Category: Austin (Page 264 of 318)

Where will Silicon Hills News be at SXSW Interactive?

imgres-4It’s almost time for South by Southwest Interactive and that means you should prepare for information and sensory overload.
A blog once termed SXSW as TED.com’s crazy cousin from the South. It’s also been called Spring Break for Geeks. But I like to refer to it as the Ponce de Leon’s Fountain of Information Overload. People come here from all over to drink from the fountain of geek wisdom. And we’ll be gulping down our share this week. So I thought I would share with ya’ll information on where Silicon Hills News, the premiere technology news startup covering Austin and San Antonio technology scene, will be this week.

SXSXedu kicks off on Monday and runs through Thursday culminating with a keynote speech by Microsoft Founder turned Global Philanthropist Bill Gates.

The Global Coworking Unconference Conference, known as Juicy, starts on Tuesday at the Austin Music Hall with a formal day of programming and continues on Wednesday with a full unconference day.

The SXSW Startup Crawl 2013, presented by Rackspace, starts at Capital Factory on Thursday at 4:00 p.m. and runs through 10:00 p.m. More than 14,700 people have RSVPed to attend the event, according to Joshua Baer, its organizer. And dozens of startups companies are on the free shuttle route.

Also on Thursday is the day-long Social Business Summit at the W Hotel put on by the Dachis Group. This is an invite-only conference.

And we’ll be picking up our badges early for SXSW to avoid those long lines. This year, SXSW offers remote pick up at the Palmer Events Center on Thursday and Friday as well as the Austin Convention Center.

Once SXSW kicks off, we’ll be covering a ton of Austin and San Antonio related technology and startup news. We’ll have at least five posts a day on the Interactive Conference so stay tuned for the best local technology news coverage around.

On Friday afternoon, we’ll be at Getting Started with Angel Investing, 5 Austin Companies that Can Get Profitable on Less than $1 Million and Move Your Company to Austin for Free.

Friday evening we’re heading to Champions Bar where Rackspace has set up its SXSW Interactive Headquarters for its Open Cloud Experience, starting at 6 p.m..

And you can also interact with us on Saturday at Which Comes First: The Story or the Money? Susan Lahey, reporter with Silicon Hills News, will be moderating a panel on Central Texas technology media coverage. The panelists include Bryan Menell of AustinStartup.com, Colin Pope with the Austin Business Journal and Kirk Ladendorf with the Austin American Statesman. The panel starts at 3:30 p.m. at the Hilton Austin Downtown in the Austin Chamber offices at 500 E. 4th St.

Here’s some other useful guides for SXSW:

This guide on the Austin Startup Group on Facebook is put together by entrepreneurs for entrepreneurs. Jacqueline Hughes, one of the founders of Austin Startup Week, created the list. The document has a ton of local startup events – some that require badges and others that do not.

Startup America has a jam-packed agenda aimed at Startup Companies throughout SXSW Interactive.

Mass Relevance has a VIP All Access Guide to SXSW with information on the best bars and food trucks and other eateries as well as parties and conference sessions.

Gary’s Guide bills itself as the ultimate guide to SXSW with listings of more than 300 parties and events.

The Greater Austin Chamber of Commerce also has a great list of local events spotlighting the technology industry.

Women 2.0 has created an unofficial guide to SXSW with some great events.

AT&T is a super sponsor of SXSW and they’ve got a guide to everything the company’s doing at the show.

Dejaset Featured on A Slice of Silicon Hills

0703be48-b48d-4ec7-8920-961f0694894c_366Matt Peterson, founder and CEO of Dejaset, a music technology company in Austin, dropped into the Silver Fox Studios today to chat with Slice of Silicon Hills News Host Andrew Moore.
Dejaset allows bands to capture recordings of live performances and sell them immediately to fans. Peterson has created an application for the bands to record their content and another one for consumers to buy the songs.
The company, based at the Austin Technology Incubator, raised $750,000 in seed stage capital last year. They’re preparing for a big rollout of its service at South by Southwest next week.

