker currently operates more than one hundred manufacturing facilities globally, including approximately thirty-five in the US. Three of the company’s locations are designated as ‘Lighthouse Factories’ that have partially implemented Industry 4.0 across their facilities, from manufacturing execution systems (MES) to AM, virtual reality, robotics and artificial intelligence.
The deadline for applications for the Stanley+Techstars Accelerator is April 7, 2019, with the programme set to begin on July 15, 2019. More information on the programme and application process can be found here.