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Startup Incubators In Texas - 2024

Explore our comprehensive List Of Startup Incubators In Texas to kickstart your entrepreneurial journey with the best resources and support.

Lisa Shmulyan
Founder 101
February 15, 2024

Texas is a great place for startups, with many groups ready to help. They offer office space, feedback, and a way to meet potential partners, investors, and clients. The state has 37 key accelerators and incubators. They are vital in providing mentorship, shared workspaces, and lots of chances for networking and funding.

Capital Factory stands out in Texas, giving a $20K investment without wanting equity in return1. Jon Brumley Texas Venture Labs works with all kinds of businesses, making big changes possible1. Another major contributor is DivInc. It champions business diversity and has made 28 investments since 20161.

Texas startups get a lot of targeted support for their varying needs. For those who like to make things, 10BitWorks in San Antonio provides a space with tools like 3D printers and laser cutters2. At Baylor University, Accelerated Ventures connects startups with helpful resources and networks through its thInc Space incubator2. The state’s rich entrepreneurial scene offers many chances for investment and success. This makes Texas a top choice for starting a business in the U.S.

Key Takeaways

  • Texas hosts 37 prominent startup incubators and accelerators.
  • Capital Factory provides $20K in investment without disclosing the equity taken1.
  • Jon Brumley Texas Venture Labs offers a transformative accelerator program open to all industries1.
  • DivInc has made 28 investments in various industries since 2016, focusing on diversity in business1.
  • 10BitWorks in San Antonio supports makers with advanced tools like 3D printers and laser cutters2.
  • Accelerated Ventures at Baylor University connects startups with the local entrepreneurial ecosystem through its thInc Space incubator2.

Newchip: Empowering Startup Founders

Founded in 2016 by Ryan Rafols and Travis Brodeen, the Newchip accelerator has become key to Texas' startup scene. It offers wide-ranging support to new businesses, growing into a leading incubator that helps startups in various fields1.

Overview

Newchip has made a big impact with 403 investments in different sectors like retail and software. It's known for sparking innovation and giving startups the help they need to grow1. This accelerator is famous in Texas for its strong support network and mentorship programs3. Check out more about Austin's startup scene here.

Program Duration

The Newchip program lasts for 24 weeks, filled with essential tools and guidance for startups1. This period gives startups time to improve their business plans and get advice from experts3.

Notable Investments

With 403 funded ventures, Newchip is a major player in helping startups succeed1. Its wide investment range shows its commitment to various industries1.

Newchip is a vital ally for startup founders in Texas, offering the tools and mentorship needed for success.

Capital Factory: Texas' Entrepreneurial Hub

Founded in 2009 by Joshua Baer and Gordon Daugherty, Capital Factory has become a key part of Texas' startup scene. It has made 169 investments and celebrated 20 successful exits. This shows its huge role in the state's business growth4.

Overview

Known across the nation, Capital Factory stands at the heart of Texas’s startup world5. It aims to link Austin, Dallas/Fort Worth, Houston, and San Antonio together. This expands the influence of Texas startups4.

Program Benefits

Capital Factory runs a detailed 12-week program and offers startup mentoring. Startups get access to many resources5. They also get tech perks to lower costs and prepare for more funding5.

Success Stories

Many startups have succeeded with Capital Factory’s help. Examples include Blue Social and Trash Gurus6. Austin, where Capital Factory is based, is becoming a top place for various thriving startups. This aids job creation and the area's economy4.

Techstars Austin Accelerator: Building Companies That Matter

Since 2006, the Techstars Austin Accelerator has committed to supporting startups with big potential. It offers them mentorship, funding, and links to a wide network of industry experts. Having invested in over 100 companies, Techstars Austin focuses on creating valuable businesses. These businesses greatly influence their industries. The accelerator has made 12 significant exits, proving it's a top player in the field.

Overview

The program helps early-stage startups grow fast by giving them what they need to succeed. Startups get funding, networking, and advice from seasoned pros. This support prepares them for big moments like making successful exits or getting more funds.

