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UT STARTUP ECOSYSTEM
Guide to the UT/Austin Startup Ecosystem
Explore the diverse and expert network of resources at UT dedicated to empowering entrepreneurs and innovators.
Are you interested in entrepreneurship and innovation? Do you want to meet other entrepreneurial-minded students? Are you looking for mentors and resources to help you launch? Use HKC's Guide to the UT Startup Ecosystem to embed yourself into entrepreneurship and innovation on the UT campus.
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Arts and Entertainment Technologies (AET)
The Department of Arts and Entertainment Technologies in the College of Fine Arts is designed to facilitate the creation of new works and inventions that explore, expand and transform the arts and technology. The centerpiece of the program is the Bachelor of Science degree in Arts and Entertainment Technologies, an interdisciplinary major where students learn in a hands-on, project-based environment with creative technologies.
Austin Technology Incubator (ATI)
The Austin Technology Incubator is the deep tech incubator of The University of Texas at Austin working with university and community entrepreneurs to commercialize their breakthrough innovations. For over 30 years, ATI has used a customized approach to support entrepreneurs addressing the world’s most pressing problems by connecting startups with the expertise, relationships, and funding sources they need to succeed in the marketplace. ATI has also had a long-standing commitment to invest in student associates from the university. One Student One Startup is a program that bridges innovation-minded, start-up experienced students with our top deep tech startups. This program has shown proven results with students going on to work for our startups leveraging their ATI experiences to change the trajectory of their own careers. From 1989 to date, ATI has graduated over 300 member companies, contributed over $3B economic impact to Central Texas, laid the groundwork for 10 IPOs and over 50 mergers & acquisitions, and helped raise over $1.7B for their member companies over the past 12 years alone. ATI focuses on disruptive deep tech companies addressing challenges in Circular Economy, Energy, Food & AgTech, Healthcare, Mobility and Water.
The Blackstone LaunchPad powered by Techstars (LaunchPad) program at the University of Texas at Austin helps students succeed in their entrepreneurial ventures. Open to students and alumni of all majors, the LaunchPad enables participants to access one-on-one mentoring, grow their network, and access resources to accelerate the success of their businesses. The LaunchPad allows students to explore entrepreneurship at their own pace, while creating an inclusive cross-disciplinary environment that encourages students to make an impact through entrepreneurship and innovation. It also offers a Student Ambassador program which hires select students to become ambassadors to support entrepreneurship and innovation across the campus. The Blackstone LaunchPad powered by Techstars entrepreneurship program was developed as part of the Blackstone Charitable Foundation’s Entrepreneurship Initiative – a worldwide network that helps entrepreneurs succeed
Center for Creative Entrepreneurship (CCE)
The new Center for Creative Entrepreneurship has a full lineup of curricular and co-curricular offerings for creative Longhorns this year. Programming is open to students both within the College of Fine Arts and to other schools across campus.
Center for Electromechanics (CEM)
The University of Texas at Austin Center for Electromechanics is a multidisciplinary applied research lab founded in 1972. We research the design, build and test of first-of-a-kind prototypes to be applied in advanced electromechanical systems for continuous and intermittent duty applications, with extensive experience in motors and actuators. Here at the center, advanced analytical techniques are combined with design and fabrication expertise to develop proof of concept hardware prototypes. CEM program managers have worked extensively with industry and federal contracting to develop technology for real world applications. Program areas within the center include Alternative Fuel Vehicles, Oil and Gas Exploration, Rotating Machines, Electromagnetic Launch, Advanced Power Electronics, Grid Solutions, Advanced Vehicle Technologies, Gas Turbine Performance and Additive Manufacturing.
Center for Global Innovation and Entrepreneurship (CGIE)
The Center for Global Innovation and Entrepreneurship (CGIE) is UT Austin’s academic extension in Northeastern Mexico, located in greater Monterrey, Nuevo León. It is the first permanent physical presence of UT Austin outside the state of Texas and serves as a portal for the free flow of students, faculty, businesses and knowledge between Texas and Mexico. CGIE hosts a master’s program in technology commercialization, seminars, and conferences, and offers office space to house researchers and technology icubation activities.
