- Haven't raised funding of $250,000 or more and haven't generated revenue of more than $250,000 in a single year.
- Have a live, usable public site or an accessible demo on their home page
- Have not already been in the TechStars program - this is not for TechStars companies or alumni companies
- Must be an internet, software, or hi-tech company
TechStars is organizing a Startup Madness competition for startups. And the criteria above, looks like a good criteria to consider an active, fundable early stage startup.