Global Reach

Techstars Austin is part of a global network. This connection gives the startups worldwide exposure through global startup programs. Being part of this large network helps startups expand globally. With a combined value of over $96 billion, Techstars' impact is huge, including in Austin.

Notable Successes

Techstars Austin has helped create success stories. Companies like Alloy and ClassPass grew a lot after being part of Techstars. Their success shows how effective the accelerator is. It plays a key role in the global startup scene. Techstars Austin helps startups make a real difference.

Quake Capital Partners: Seed-Level Funding

Quake Capital Partners was set up in 2016 by Glenn Argenbright and his team. It's a standout accelerator that supports many industries, including technology and AgTech7. They're all about giving serious seed money, making a big difference in the world of tech startup acceleration and early-stage startup investment.

Their investment range is $100,000 to $150,000. In return, Quake Capital gets a 5-10% equity stake in post-SAFE terms7. This setup is great because it helps both the startup founders and Quake Capital. They've invested in diverse ventures, like BabyQuip, showing their dedication to growing new businesses.

Quake Capital does more than just give money. They provide vital mentorship to help new businesses grow. This blend of money and guidance is key to a startup's success.

Learn more about leading startupincubators and accelerators in the USA

Joining Quake Capital opens doors to many industries and markets. This is great for startups looking to stand out and succeed.

Quake Capital keeps supporting fresh startups, working with other big investors8. This teamwork boosts growth and helps startups get a firm spot in the market.

AspectDetailsInvestment Range$100,000 - $150,000Equity Stake5-10% (Post-SAFE)Founded2016Founding MembersGlenn Argenbright and teamNotable CompaniesBabyQuipTotal Investments163Exits4

Tech Wildcatters: From Seed to Series A

Founded in 2009 by Gabriella Draney and others, Tech Wildcatters has become essential in the tech startup scene in Texas. This incubator in Dallas helps tech entrepreneurs move from seed stage to getting Series A funding. It boasts over 100 investments and 13 big wins in sectors like AI, cybersecurity, and fintech9.

Overview

Tech Wildcatters is known for helping tech and tech-enabled companies grow. They provide a supportive space for Texas tech startups. Their program includes mentorship, strategic advice, and the resources needed to go from the early stage to Series A funding10. This support has helped companies like Modern and Koupon become successful.

Program Services

The services at Tech Wildcatters include up to $100K seed funding for a stake of up to 10%9. They also have a 12-week accelerator to develop business models and prepare for venture capital funding. The accelerator offers networking with industry experts, investors, and other innovators, helping startups grow.

Tech Wildcatters' support helps Texas tech startups become more scalable and ready for investment. Thanks to them, Dallas sees a 10% increase in startup formations each year. This makes Dallas a prime spot for venture capital10. Discover more about top startup accelerators in Texas, such as DivInc, Capital Factory, and MassChallenge Texas, in this guide on the best startup accelerators in Texas.

Texas Venture Labs: University of Texas at Austin

Founded in 2010 by leaders Randall Crowder and Rob Adams, Texas Venture Labs (TVL) shapes the future of entrepreneurship education. It supports a variety of businesses, including those in healthcare and IT, boasting 83 investments and 13 successful exits11.

Overview

At the heart of academic startup incubators, TVL at UT Austin stands out. It merges classroom lessons with the real business world. Focusing on bringing new technologies to market and aiding student ventures, TVL helps young businesses thrive. As a celebrated part of the Austin ecosystem, it benefits from the city's reputation as a top place for startups12.

Student Engagement

Students are the backbone of TVL. They get to dive into real projects, exploring technology commercialization and business startups. This includes doing market research and crafting business plans. Their journey at TVL enriches their educational path significantly.

Noteworthy Ventures

TVL's impact spans various industries, funding ventures like Texas Guadaloop and Seismos. These firms have grown thanks to TVL's blend of academic theory and practical business strategies. This blend proves essential for student projects and technology commercialization at UT Austin.