Center for Integrated Design (CID)
CID is a campus-wide initiative within the School of Design and Creative Technologies to integrate design thinking into university curriculum. The new Pathways to Entrepreneurship initiative offers both curricular and co-curricular entrepreneurial programming in the form of 1) VIP Speaker Series to build community among creatives, 2) Topic-driven roundtables for smaller, more targeted groups. CID offers multidisciplinary classes, certificates or degrees with faculty in fine arts, business, engineering, architecture and computer science. This curriculum empowers students across disciplines to learn creative, problem-solving skill sets and embrace opportunities where arts and business converge.
Center for Sports Leadership & Innovation
Launched on Dec. 15, 2014, the Center for Sports Leadership & Innovation represents the university’s commitment to live up to its core purpose: To transform lives for the benefit of society. The mission of CSLi is to cultivate character development, leadership skills and long-term welfare of UT student-athletes. CSLi has developed four programs to empower and educate our leaders of tomorrow: Captain’s Academy is a leadership training program designed to enhance the capacity development for high school sports captains.
Dallas Morning News Innovation Endowment
The Dallas Morning News Innovation Endowment works toward innovating journalism with students. This means creating podcasts, building bots and planning community events. These projects give students the work experience they both want and need to develop stellar careers.
Design Collective is a design community at UT with the goal of fostering the next generation of designers through education, collaboration and application. Need a designer? DECO Studio can help! Logos, flyers, websites, merch, etc.
Design Institute for Health
A collaboration with the College of Fine Arts, the Design Institute for Health is a first-of-its-kind initiative dedicated to applying a creative design-based approach to the nation’s healthcare challenges — and rapidly integrating that perspective into medical education and community health programs. The institute connects people and providers with new capabilities (such as digital health technologies) and existing capabilities (such as specialized clinical centers) to better meet the needs of the community, patients, hospitals, physicians, nurses, employers and other stakeholders.
The Energy Institute fosters interdisciplinary interactions while serving as a portal fo r external audiences interested in learning more about energy research at UT. The institute leverages faculty expertise to study critical energy policy questions, and is dedicated to broadening the educational experience of students by creating a community of scholars around energy issues of importance to Texas, the nation and the world.
Entrepreneurship & Innovation Agency
Tasked by the Graduate Student Assembly, the Entrepreneurship and Innovation Agency serves as a conduit to startup collaboration, resources and education. Our chief aim is to centralize and simplify Austin’s dynamic entrepreneurial scene.
The Entrepreneurship Minor aims to empower students with the perspective, knowledge, and skills necessary to engage in entrepreneurship. This study is broadly defined to include the launch and development of new businesses as well as the growth and renewal of existing enterprises. The program will equip students with entrepreneurial thinking and talents to propel their success in a knowledge-based, innovation-driven economy and across a broad range of industries and settings.
Freshman Research Initiative (FRI)
The pioneering FRI gives more than 900 students the opportunity to dive into scientific research right from the start. These students initiate and engage in a real-world research experience with faculty and graduate students. FRI Labs are “Launch Pads for Discovery” where students explore unanswered questions in science, math and technology. FRI students engage in research in disciplines across the sciences including computer sciences, biotech, healthcare, astronomy and mathematics.
Genesis is a student-alumni partnership which provides student startups with equity-free funding to pursue their ventures.
Healthcare Innovation Initiative
Founded in 2009, the McCombs Healthcare Innovation Initiative’s goal is to create leaders who will revolutionize the business of healthcare, from technological entrepreneurship to innovative business models of healthcare delivery. The Innovation Initiative develops future leaders at every level of education. At the MBA level, we offer the MBA Healthcare Concentration and Healthcare Innovation Fellows programs in partnership with the Dell Medical School’s Texas Health Catalyst program and McCombs’ own Texas Venture Labs. We develop future leaders in healthcare practice and administration through a campus-wide, interdisciplinary undergraduate Business of Healthcare Certificate. Affiliated faculty are engaged in research projects on a wide range of topics from organ transplantation and artificial intelligence in neonatal care to developing the clinic scheduling technology for the new UT Health-Dell Medical clinics to process improvement at institutions such as the world-renowned Mayo Clinic.
