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The Lone Star State has one of the largest economies in the United States, and the 10th largest GDP in the world — greater than countries like Russia, Australia, and Spain. Texas is number two in the nation for manufacturing, wholesale trade, retail, construction, and transportation. They are currently the number one state for mining and quarrying services, including gas and oil extraction. With more than 48 of the world’s Fortune 500 companies stationed in Texas, it’s critical for small businesses to have some sort of presence in the state’s major cities or metroplexes.
Texas’s unique accelerators and incubator programs are perfectly adapted to help small businesses thrive, particularly near busy development parks and research centers.
Bootcamp & Pre-Accelerator, Pre-Seed Accelerator, and a Seed or Series-A Accelerator. Equity-free programs are available online and accessible via remote channels. Several million dollars worth of funding is available, with hundreds of investors located worldwide.
With a focus on minority and underserved populations, DivInc provides accelerator programs in Houston and Austin, TX. Their 12-week program typically includes one-on-one mentorship, a coworking space, and a $10,000 grant upon completion of the program. Applications are open to women and persons of color throughout the state.
Real estate tech startups have access to Rex’s unique incubator programs. Nearly a dozen different programs are available to choose from, each with their own set of unique benefits. With a large investor pool, Rex provides several opportunities for growth.
The University of Texas primarily focuses on startups in healthcare, sustainability, energy, and the food and water space. Deeptech companies have access to specialized services, including labs, studios, and more. Companies do not have to be associated with UT to apply.
Michael Seibel CEO at Y Combinator
Jason Ovryn Co-founder & COO at Carry