Sputnik ATX: Venture Capital and Acceleration

Launched in 2017, Sputnik ATX quickly became a key player in venture capital and acceleration. Founded by Joe Merrill and Oksana Malysheva, it focuses on investing in "maker-founders." It also provides powerful startup mentoring and accelerators designed for industry success.

Overview

Sputnik ATX works to connect venture capital with effective acceleration for startups. It has invested in 55 startups across various fields like FinTech, SaaS, and Health, making it vital for early-stage companies13. They also support startups in beauty, gaming, IT management, and retail. This shows their wide industry influence1. Their involvement in different industries shows their dedication to driving innovation and growth.

Funding Opportunities

Sputnik ATX excels in providing funding. Their 13-week accelerator starts with a $100,000 investment, helping startups grow14. This funding is essential for new companies to overcome early obstacles. They invest from pre-seed to Series B, aiding enterprises at different stages1. Success stories like Backtracks and Vertalo have benefitted greatly from their financial support14.

Industry Focus

Sputnik ATX favors high-growth sectors, becoming a top choice for industry-specific accelerators. Their wide investment portfolio includes FinTech, beauty, gaming, and IT management, showing their flexibility in ever-changing markets1. This approach guarantees comprehensive support, from funding to mentorship, setting up startups for long-term success in their markets.

DivInc: Championing Diversity in Startups

DivInc boosts diversity in startups, focusing on those often overlooked. Since Preston L. James co-founded it in 2016, it targets economic and social equality through entrepreneurship. With a 12-week program, they have backed 120 startups, funneling over $15 million into these ventures15.

Program Overview

DivInc's 12-week course is tailor-made for diverse founders. It offers mentorship, resources, and opportunities. These help leaders learn essential startup skills for their success. The program tackles unique challenges diverse founders face, providing insights and support for their market success16.

Impact on Underrepresented Founders

DivInc champions diverse entrepreneurship by supporting underrepresented founders. They create a nurturing environment for startups led by women, People of Color, and LGBT entrepreneurs. Their efforts, including success stories like Snowball Wealth, showcase their role in boosting startup diversity16. Moreover, they have played a part in the rise of deals for female-founded companies, from 5.6% in 2019 to 7.1% in 202317.

Program NameFoundedFunding RaisedNumber of StartupsDivInc Accelerator2016$15 Million120+

SURGE Accelerator: Focus on Regulated Industries

Since kicking off in 2011, SURGE Accelerator has zoomed in on startups in regulated spaces18. It's been a game-changer for data governance startups, sparking innovation even with tight rules19.

Overview

SURGE Accelerator stands out for its deep dive into areas like financial tech19. It delivers expert advice on compliance and data management, helping new businesses tackle tricky rules18.

Industry Focus

The focus at SURGE is on financial and wealth management services, helping startups shine and pull in investments. They back startups that mix innovation with following the rules, vital for success in these fields19.

Program Length

The program at SURGE spans months, offering deep mentorship and resources. It preps startups for a strong launch in areas like financial tech, where rules are strict18.

AspectDetailsFounded2011Number of Investments41 InvestmentsType of IndustriesFinancial Services, Wealth Management, Data GovernanceExits2 ExitsProgram FocusCompliance, Governance, Regulatory Frameworks

Health Wildcatters: Dallas’ Health Innovation Hub

Health Wildcatters is a key player in healthcare incubators. It started in 2013 to help Dallas health tech and medical device startups. It offers great programs that help startups a lot20.

Overview

Based in Dallas, Health Wildcatters has helped 109 startups since it began20. These startups have raised $250 million. This year, startups from nine countries joined, making the group diverse20. There are over 200 mentors from different fields to help21.

Focus Areas

Health Wildcatters focuses on health innovation, mainly with HealthTech and medical devices. Its aim is to boost healthcare in Dallas/Fort Worth20. For instance, Nexterra creates mobile solutions for blood-borne pathogens. Another, D&P Bioinnovations, works on stem cell treatments20. Startups like OncoSwab and MedKitDoc are also part of the group, offering unique health solutions20.

