Austin Technology Incubator at the University of Texas at Austin has teamed up with the Austin Community College District to launch business mentoring services aimed at life sciences startups.
The services will be available at ACC’s Advanced Commercialization ACCelerator, opening later on this year at the ACC Highland Campus. That locations will have biotechnology equipment, specialized wet lab space, conference areas and staff to help startups commercialize their products.
“We are pleased to partner with ACC to launch this important laboratory element of the Austin life sciences ecosystem,” Cindy WalkerPeach, Director of ATI’s Health/Biosciences Incubator said in a news release. “We are extremely supportive of ACC’s efforts to develop laboratory space for life science startups.”
ATI plans to provide business mentoring to startups at ACCelerator and it will help the organization with infrastructure development of systems, processes, governance, network of key individuals and funders. And ATI will establish a pipeline of prospective accelerator startup companies.
“ACC’s biotechnology program is a vital resource to Central Texas’ growing biotechnology sector,” Tyler Drake, Advanced Commercialization ACCelerator director said in a news release. “Collaborations with partners like ATI provide valuable insight and experience to further advance the commercialization of cutting-edge discoveries and technologies.”