Techstars Cloud is back at it again.
The fall program, which kicks off Nov. 2nd and runs until Feb. 11th with a two week break for the holidays, is now soliciting applications.
This is the second Techstars Cloud program for 2015. The first one ended in April with ten companies pitching at Demo Day.
“This program will be the fourth Techstars Cloud program, and my second as Managing Director,” Blake Yeager wrote in a blog post.
The Techstars Cloud program provides each startup with $18,000 in funding for a 6 percent stake in the company and access to $100,000 convertible note, a loan that converts to equity and can make the equity stake higher. The startups also get mentorship and assistant from a variety of technology experts and companies.
Techstars Cloud is having an informational session about the program this Wednesday at the Geekdom events center in San Antonio starting at 6 p.m.