Herb Kelleher Center for Entrepreneurship, Growth, and Renewal (HKC)
The mission of the Herb Kelleher Center for Entrepreneurship, Growth, and Renewal is to encourage and empower entrepreneurship through outstanding teaching, research, engagement, and experiential learning. To that end, the Center brings together university resources, leading entrepreneurs, innovative industry partners, students, and faculty from multiple disciplines and multiple colleges and universities in order to encourage engagement with entrepreneurship, educate through experiential learning, and empower the next innovators.
The IC2 Institute is a “think and do” tank that explores how innovation, creativity and capital catalyze regional economic development in Austin, across the U.S. and in >40 countries. IC2 has launched a new initiative “re-thinking entrepreneurship” to reinvigorate the social and economic futures of small cities and rural communities. To accomplish this task, IC2 supports original research in innovation and entrepreneurship by UT Austin faculty and international scholars. Further, it is sending UT undergraduate students “Home to Texas” to intern with businesses in their hometowns and conduct interviews in their communities to better understand local opportunities and challenges. The IC2 Institute continues to link cutting edge knowledge with practical programs to produce economic impact through creation of entrepreneurial ecosystems. Throughout its programs, IC2 engages students in unique hands-on research, educational and internship experiences.
It takes creativity to imagine the unknown into existence, and our community lives at the cultural intersection where innovation meets entrepreneurship. At Moody College of Communication, our goal is to develop next-generation visionaries who see the world through a different lens, who find solutions to big problems, who embrace diverse means of communication to ensure the “new” is both responsive, responsible and remarkable.
Innovation, Creativity, and Entrepreneurship Bridging Disciplines Program
The Innovation, Creativity & Entrepreneurship BDP teaches undergraduate students about the entrepreneurial, business and creative skills needed to turn ideas and talents into ventures. Through an interdisciplinary program that combines courses from Business, Communication, Engineering, Natural Sciences, Fine Arts and Liberal Arts, among others, students learn how ideas, inventions, talents and skills are developed and transformed into commercial and social ventures. At the same time, the program asks students to learn about the impact of startup culture on the entrepreneurial process and the history of innovation in the U.S. and around the world. Students in this program have access to one-on-one mentoring with experienced entrepreneurs through the Blackstone LaunchPad, and when they graduate, they earn a transcript-recognized academic certificate. With its focus on the creative process and the application of startup techniques across disciplines, this BDP can complement a wide range of majors.
Innovation, Leadership, and Discovery
Through individualized experiences in the third year, students make progress toward long-term goals and collaborate to improve health locally. A nine-month “Innovation, Leadership and Discovery” block affords Dell Med students the opportunity to complete a large, independent distinction project or dual degree. Students also continue clinical practice in primary care, family and community medicine with the option for other electives.
Institute for Media Innovation
The Institute for Media Innovation is a boutique hub for research and design located in the Moody College of Communication. IMI translates research-driven knowledge into critical and creative engagement with a media and tech world that grows more influential every day.
Intellectual Entrepreneurship Program
Intellectual Entrepreneurship Program is a campus-wide effort to create cross-disciplinary and multi-institutional collaborations designed to “advance the frontiers of knowledge” and “prepare tomorrow’s leaders” to also “serve as engines of economic and social development.” In the process, the role of a faculty member and student evolves from that of “intellectual provocateur” to becoming what might be called an “intellectual entrepreneur,” those who understand that genuine collaboration between universities and the public is tantamount to more than increased “access” to the academy’s intellectual assets. .
