Archive for October, 2021

New Bank of America Platform Helps Women-Owned Businesses Find Funding Sources

Posted by David Seeley

When a woman starts a business, the odds can seem stacked against her. Almost 60 percent of women business owners say they don’t have the same access to capital as their male counterparts. Forty-two percent have never applied for a business loan or line of credit.

Panel: Self-Driving Trucks Find Dallas-Fort Worth Launchpoint

Posted by Dave Moore

Self-driving trucks could help eliminate supply-chain issues plaguing the U.S. right now and shore up the nationwide shortage of truck drivers. They could even reduce truck-accident rates substantially.

And Dallas-Fort Worth is ground zero for the development of autonomous truck technology, thanks to the cooperation of business leaders, and local, regional, and state governments.…

The DEC Network Awarded $1M Grant from SBA’s Community Navigator Pilot Program

Posted by David Seeley

The DEC Network, a non-profit entrepreneurial hub for North Texas startups, has been awarded a $1 million grant from the U.S. Small Business Administration as part of its $100 million Community Navigator Pilot Program. The American Rescue Act initiative aims to reduce barriers that underrepresented and underserved entrepreneurs often face in accessing the programs they need to recover, grow, or start their businesses.

DI People: JCPenney, Crestline Investors, ResMan, and More Make Moves

Posted by Alex Edwards

Across North Texas, companies are promoting and hiring people for leadership positions.

Dallas Innovates covers prominent personnel moves in Dallas-Fort Worth businesses and nonprofits—from the newest startups to well-established companies. Here are the people moves tied to innovation and technology in the region.…

Fort Worth’s FirstCash to Acquire Fintech in $1.17B Deal to Enter the ‘Buy Now, Pay Later’ Payment Space

Posted by Alex Edwards

Fort Worth-based FirstCash Inc., which operates more than 2,800 retail pawn stores across the U.S. and Latin America, has entered into a definitive agreement to acquire American First Finance Inc. to launch into the buy now pay later space.

American First Finance (AFF) is a technology-driven virtual lease-to-own and retail finance provider.…

Champion Impact Capital Launches Investment Platform to Match North Texas Tech Entrepreneurs with Potential Funders

Posted by David Seeley

Dating apps have sparked countless unions by using an algorithm to bring people together. Since it works for singles seeking romance, why not try it for entrepreneurs seeking investors? That’s the idea behind Spark North Texas—a new investment platform from Dallas-based Champion Impact Capital. 

The Shadow CEO:
Deciding to Distribute Startup Equity? Here’s a Founder’s Guide

Posted by Dennis Cagan

The Shadow CEO is an ongoing series with tips for entrepreneurs from serial founder and high-tech industry veteran Dennis Cagan, who has served on sixty-seven for-profit corporate boards, including ten publicly traded companies.

Many first, second, and even third-time founders get themselves into bad situations that could be avoided if they knew more about how corporate governance and equity distribution worked in early-stage companies.

Hall Group Begins Work on a $7B Reimagining of Frisco’s Hall Park

Posted by David Seeley

Hall Park in Frisco is already quite an attraction. The 162-acre office park features the renowned Texas Sculpture Garden, tree-lined water features and fountains, an art cafe, three miles of walking and jogging trails, and an event lawn and amphitheater—all right across the street from The Star, Dallas Cowboys headquarters.

Catalyzing ‘Multi-Generational Change in Southeast Dallas’: Partnership between Jubilee Park and Capital One Aims to Revitalize a Community by Helping Families Thrive

Posted by Sandra Engelland

Erica Blanco, a single mom of four, credits Jubilee Park & Community Center with helping her repair her home and giving her the vital financial skills to improve her family’s life.

“Thanks to Jubilee Park and their resources, I have improved my credit score and debt-to-income ratio,” Blanco said.…

Two Celebrated Golf Course Architects Are Turning a Frisco Landscape into PGA Masterpieces

Posted by David Seeley

Driving through Frisco, you may think the land is flat as a Texas license plate. But when it’s wild, it rolls. Swells. Runs into treelines. Curls around creeks. Some developers flatten all that out, creating grids for condo blocks or office towers.

