“They’re going to get a really awesome opportunity to see Fort Worth up close and personal. Our hope is that some of them, if not all of them, stick around.”
Cameron Cushman
UNT Health Science Center at Fort Worth
.…on the 10 inaugural startups in the Techstars Physical Health Fort Worth Accelerator program.
Cushman is excited about one of our top stories today—the announcement of the first 10 startups in the Techstars Physical Health Fort Worth Accelerator program.
UNT HSC is heavily involved in the accelerator, a public-private partnership that also includes the city of Fort Worth and Tarrant County. UNT HSC and Goff Capital are providing up to $120,000 in seed funding to each of the 10 inaugural companies. Over the next three years, UNT HSC and Goff aim to make nearly $10 million in equity investments into companies going through the program.
The companies come from as close as Dallas to cities across the U.S. to faraway places in Canada, Switzerland, and Germany. That’s part of the design.
“You’re putting more bets on the table that it will lead to some sort of future economic growth that you probably can’t predict,” Cushman told Dallas Innovates. While not all of those companies may move here, he says, “others may open an office here or use Fort Worth as the U.S. jumping-off point for their foreign companies—or pack up their entire company to move here.”
For more on what’s new and next in North Texas, check out Every Last Word.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
CreateHers. BuildHers. DisruptHers. Risk-TakHers. InventHers. InvestHers. Texas women trailblazing new paths are the subject of a new podcast that features innovators disrupting their industries, building movements, and creating positive social change.
-
Entrepreneurs and industry leaders benefit from the city's business-friendly approach.
-
Mayor Cites New Report at the Fort Worth State of Entrepreneurship: Startups Created Nearly 30K Jobs
Mayor Mattie Parker, whose catchphrase is "Go Time," says she coined the term for a reason. Fort Worth is at a pinnacle of possibility, and entrepreneurship is at the center of that. The data speaks for itself, Parker said: A new jobs report from Sparkyard shows startups play a significant role in job creation in Fort Worth and Tarrant County—with average salaries more than twice the minimum wage.
-
North Texas has plenty to see, hear, and watch. Here are our editors' picks. Plus, you'll find more selections to "save the date."
-
Global Entrepreneurship Week Fort Worth kicks off November 7-12 with an opening party, a pitch competition, a State of Entrepreneurship luncheon, and lots more for founders and entrepreneurs to sink their teeth into.