Program Benefits

The accelerator has a 12-week program, offering $30,000 for an eight percent equity. It can follow up with more investments up to $380,00021. Companies like Beam Wellness and Mind+ have benefited, gaining vital support for growth20. It gives access to mentors and resources, helping startups thrive21. This incubator provides important strategic advantages to startups.

The role of Health Wildcatters and others is highlighted on Failory. They're crucial in promoting health innovation22.

Conclusion

The Texas startup scene is booming. It's supported by strong programs that help new businesses grow. We've looked at key incubators and accelerators in Texas. These places are crucial for startups to succeed. From Newchip's in-depth investor matching to Techstars Austin Accelerator's mission to craft global companies, their support lifts startups higher23.

Capital Factory shines with its wide network of mentors and opportunities for startups to get noticed. Its achievements highlight its vital role in Texas' business community23. Entities like Tech Wildcatters and Health Wildcatters add value by giving specific help, from seed money to sector advice. This ensures a variety of startups can flourish.

Texas incubators and accelerators have shown impressive results. They focus on innovation and growing the economy. By offering detailed guidance, big investments, and tailored programs, Texas stands out as a leader in supporting startups and entrepreneurial dreams23.

FAQ

What are some prominent startup incubators in Texas?

Texas hosts 37 key accelerators and incubators. Names like Newchip, Capital Factory, and Tech Wildcatters stand out. These hubs offer everything from mentorship to funding, helping various startups grow.

What support does Newchip offer to startups?

Newchip was created in 2016 by Ryan Rafols and Travis Brodeen. It gives founders vital tools and expertise for growth and funding. Serving all industries, it has made 403 investments, offering mentorship and network access.

How does Capital Factory benefit entrepreneurs in Texas?

Since 2009, Capital Factory has offered a 12-week boot camp, mentorship, and hosting credits from big tech firms. With 169 investments and 20 exits, it's a key place for entrepreneurs, linking a community to success networks.

What distinguishes the Techstars Austin Accelerator program?

Techstars Austin started in 2006, aiming at founders who build significant companies. Known for its global network, it offers exhaustive mentorship. The program's valuation stands over $96 billion, boasting successes like Alloy and ClassPass.

What kind of startups does Quake Capital Partners focus on?

Founded in 2016, Quake Capital Partners targets diverse sectors including technology to AgTech. It supports early startups with mentorship and initial funding. To date, it has 163 investments, aiding companies like BabyQuip.

What services does Tech Wildcatters provide for tech startups?

Tech Wildcatters, started in 2009, aids tech and tech-enabled firms worldwide. It covers from mentorship to seed through Series A funding. This ensures startups move smoothly from early phases to later funding stages.

How does Texas Venture Labs (TVL) integrate with the University of Texas at Austin?

TVL started in 2010, being part of the University of Texas at Austin. It focuses on entrepreneurship education and venture aid. Working with students and startups, it has helped create successful enterprises like Texas Guadaloop and Seismos.

What does Sputnik ATX offer to early-stage startups?

Since 2017, Sputnik ATX has focused on venture capital and acceleration for 'maker-founders.' It runs a 13-week program, offering an initial $100,000 to help startups like Backtracks and Vertalo grow.

How does DivInc support diversity in the startup ecosystem?

DivInc started in 2016, championing tech startups by diverse leaders. It has nurtured over 120 startups, raising over $15 million. Its 12-week program enhances leadership skills, pushing for inclusivity.

What is the focus of SURGE Accelerator's program?

Since 2011, SURGE Accelerator has focused on regulated sector startups like finance and energy. It offers strategic data governance and compliance support. With 41 investments, it has seen significant achievements.

What areas does Health Wildcatters concentrate on in the healthcare sector?

Health Wildcatters started in 2013, supporting HealthTech and medical device startups. Through its 12-week program, it offers strategic resources, focusing on healthcare innovations. It has made 25 investments in public health technologies.

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