Accelerators and incubators are a great way to grow your business and connect with investors. Accelerators often have a specific focus or expertise, such as tech startups or healthcare, while incubators offer more general support for all types of businesses. There are many accelerators in Texas that can help you start your entrepreneurial journey.
1. nth adventure
The Nth Venture is a startup accelerator and incubator based in Dallas, Texas. They provide funding, office space, mentorship, and other resources to startups.
The program lasts three months and consists of four different stages: the initial application process (a pitching game), the on-site interview phase (if any applicants), the training phase during which participants learn on Product Development, Software Development Life Cycle Process (SDLC), Marketing Strategies for Startups and more; Then there is finally an incubation phase where companies can receive up to ,000 investment from the nth Venture at 7% equity.
2.Rex
REX is a non-profit organization that provides resources and mentorship for entrepreneurs. They have a startup accelerator, which helps you get your business started, but they also have other programs to help you grow your business. Rex focuses on helping founders and minority women entrepreneurs.
For example, one of their programs is called LaunchPad Accelerator for Women, and it’s an 8-week program that focuses on supporting female founders with ideas for socially impactful businesses.
Another program that Rex offers is their Entrepreneurship for All Programs which aims to help minority entrepreneurs build sustainable businesses in Texas.
3. Stratos Technologies
Stratos Technologies is a startup accelerator and co-working space in Austin, Texas. They provide funding, mentorship, and workspace for early-stage tech companies. Stratos was founded in 2015 and has invested in over 100 companies.
Stratos provides funding/capital through their incubator program which accepts up to 15 companies per year for 3 months at a time for the duration of the program. Each company receives ,000 in seed funds as well as access to other services provided by Stratos, including office space, networking opportunities with investors, mentoring, support from onsite technical experts in the installation of the incubator (24/7), legal adviser; marketing support; Web design and development resources; prototyping equipment (3D printing); etc…
4. Poor Labs
Mediocre Laboratories is a startup accelerator based in Dallas, Texas. The program is designed for companies that have already raised funding and are ready to enter the next phase of development.
The program lasts 13 weeks, with on-site classes held at least once a month. Courses cover topics such as product management, legal issues, and fundraising. In addition to these classes, there are also mentorship opportunities with investors or other successful entrepreneurs who have already had similar experiences.
Upon completion of the program, you will receive ,000 in seed funding plus support from mentors and advisors for up to 2 years after graduation from Mediocre Laboratories (depending on business type). Plus, there are monthly pitch nights where attendees can pitch their ideas to investors or other professionals looking for new investment opportunities in their industry niche – so if your business isn’t is not quite ready yet but has the potential, this could still be an option depending on how well it is received by other attendees at these events!
5. My Campus Concierge Inc.
My Campus Concierge Inc. is a Houston-based startup that helps colleges and universities launch tech startups. The company offers partnered institutions a range of services, from strategic advice and mentoring to seed funding and offices. My Campus Concierge works with over 100 schools across the country, including Duke University, Harvard University, and Princeton University.
My Campus Concierge offers startups access to networks of industry experts through its partner network, including Amazon Web Services (AWS), Dell Technologies Capital (DTC), IBM Watson Health, and Microsoft Ventures among others. Companies that have participated in the My Campus Concierge Accelerator Program include Biodiversity Pharmaceuticals Inc., Cvent Inc., Goodr LLC, and Sixpoint Sound Therapy LLC
6. Bikes
Velois is an Austin, Texas-based venture capital fund and accelerator that has invested in over 100 companies. The company’s portfolio includes startups like Confluenster (acquired by Nielsen), Sticker Mule and Cimpress.
Velocis was founded in 2012 with the goal of accelerating the growth of its portfolio companies by providing them with financing, expertise and advice from seasoned executives. The company has partnered with accelerators such as Plug & Play Tech Center, Techstars, and Dreamit Ventures to help customers get started quickly.
7. Tech Ranch Austin
Tech Ranch is a technology accelerator that helps startups grow their business. Tech Ranch Austin is located in Austin, TX and offers startups the opportunity to grow their business by giving them access to mentorship and capital, along with many other benefits.
The Tech Ranch program lasts 6 months and consists of 3 phases:
- Phase 1: Acceleration – Startups get hands-on help from industry experts and investors on how to build a strong foundation for their business
- Phase 2: Investment – Leading performers in Phase 1 have the opportunity to initiate funding during Demo Day at SXSW 2019
- Phase 3: Networking & Alumni Support – After graduating from the program, participants are connected to other alumni and our network of industry experts to continue to grow their businesses after graduation
8. The Cannon Community
The Cannon Community is a startup accelerator and co-working space that provides mentorship and resources for startups. The Cannon Community was founded in 2013 by entrepreneur Dan Tully, who previously co-founded the Texas Venture Labs (TVL) incubator. The Cannon community has since grown into one of Austin’s largest accelerators with more than 200 companies completing its program, including Thrive Global and Plaid Social Labs.
The accelerator is headquartered at 115 Congress Avenue in downtown Austin, but recently expanded its presence by opening another location in San Francisco called Cannon West Coast Labs. Although both locations offer accelerator programs for early-stage startups, only the Austin location offers office space for workgroups and individual entrepreneurs who wish to use the facilities during their stay as part of their membership package.
Conclusion
In conclusion, it’s clear that Texas has the potential to become a top player in the tech industry, but only if it nurtures and supports local startup initiatives. There are many incubators and accelerators across the state, so we encourage you to explore them all before making a decision on which will be the best fit for your business.