Jon Brumley Texas Venture Labs (JBTVL)
Jon Brumley Texas Venture Lab is a campus-wide initiative to accelerate startups in taking their innovations to market and to transform graduate students into entrepreneurs and business leaders. The JBTVL Accelerator provides an opportunity for startups to take their ventures to the next level with the unique benefit of leveraging UT Austin resources and talent. JBTVL also provides a venue for investors to engage with research and startups from The University of Texas at Austin. The JBTVL Practicum is a competitive class at McCombs that connects local startup companies with talented and entrepreneurial graduate students from the MBA, law, engineering, pharmacy and natural sciences programs. These students participate in semester-long consulting projects solving important problems alongside the company’s founders. The JBTVL Investment Competition (JBTVLIC) is designed to mimic the real-world process of raising venture capital. Graduate students present their ideas for new businesses and receive prize money and invaluable feedback from entrepreneurs and investors. JBTVL Venture Partner Program gives graduate students the opportunity to work on their startups the first year after graduation. Graduates work for John Brumley Texas Venture Labs in a full-time position and receive salaries and benefits while working on their own ventures. The mission of this program is to help launch more student-started companies out of UT.
Longhorn Entrepreneurship Agency (LEA)
The Longhorn Entrepreneurship Agency is an agency of Student Government that strives to connect, educate and support student entrepreneurs while developing and fostering an innovative startup culture on campus. LEA drives cooperative efforts on campus across disciplines and organizations through its official association with the university as well as its operation of the first on-campus co-working space for student startups, the Colab at 2609 University Avenue. From interest to ideation to support,
Longhorn Startup Seminar and Lab
The seminar is a lecture-based course in the fall semester that features prominent entrepreneurs telling the stories of how they founded their companies and answering any questions participants may have. Students pitch their own ideas to the class and participate in “speed-dating” events to meet potential co-founders and get advice from mentors. The Longhorn Startup Lab is an intensive, project-based course in the spring semester that identifies student entrepreneurs building scalable technology companies. The lab offers credit for working on startups in school. These students receive weekly one-on-one mentoring sessions with successful entrepreneurs and free co-working memberships at Austin’s Capital Factory. The semester culminates in a Demo Day where the students present their companies to the Austin community. Any UT student can register for the seminar or lab.
Mandela Washington Fellowship for Young African Leaders Initiative
Coordinated through the International Office, UT serves as a host institution for the Mandela Washington Fellowship Program, the flagship program of the U.S. Department of State’s Young African Leaders Initiative that empowers rising entrepreneurs across sub-Saharan Africa. The competitively selected fellows for this program have established records of accomplishment in promoting innovation and positive change in their organizations, institutions, communities and countries. During the six-week program on the UT campus, the 25 selected entrepreneurial fellows are immersed in academic coursework, community service, leadership development and networking opportunities across the city of Austin.
Master of Science in Technology Commercialization (MSTC)
The university’s Master of Science in Technology Commercialization is a one-year master’s program from the McCombs School focused on the intersection of business, technology, and innovation. Meeting on alternating weekends on campus and online, Texas MSTC students learn the business skills to profitably launch new innovative technology products into the marketplace, either within a corporation or a venture of their own, all without career interruption. The program is taught by top-ranked McCombs faculty, and focuses on experiential learning designed to teach the skill-set needed to compete in a global economy continuing. Launched in 1996 out of the IC2 Institute, it combines cutting-edge technology, hands-on entrepreneurship and world-class education, resulting in the creation of innovative ventures and products.
McCombs Entrepreneurship Society (ES)
McCombs’ Entrepreneur Society is an organization that brings together MBA students with a common interest in entrepreneurship. Counting 30 percent of the full-time MBA students as dues-paying members, ES is one of McCombs’ largest student organizations. It is also among the most active.
Nexus Startup Hub
Nexus is a collaboration between the American Center in New Delhi, India, and the IC² Institute to showcase the best of American and Indian entrepreneurship, innovation and technology commercialization. The Nexus Incubator offers a pre-incubation acceleration program followed by in-depth incubation for the most promising Indian startups. Nexus is also home to South Asia Connect, which offers training for entrepreneurs and entrepreneurship leaders from five South Asian nations, and Aspiring Women Entrepreneurs, which brings young women innovators from Indian universities to UT Austin for intensive technology commercialization immersion.
