Category: Austin Technology Incubator
There's a new group to know in Austin's fight against Covid-19
On July 29, 2020 By Earle HagerIn Austin Technology Incubator, Company Leadership, Technology Assessments, Technology Marketing, TEXGHS, University Technology CommercializationLeave a comment
The Neutrino Donut, LLC is a founding member of this group.
https://www.bizjournals.com/austin/news/2020/07/28/texas-global-health-security-innovation-consortium.html
By Mike Cronin – Staff Writer, Austin Business JournalJul 28, 2020, 2:36pm CDT Updated Jul 28, 2020, 2:46pm CDT
Several academic, public-sector and private-sector organizations in Austin and beyond have banded together to fight the current Covid-19 pandemic — and future pandemics.
The Texas Global Health Security Innovation Consortium boasts more than 50 initial members, including the Greater Austin Chamber of Commerce, Dell Medical School, Capital City Innovation, DivInc, the Harte Research Institute, Tech Ranch Austin and the Texas Advanced Computing Center. The Austin Technology Incubator, part of the the University of Texas at Austin, organized the consortium.
The consortium, called TEXGHS for short, seeks to cultivate global health security, which it defines as "a state of freedom from the scourge of infectious disease, irrespective of origin or source."
It "is compiling a database of companies, researchers, and individuals interested in developing their innovative approaches to achieving health security," according to its website, and aims to be a resource to develop new technologies and adapt existing technologies to fight pandemics.
More member organizations are wanted and TEXGHS is looking for "startup companies interested in receiving support to commercialize solutions at the interface of health security and technology," according to an announcement.
PandemicTech, an Austin-based organization that serves as a global incubator of ideas to fight infectious diseases, provided $20,000 in seed funding to ATI to start TEXGHS.
The consortium is headed up by Lisa McDonald, director of health care at ATI and a co-founder of PandemicTech.
The Neutrino Donut – Training Seminar – Austin Technology Incubator – SEAL Accelerator – SBIR / STTR & Other Non-Dilutive Funding
On July 6, 2020 By Earle HagerIn Austin Technology Incubator, Business Development, Company Leadership, Events, Global Technology Projects, SBIR, Technology Assessments, Technology Marketing, University Technology CommercializationLeave a comment
The Neutrino Donut will be conducting a training seminar on grant programs, fund raising, and planning for the Austin Technology Incubator SEAL program. This program will be delivered online on 9 July 2020.
SEAL's core value is vetting emerging university startups from the market's perspective, not the entrepreneur's nor university ecosystem's perspective. A by-product is to shift founders' mindsets to be market centric instead of technology or product centric.
To accomplish this, SEAL coalesces a group of hand-picked, experienced startup mentors to assist each startup in identifying the next potential Go / No-Go Decision. SEAL then builds a set of industry-specific mentors to work with each team over the course of two months to do the work to rigorously answer the analyses underlying the Go / No-Go Decision. Additionally, SEAL brings in experienced entrepreneurs and technical experts to talk about their real-world experience in confronting some of the most common
Go / No-Go Decisions. This is particularly useful as startups confront an on-going sequence of these types of decisions, so SEAL primes its participants to have a baseline of knowledge as many of these common decisions will emerge in each of their journeys.
Most startups participating in SEAL have already removed significant scientific or technical risk through lab prototypes, pilot deployments, and occasionally, early sales. Given that, most Go / No-Go Decisions center on "scalability" questions around the underlying technology, go-to-market, team, funding requirements, firm economics, and other core business model components.
In prior years, SEAL has also facilitated ecosystem engagement opportunities to jumpstart the process of university-based entrepreneurs building out their ecosystem network. For many student founders, this represents their first "in-the-wild" professional networking experience. Austin's startup ecosystem is overflowing with organizations, activities and people that support entrepreneurs and startups, so quickly learning how to navigate and engage with it is critical to the long term prospects for each
startup.