Dare to Dabble? Dallas Food and Drink Concierge Launches App to Better Connect Young Professionals

Posted by Bella Pinera

Dabble Dallas, a tech-based platform launched last year to incentivize Dallasites to try hidden spots around town that were hit hard by the pandemic. Now, the startup that began as a member-exclusive food and drink concierge is rebranding with a focus on its new app.

CompTIA Partners With Dallas Nonprofit to Help Formerly Incarcerated Women Build Their Futures

Posted by Alex Edwards

The Computing Technology Industry Association, a national trade nonprofit dedicated to the information technology industry that’s been known as CompTIA, is teaming up with Dallas-based Girls Embracing Mothers to support local women in moving on from incarceration.

Together, the nonprofits will provide ten Dallas-area mothers with enhanced education and training that will act as the building blocks of being successful at both work and home.…

Out of Stock: Combating the Supply Chain Challenges of Today and Tomorrow

Posted by AllianceTexas Mobility Innovation Zone

In the current environment, massive stress across the global supply chain has created an urgent need for innovation within the supply chain industry. As online retail sales surged from $598 billion in 2019 to over $791 billion in 2020, disruptions ensued everywhere—the container market, shipping routes, ports, air cargo, trucking lines, railways, and even warehouses.

Dallas Invents: 113 Patents Granted for Week of Oct. 12

Posted by Quincy Preston

Dallas Fort Worth: U.S. Patents Granted in the Dallas Fort Worth region.Dallas Invents is a weekly look at U.S. patents granted with a connection to the Dallas-Fort Worth-Arlington metro area. Listings include patents granted to local assignees and/or those with a North Texas inventor. Patent activity can be an indicator of future economic growth, as well as the development of emerging markets and talent attraction. 

Israeli Network Automation Company Moves HQ to Dallas, Closes $32M Series A Round

Posted by Alex Edwards

BackBox, a Tel-Aviv, Israel-based network automation innovator, has made two major moves to progress as a pioneer in comprehensive network management and security solutions: It closed on a $32 million Series A round and relocated its global headquarters to Dallas.

The growth financing was led by growth-stage investment firm Elsewhere Partners, and will go toward building out a global team, scaling its offerings, and broadening market reach across the U.S.…

Mark Cuban, Drug Czar: Mavs Owner Is Launching an Online Pharmacy to Help Solve Skyrocketing Prescription Costs

Posted by David Seeley

It’s every entrepreneur’s dream: You send Mark Cuban an email out of the blue, pitching an idea that could change an industry. Then he not only replies—he says yes, makes you CEO, and a factory is built to make it all happen. 

PepsiCo Launches Its First Digital Hubs in Dallas and Barcelona

Posted by Alex Edwards

Multinational food and beverage giant PepsiCo today announced it was establishing its first two Digital Hubs dedicated to fostering a strong global digital delivery network—and one is in Dallas.

The hubs, designated for North America and Europe, kickstart PepsiCo’s expansion plans for additional future locations across the globe.…

Meet the Finalists: The Innovation Awards 2022, Presented by Dallas Innovates and D CEO

Posted by Dallas Innovates | Staff Report

Dallas Innovates and D CEO are proud to announce the finalists for our third annual Innovation Awards. The program honors companies, CEOs, CIOS, CTOs, entrepreneurs, and other pioneers who are helping to make Dallas-Fort Worth a hub for innovation.

All finalists will be recognized in the January/February issue of D CEO magazine and online at DallasInnovates.com.

Tech Titans Releases List of the 22 Fastest-Growing Tech Companies in North Texas

Posted by David Seeley

Tech Titans has released its list of the 22 fastest-growing tech companies in North Texas in 2021, based on three-year revenue growth. The companies’ numerical rankings and growth percentages will be announced at the Tech Titans Awards Gala on January 19, 2022.

This Dallas Data Marketing Automation Startup Wants to Lead the Way in Restaurant-Focused ‘Know Your Customer’ Technology

Posted by Alex Edwards

How many apps do you have on your phone? Hakeem James bets your device is full, but when it comes to your favorite places to eat, their tech didn’t make the cut.

But, according to James, these apps are often how restaurants today know about their customers, specifically through promotions and other loyalty programs.…