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Nike Announces Sports Gadget Startup Accelerator

The athletic apparel maker is teaming up with TechStars to help make digital fitness devices more widespread
December 10, 2012

There’s been a rash of digital fitness devices coming out, both from established companies and startups seeking donations through crowd-funding site Kickstarter. Nike, which has been offering such gadgets for years now wants to take this trend even further by announcing the creation of the Nike+ Accelerator program with startup accelerator TechStars.

The Nike+ Accelerator plans to bring in 10 startups–all of which want to use Nike+ technology for athletic products–for a three-month-long program in Portland, Oregon (not far from Nike’s Beaverton, Oregon HQ) that starts in March and goes unil the end of June. Nike says the program will include office space, software, and the ability to connect with mentors like Foursquare co-founder Naveen Selvadurai, Nike digital sport vice president Stefan Olander, and TechStars founder and CEO David Cohen.

I’m guessing this effort will yield some good results, both because of TechStars’ size and success and Nike’s history with fitness gadgets. The original Nike+ running products, for example, came out in 2006, and since then the line has grown to include several different products that support different sports and capabilities.

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DREAM VENDING MACHINE I feed it coins and watch the spring coil back,the clunk of a vacuum-packed, foil-wrappeddream dropping into the tray. It dispenses all kinds of dreams—bad dreams, good dreams,short nightmares to stave off worse ones, recurring dreams with a teacake marshmallow center.Hardboiled caramel dreams to tuck in your cheek,a bag of orange dreams…

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