Office of Technology Commercialization (OTC)
The Office of Technology Commercialization (OTC) is responsible for managing intellectual property owned by The University of Texas at Austin. OTC’s team of licensing experts use their diverse professional backgrounds, unique skill sets, and personalized level of service to help university stakeholders navigate the space between what starts here and changes the world.
Portfolio in Arts and Cultural Management and Entrepreneurship
The Portfolio in Arts and Cultural Management and Entrepreneurship is a certification program that provides students with cross-disciplinary theoretical and practical training related to the management and governance of arts and cultural organizations, and/or the business dimensions of an entrepreneurial artistic career. Further goals are to promote greater interaction among students, faculty, and others working in areas related to these fields; provide increased visibility and offerings in the field on campus; and promote interaction with Austin’s cultural community. The portfolio is jointly sponsored by the College of Fine Arts and the Lyndon B. Johnson School of Public Affairs, and engages faculty from across the university.
President’s Award for Global Learning
The President’s Award for Global Learning is a bold international and interdisciplinary program that allows teams of students and faculty mentors to innovate and explore new ideas and solutions in entrepreneurship, social impact and research around the world. Award winning teams receive up to $25,000 to implement their project and fully funded summer travel. Previous award winners include a team working with local entrepreneurs in Cambodia to co-generate waste management solutions and a team in South Korea working with a university partner to develop a mental health mobile app
RGK Center for Philanthropy and Community Service (RGK)
The RGK Center for Philanthropy and Community Service Prepares the next generation of nonprofit and philanthropic leaders through graduate education and research. Research areas address pressing issues in philanthropy, nonprofit management, social entrepreneurship and global civil society. Students are trained through a university-wide graduate program in nonprofit studies and seasoned professionals advance skills and expertise through executive education tailored to their needs. The RGK Center’s collective work, ranging from graduate course offerings to international exchange programs, new books and publications, is all focused on helping the nonprofit leaders of today and tomorrow make informed and innovative contributions to the public good.
Social Innovation Initiative (SII)
The Social Innovation Initiative (SII) is a center at The McCombs School of Business that prepares students to think about social and environmental impact in any position they take after school. It also serves as a hub for community social and environmental innovation. Through courses, experiential programming, and research, the SII inspires our future leaders to create economic value for their organizations while also creating positive social and environmental impact.
Southwest NSF Innovation Corps
The Southwest I-Corps Node (SW I-Corps) advances the U.S. national innovation ecosystem as a part of the National Science Foundation I-Corps program. Through national and regional I-Corps programming, we support young scientists, leading faculty and the greater business community across the Texas and Southwest region in testing their funded research for potential commercial applications.
Student Entrepreneur Acceleration and Launch (SEAL)
SEAL is the summer accelerator of the Austin Technology Incubator. The selective 9-week program, now in its 11th year, picks the most promising startups emerging from the wide range of entrepreneurial programs at UT Austin to help them confront the next Go / No-Go decision. Each company is surrounded by Austin community and UT mentors and led by ATI and regional entrepreneurial leaders. Local alumni include Favor (acquired), Ordoro, M87, Contract Simply, Lynx Labs (acquired), Accordion Health (acquired), Disco Learning (acquired), Apptronik, EyeQ, EQO, and many others.IPOs.
Technology & Information Policy Institute
The Technology and Information Policy Institute provides world-class expertise in researching the social impact of new communications technologies and media forms like immersive media, virtual reality, social media, and digital games.
Texas Convergent was established to promote collaboration at UT through entrepreneurship. Historically, it has been the combination of students from varying backgrounds with the common goal of innovation that has driven the most creative ideas and products. Convergent aims to bridge the gap between the Computer Science department and students across the university by providing hands-on experience through collaborative projects and a community for students to launch their ideas.
