Smarter and smarter

The Austin Tech Alliance and Capital Factory have partnered to launch a competition for startup companies interested in improving city operations in areas such as service delivery, transportation, clean energy and affordable housing. Competing companies will vie for a $100,000 investment and assistance launching in Austin, with the winner announced at the pitch and funding day on July 27. Any tech or consumer-focused startup focused on creating a smart city can apply on AngelList and will be judged based on company mission, approach for changing the city, display of abilities, and resourcefulness and ability to learn from mistakes. The winning company will receive the full investment amount, access to “A-list” entrepreneur advisers from Texas, one year of unlimited space at Capital Factory and access to its mentor network, legal company formation services, and an assortment of complimentary resources from companies affiliated with Capital Factory.