NEW BRITAIN - Stanley Black & Decker and Techstars announced on Tuesday that applications are now open for the second year of the Stanley+Techstars Accelerator at Stanley Black & Decker’s Manufactory 4.0 Center in Hartford.
Ten companies across the world were given the opportunity to accelerate their businesses in 2018.
The 2019 accelerator is now looking for world-class applicants. The Stanley+Techstars Accelerator will consider startups working with sustainable packaging or additive manufacturing.
“We are working to identify the most promising companies developing solutions related to additive manufacturing or sustainable packaging that can help move the manufacturing sector forward” Claudia Reuter, managing director of the Stanley+Techstars Accelerator, said. “We are confident that we will continue to attract world-class additive manufacturing companies and Stanley Black & Decker’s commitment to sustainability, as demonstrated by their recent pledge to make all of their plastic packaging reusable, recyclable or compostable by 2025, will strengthen our search for companies working on sustainable packaging solutions.”
Last year, the accelerator focused on 3D printing companies and additive manufacturing.
“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,” Marty Guay, vice president, business development at Stanley Black & Decker, said. “We developed this accelerator program 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. We’re also proud to do this in Hartford, Connecticut, and are confident that programs like this will create a robust entrepreneurial community right here in our capital city.”
Last year, Stanley Black & Decker also partnered with governments and businesses to sign the New Plastics and Economy Global Commitment, which is an initiative of the Ellen MacArthur Foundation and United Nations Environment Programme. The goal of the Commitment is to eradicate waste and pollution caused by plastic packaging. This includes 250 signatories that represent around 20 percent of all plastic packaging produced across the globe. Stanley Black & Decker plans on making its plastic packaging reusable, recyclable or compostable by 2025. Additionally, the company aims to make its non-plastic packaging and packaging components also reusable, recyclable or compostable by 2025.
“We believe it is our responsibility as a company to help build a more sustainable world,” said Deb Geyer, Stanley Black & Decker’s vice president of environment, health & safety and corporate social responsibility. “We believe that a world without plastic pollution is possible, and we are committing to taking action to ensure we are part of that solution.”
The Stanley+Techstars Accelerator focuses in eco-friendly sustainable packaging solutions in addition to additive manufacturing.
The deadline for applications is April 7 and the program is set to start on July 15. Oct. 10 is Demo Day.
For more information about applying for the Stanley+Techstars Accelerator program, visit www.techstars.com/programs/stanley-program .