Texas Enactus is a community of student, academic and business leaders committed to using the power of entrepreneurial action to transform lives and shape a better, more sustainable world. Using their unique skills and abilities, Texas Enactus participants design projects to create sustainable solutions for the city of Austin and beyond. They strive to promote and implement creative ideas, enable progress through entrepreneurial action, build strong relationships between each other and the community and share their impact at Enactus competitions.
Texas Health CoLab
Texas Health CoLab leads Dell Medical School’s product innovation and commercialization efforts. Our programs identify, assess and support the launch of promising health solutions. Texas Health CoLab welcomes the opportunity to collaborate on campus with undergraduate and graduate students, faculty and staff that are interested in health product innovation and entrepreneurship.
Texas Innovation Center (TxIC)
Texas Innovation Center is focused on providing the resources needed to transform ideas and discoveries into startup companies that successfully enter the marketplace and compete in a global economy. Stakeholders of the TxIC are the Cockrell School of Engineering, College of Natural Science, and Office of Technology Commercialization, supporting a common mission to transition university research into society for use. TxIC aims to do this through 1) commercialization support, leveraging high-quality IP to create businesses, 2) co-working space for fostering entrepreneurship, 3) wet lab facilities to advance technologies, and 4) access to connections and resources throughout industry. We collaborate with all 13 academic units across campus, working with faculty and students from diverse fields of study and social economic background. The Texas Innovation Center offers a personalized environment for faculty and students to explore entrepreneurship that include educational workshops, speaker series, coaching sessions and direct guidance for technology commercialization pathway, from ideation to market validation to fundraising. We accomplish this through: Startup-In-A-Box Resources, TxIC Friends and Mentors Network, and co-working space. A place to inspire, create, and commercialize --- The Texas Innovation Center.
Texas Inventionworks (formerly Maker Studios)
Texas Inventionworks is a program that includes state of the art facilities to prototype physical and electronic parts, components and complete devices; education in design, fabrication and innovation; and support for invention and innovation, including developing courses. Various seminars, workshops and mentorship are open to the larger university community, but use of prototyping equipment is limited to currently enrolled engineering students and to authorized multidisciplinary courses or innovation projects. The main Texas Inventionworks facility is in the center of the new engineering building (EER). It includes electronics development and testing, many types of 3D printers, laser cutting, a basic workshop and work spaces. A machine shop for working with metals is housed in the ETC building and a variety of additional capabilities are in the works. But, an experienced student and professional staff with very broad experience in designing, building and testing (almost anything) is probably most important part.
Texas Law Entrepreneurship and Community Development Clinic
The Texas Law Entrepreneurship and Community Development Clinic offers free legal assistance to Austin-area nonprofit organizations, entrepreneurs and small businesses. Our services are best suited to clients who have clear ideas about their goals and plans for their business venture or nonprofit. We make client selection decisions based on client eligibility, staffing availability and alignment with our law clinic teaching goals and the clinic setting. To qualify for our services, for-profit startups must be unable to afford outside legal assistance and have not received a significant round of outside funding or financing from investors. Non-profit startups must offer at least one program with a focus of serving low-income populations. Interested startups should submit the online application.
The Drug Dynamics Institute
The institute models, evaluates and develops therapeutically active agents with state of the art translational research tools and methods. At TherapeUTex, our goal is to aid and guide the progression of products and technologies through development by providing preclinical services, including material characterization, drug formulation and delivery, in-vitro and in-vivo preclinical and proof-of-concept studies, histological preparation, stability studies and lab-scale formulation, and production. Our scientists, collaborating with scientists from academia and industry, provide broad expertise in pharmaceutical and biotech fields with the flexibility to customize projects tailored to our clients’ needs.
