Newsletter Signup
The Austin Monitor thanks its sponsors. Become one.
Most Popular Stories
- For the first time in 20 years, more people are leaving Travis County than moving in
- Austin’s giant troll is finally finished. Here’s where you can find her.
- Travis County approves ambitious ‘Marshall Plan’ for northeast planning district
- Environmental commissioners air concerns about waterfront district plan
- Council hears plan for another South Congress PUD
-
Discover News By District
International entrepreneur incubation program comes to Austin
Wednesday, June 8, 2016 by Kayleigh Hughes
The city’s Economic Development Department has teamed up with self-described “center of gravity for entrepreneurs” Capital Factory to create a new one-year pilot program with the intention of nurturing expanding tech startups and connecting them to international and U.S. markets. The Austin Reciprocal Soft Landing Pads Program targets 20 international cities and seven market sectors, and applications have already started rolling in. The initial fund for the pilot program is limited to $45,000, which the organizations say should help support “six to eight companies for a period of three to six months each with office space, membership and/or deeper advisory services.” If the program is successful, it plans to expand to include more target cities and more slots for entrepreneurs. For more information, visit the websites of the Economic Development Department and Capital Factory.
Join Your Friends and Neighbors
We're a nonprofit news organization, and we put our service to you above all else. That will never change. But public-service journalism requires community support from readers like you. Will you join your friends and neighbors to support our work and mission?