Ten Life Sciences Companies to Watch in Central Texas

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Texas is one of the leading biotech states in the country, according to a 2014 report from the Texas Governor’s Office. In fact, it ranks second for employment of life and physical scientists nationwide. The state has more than 3,600 biotechnology manufacturing and research and development firms. More than 92,000 people work for biotech companies […]

Payment Data Systems to Begin Trading on the NASDAQ Stock Market

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San Antonio-based Payment Data Systems, which processes online payments for other companies, announced Tuesday that it has received confirmation that its common stock will begin trading on the NASDAQ Capital Market starting Aug. 11th. In addition, Michael Long, chairman and CEO of Payment Data Systems and Louis Hoch, the company’s president, will ring the opening […]

Favor Adds New VP of Engineering and Plans Further Expansion

Michael Nels joins Favor as its new vice president of engineering.

Favor, a personal delivery service, landed in Austin in the summer of 2013 and has quickly grown. Founders Zac Maurais and Ben Doherty moved here from California and launched a grocery and food delivery service. It quickly gained visibility for its runners who wore bright blue T-shirts with a faux tuxedo front. The service, which […]

Techstars Cloud Fall Program is Accepting Applications

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Techstars Cloud is back at it again. The fall program, which kicks off Nov. 2nd and runs until Feb. 11th with a two week break for the holidays, is now soliciting applications. This is the second Techstars Cloud program for 2015. The first one ended in April with ten companies pitching at Demo Day. “This […]

Austin Dips in VC Investments for Second Quarter But Still Strong for 2015

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By LAURA LOREK Reporter with Silicon Hills News The amount of venture capital bucks invested in Austin dropped nearly 49 percent in the second quarter to $162.5 million, compared to the first quarter’s $267.2 million, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thompson Reuters. But […]

TrueAbility Pivots to Include IT Training and Certification

TrueAbility photo featuring Co-Founders Luke Owen, Marcus Robertson,  Dusty Jones and Frederick Mendler. Photo by Gary Hartman

TrueAbility, which created a platform to test job candidate’s technical skills, has pivoted. The San Antonio-based tech startup still offers its AbilityScreen which tests job candidates’ technical aptitude but it is no longer offering its jobs board and instead plans to focus on the information technology certification and training business. It wants to help companies […]

Got an Idea for the Next Big Thing? Pitch It on SXSW PanelPicker

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One of the best ways to get a big idea in front of movers and shakers in the technology, music and film industry is to submit a proposal to the South by Southwest PanelPicker. And even though it seems like the dust has barely settled from the largest ever SXSW held this past March, it […]

VentureLab Expands to Austin and Launches High School Startup program

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VentureLab has expanded its youth entrepreneurial camps to Austin. It is debuting High School Startup at Capital Factory. The camp kicks off June 15th and runs through June 26th. It costs $650, but VentureLab is offering ten scholarships to attend the program for free. Click here to apply for one of the free spots with […]

Kauffman Ranks Austin No. 1 and San Antonio No. 10 for Startup Activity

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Austin claimed the top spot in the Kauffman Index for Startup Activity nationwide and San Antonio took the 10th spot. That makes the Central Texas region a powerhouse of entrepreneurial activity. Kauffman measures the rate of new entrepreneurs, opportunity share of new entrepreneurs and startup density. Kauffman measures all entrepreneurial activity from restaurants to law […]

San Antonio-based Rapamycin Holdings Raises $2.5 Million

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Rapamycin Holdings, a drug developer, Tuesday announced it has raised $2.5 million in a Series A round of funding from a group of San Antonio angel investors. The San Antonio-based company, founded in 2012, plans to use the money to manufacture eRapaTM,a drug aimed at prolonging the life of pets. It also plans to spend […]