Business Incubation


Business incubators are designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services. They are developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts.
 
Incubators vary in the way they deliver their services, in their organizational structure, and in the types of clients they serve. Historically, 87% of incubator graduates stay in business.
Business Incubators in Richardson:
  

STARTech Early Ventures creates or invests in seed and early stage technology-based companies, primarily in Information Technology and Communications, Smart Energy Systems, Technology enabled Health Care, and Nanotech Processes and Materials. STARTech Early Ventures was founded in 1997 as a business incubator to focus on developing technology-based start-up and entrepreneurial activity in the Telecom Corridor®. In 1998, STARTech formed a seed-stage investment fund to compliment its methodology for company creation and growth. 

STARTech has created strong networks of executives, entrepreneurs, co-investors, and other partners, which allows them broad visibility in Texas deal flow. In addition, STARTech has taken a leading role in establishing relationships with Texas based research institutes, including top tier university systems, to translate technology commercialization initiatives into strong IP-based deal flow.


 

 
STARTech Fund I ($4 million) and Fund II ($32 million) have focused essentially on investments in the southwest, primarily Texas. Texas is one of the top three venture capital investment regions in the US, with more than $1B of venture capital investment per year to create a fertile environment for development.
The building that STARTech occupies is owned by the City of Richardson.
 
STARTech's full service incubator currently has space for selected start-up technology companies: http://www.startechev.com/STARTechFacilities.html 
 
Address:
1302 E Collins Blvd
Richardson, TX 75081
Phone: 214-576-9801

 
 

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