The Foundry is a makerspace open to all UT students and faculty to create a venue for the generation of new ideas, research, art and inventions. The Foundry offers 3-D modeling and printing resources; an audio/video production and editing studio; an interactive game and mobile applications studio; a studio for microelectronics and animatronics; a high-tech music production studio; and a multi-faceted fiber art studio to experiment with technology-enhanced costumes and wearables. The Foundry is located on the third floor of the Fine Arts Library in Doty Fine Arts Building.
University of Texas Inventors Program (UT IP)
The Inventors Program matches teams of CNS students with industry and faculty mentors as they engage in entrepreneurship practicums. Effective team matching is done through student participation in a one-day Science Sprint event. Team practicums take place in the spring semester for course credit. The practicum experience validates hypothesis by leveraging expertise on campus, engaging in customer/payer/regulation discovery, defining clinical utility, researching intellectual property, building and testing prototypes, drafting business plans, vetting potential funders, researching clinical trial requirements, customer acquisition, conversion rates and business models, and other various tasks related to commercializing research and/or the successful launch of a business.
University of Texas Nutrition Institute (UTNI)
UTNI is a new nutrition platform for UT Austin to harness the creative energy and expertise of its students to deliver evidence-backed, consumer-focused nutrition innovation. UTNI is using the science of nutrition to improve healthcare services, inspire the creation of health-promoting products and services, and provide nutrition education to the masses. UT Austin has a wealth of knowledge in nutritional science, and the UT Nutrition Institute wants to engage the community in a conversation about how what we eat can revolutionize personal and public health. UTNI is powered by a partnership between the McCombs School of Business, The College of Natural Sciences, and the Nutritional Sciences department. Through that partnership, UTNI sponsors an independent study course focused on multimedia content production (NTR 352), a food and beverage incubator course within the entrepreneurship minor, and career development opportunities for aspiring entrepreneurs and social innovators in the better-for-you food and beverage space. .
UTech Dorm Room
The College of Pharmacy’s Drug Dynamics Institute (DDI) and Austin Technology Incubator (ATI) collaborated to establish a wet lab space to fill a growing need in Austin’s bioscience community. Wet lab space is a critical resource for life sciences entrepreneurs and small startups. The UTech Dorm Room, managed by DDI, encourages technology startups and companies to locate in Austin. Generous grants from the city of Austin and the St. David’s Foundation make possible the UTech Dorm Room, located in the College of Pharmacy’s north building.
Venture Fellows was founded in 1999 to provide McCombs School of Business MBA students with the opportunity to work with venture capital and private equity funds through internships during two semesters as a part of their curriculum. Sixteen to 18 students participate in this program each year. Venture Fellows is managed by McCombs MBA students and Department of Finance faculty associated with the Hicks Muse Tate and First Center for Finance. In addition to the internships, the Venture Fellows program includes a two-semester, weekly, in-class academic component with a curriculum that focuses on entrepreneurship, venture capital investing, corporate restructuring and reorganization and private equity investing. About 25 percent of the students who have participated in the Venture Fellows program are active in the venture capital or private equity industries today..
XLr8 Andhra Pradesh (XLr8AP)
XLr8 Andhra Pradesh Technology Business Accelerator (XLr8AP) is a a world-class global technology business accelerator located in the South Indian state of Andhra Pradesh. XLr8AP is a collaboration between the IC² Institute, the Federation of Indian Chambers of Commerce and Industry and the state government. XLr8AP opened in September, 2016, and in its first 16 months it completed the acceleration of 132 Indian startup companies in four cohorts. Companies in the XLr8AP portfolio have achieved in excess of US$3.4 million in incremental revenue, in the process creating over 1,000 employment opportunities.
Young Leaders of the Americas Initiative (YLAI)
The Young Leaders of the Americas Initiative empowers entrepreneurs and innovative civil society leaders to strengthen their capacity to launch and advance their entrepreneurial ideas and effectively contribute to social and economic development in their communities. UT serves as a host institution for the Latin American entrepreneurs that are selected for this U.S. Department of State program. The competitively selected fellows for this program spend four weeks in Austin, are placed with a host company or entrepreneurial enterprise and participate in on-campus workshops focused on business and leadership.