Ernst & Young, a US-based accounting firm, has partnered with accelerator Techstars to find startups.
EY Foundry, the firm’s internal corporate venturing unit, said Techstars would find startups in eight areas, such as tax, legal tech, human resources, compliance and technology, to launch pilots, establish alliances and explore acquisitions.
Chirag Patel, EY Foundry Leader, said: “This collaboration will strengthen EY Foundry’s already strong presence in the startup and venture capital markets, while the broad corporate EY client base and distinguished subject matter resources will add value to Techstars’ growing network.”
Laura Kennedy, senior vice-president for business and corporate development at Techstars, added: “Our job is to provide our portfolio companies with the resources they need to be successful. Collaboration drives innovation, and we are excited to add the EY network to the Techstars ecosystem.”
