Austin Technology Incubator Recaps Successful First Formal Year of Landing Pad Program
23rd January 2012 · 0 Comments
The Austin Technology Incubator (ATI), a not-for-profit part of the IC2 Institute of The University of Texas at Austin (UT), today recapped a very successful first formal year of its Landing Pad Program. The Landing Pad Program supports early stage technology companies by leveraging ATI’s network and community insight to accelerate that company’s acculturation into the Austin business ecosystem. While the program has been in place loosely in the past, in its first formal year in 2011, ATI supported 13 companies in their moves to Austin, including: Amatra, BlackLocus, Convergence Wireless, Digital Harmony Games, Drivve, DXUp Close, SceneTap, Social Muse, Tactical Information Systems and V-Chain Solutions. Additionally, serial entrepreneur Ben Dyer moved to Austin from Atlanta with TechDrawl, and he has since helped launch and relocate two new startups: NightRaft and BeHome247.
“We are so proud of the business environment that exists in Austin, all the right ingredients for success, but via a supportive, community approach. So it goes without saying, we always want to recruit companies from elsewhere to come experience what Austin is all about,” said Robert Reeves, ATI’s Director of IT and Wireless. “The Landing Pad Program formalizes a twenty plus year “welcoming” effort, and we couldn’t be more pleased with the 13 companies who became part of the Austin ecosystem in 2011.”
The Austin Technology Incubator’s Landing Pad Program is designed to accelerate the acculturation of a company into the Austin ecosystem. It serves companies relocating to Austin or establishing its North American headquarters in the city. Participants tend to be “early stage” high technology companies in the biosciences, clean energy, wireless and IT industries and are not appropriate for the incentive packages targeted for the Fortune 1000.
The criteria to participate in the Landing Pad Program consists of a company that it is in one of ATI’s areas of focus, new to the Austin community, can become self-sustaining in six months or less, and demonstrates a long-term commitment to the Austin ecosystem. To apply to the program, companies are invited to complete an application at http://ati.utexas.edu/entrepreneurs/apply/application and are asked to select the Landing Pad Program at the appropriate stage. Invitation to participate in the program is selective. Cost to participate in the program may include membership fees, equity and space rental as appropriate. For more information, call 512-305-0000.
View the full release at http://www.prweb.com/releases/2012/1/prweb9120691.htm.
Contact:
Laura Beck for ATI
512-786-1098
Tags: all ati, amatra, behome247, ben dyer, clean-energy, convergence wireless, employee, entrepreneur, techdrawl, wireless
