1871 no longer plans to launch a women-focused tech vertical as an incubator, with the delayed initiative moving forward instead as a program for women entrepreneurs.
Introduced last March as Femtech and later renamed WiSTEM, the effort was originally billed an incubator but will be “more of a program,” said 1871 COO Tom Alexander.
WiSTEM will not launch in January as expected after a missed launch date in the fall. Its board has yet to be named and won’t meet until March.