INDIANAPOLIS (DESIRE) – Jordan Wing makes a career fighting competition.
A former professional basketball player overseas, Wing returned to the state and founded two highly successful businesses, including partnering with NBA superstar Stephen Curry to run CoachUp.com, a risky-funded startup that connects athletes with private coaches.
The Boston-born native now calls Indianapolis home, leading two of the world’s most efficient startup accelerators, including Techstars Sports Accelerator Powered by Indy, which invests and develops in start-ups in sports technology.
“Techstars in a global network that helps entrepreneurs succeed,” said Wing. “We do this by running a number of acceleration programs around the world in which we invest in companies, spend three months with them, connect them with hundreds of mentors and investors, and help them prepare all their materials to raise money.”
“We help them hire, we help them understand their business strategy, and then we send them out into the world and support them for years to come.”
In just four years, more than forty global companies have been established with the support of Techstars Sports, expanding Fliegel’s investment portfolio to more than 200 start-ups.
Since mid-March this year, 13 start-ups from around the world have been living in downtown Indianapolis, working at the High Alpha headquarters with business mentors from across the city.
“The idea was how to take the sports DNA of Indianapolis and combine that with the fact that it’s an emerging technology hub, and marry it together to be the home of sports technology?” Said Wing. “If that’s the idea, what’s a better way to do it than to have a sports technology accelerator here, where we attract companies from all over the world that do sports business to start here, to raise money here and grow here? ”
With the support of the Indianapolis Colts, Indiana Pacers, Indiana Sports Corp. and the NCAA, each business is nearing completion of a fast-paced 13-week program that will culminate this Thursday, July 7, with Techstars Sports Demo Day.
This year, in addition to presenting its business plans to hundreds of investors, the country’s leading sports technology conference, One-Zero, is being held in Indianapolis, multiplying the exposure by the start-up class in 2022. Here’s more information on how to attend the summit next week.
“It’s harder to get into Techstars than Ivy League schools,” Wing said. “This is a low, single-digit percentage of companies that apply and enter. We are looking for persistent founders who are ready to put everything at stake for their company, to stick to it through all the ups and downs and try to build a big business. “
This year’s Techstars sports class is packed with next-generation ideas in fantasy sports, sports gambling, virtual tickets and the fitness industry.
For a full list of new companies, including one born here in Indianapolis, click here.
After moving to Indianapolis in 2019, Wing witnessed Hoosier’s hospitality first hand as Techstars grew.
“I have just been struck by how much they support all of our capital-investing partners who spend time with us,” Wing said. “Just yesterday, for example, we met with Pacers and they handed out T-shirts to each of our founders with the company’s name on the back of the T-shirt.
“It’s not going to happen in Boston or New York. You wouldn’t get that kind of attention as an early-stage company from huge companies like Pacers, Colts and NCAA. (CEO of High Alpha) Scott
Dorsey is somehow special, that in many ways he is the godfather in the mind of Indy tech. I work closely with him, Steve Simon, who is an active investor in addition to being a co-owner of Pacers.
“These guys really helped us (Techstars) build a great network,” said Wing.