Grapevine Alerts Businesses to Online Customer Reviews

BY ANDREW MOORE
Reporter for Silicon Hills News

grapevineHow influential are online reviews? Have you used a review site such as Yelp to find a restaurant lately? If you have, you may be one of the 100 million people to use Yelp in January of 2013. Did you review that restaurant? I hope it was good — a Harvard business study found that a one star increase in Yelp ratings meant a 5 to 9 percent increase in restaurant revenue. The Guardian reports that a half star increase translates to a better chance of being full at peak dining times. This means that restaurants, and other businesses, have a vested interest in keeping track of their online reviews – and that’s what Grapevine does.
“We aggregate, or gather, online reviews from customers, and notify businesses when a new review is left for them online,” says Grapevine co-founder and marketing rep Erik Larson.
Grapevine notifies it’s customers with daily email alerts. Its service covers 10 major review sites including Google, Bing, Yelp, CitySearch, Insider Pages, Yellow Pages, TripAdvisor, OpenTable, and UrbanSpoon. While there are many more review sites on the web, Grapevine claims that their service covers 95 percent of online restaurant reviews.
The email alerts show a synopsis of what the reviewers said, how many stars they gave the establishment, and the author of the review. They also include links that allow the user to quickly go to the site that originated the review to either read the whole review or respond to it.
“Instead of having to keep ten different websites bookmarked on your browser and check them every day, we now do that for you automatically,” says Larson. “We are an alerting service.”
Because Grapevine gets users their reviews quickly, it gives the user an opportunity to easily respond to a bad review or thank a customer for a good one.
“We want them to respond, we encourage them to respond,” says designer Josh Seltzer. “Owning their reputation is huge. We can help them get to that point as effectively as possible.”
Grapevine believes that responding to negative reviews and encouraging customers to leave positive reviews is the best way to improve an establishment’s reputation.
“You need to ask you customers to give reviews when they’re happy, and that’s what most businesses don’t do,” says Larson. “The most you can do with a bad review is push it down [on web searches].”
Reputation management has become a big industry in the last few years. Businessweek.com recently reported that “Media consultant BIA/Kelsey estimates that small and medium-size businesses spent about $1.6 billion managing their online reputations in 2011. It expects the figure to grow to more than $5 billion by 2015.”
The article discusses how some of the major reputation managers have hurt their own reputations by trying to push bad reviews down by creating artificial or fake review pages designed to show up high on Google searches – a tactic that Grapevine and other companies look down on.
“That actually used to work for a while and it doesn’t work anymore,” says Larson. “As time progresses, customers online will get smarter and smarter — and they’ll see through the B-S.”
There are other companies that offer services similar to Grapevine, such as Reviewtrackers.com, but Grapevine hopes to gain an advantage through speed and simplicity.
“We look at it from the standpoint of, ‘what is the simplest way to get this to the customer?’” says co-founder and developer Richard Ortega. “We are focused on simplicity in the delivery of the technology.”
Grapevine incorporates this simplicity by using email instead of a website or dashboard that must be logged into. It also touts that users can start receiving reviews the day after you sign up – which they claim is faster than most other sites. Grapevine is also the only company to offer a free version of their service. The free version gives users up to five reviews a month for as long as the user wants – there is no limited trial period.
The paid version of the service is $30 a month. On March 5, paying customers will be able to access a dashboard that gives a statistical overview of all the reviews a business has received. Users with multiple locations can have all locations covered for a negotiated price.
The Startup currently has 94 customers – half of which are paying for unlimited reviews. About one-third of Grapevine customers are restaurants, but the startup also provides services to everything from health and wellness businesses and attorneys to jewelry stores and a RV park.
Grapevine was originally created by Erik Larson and Richard Ortega as a complex and expensive costumer review management and comparison service exclusively for hotels and car dealerships. The service launched in 2011 but failed due to a lack of market research and customer demand.
“We built a product without a need, which is not the right way to do it,” says Larson.
After losing $40,000 in what startups refer to as “their first burn”, Grapevine re-invented their business model and re-launched as a greatly simplified alerting service on July 26, 2012 — bringing on co-founder Josh Seltzer. It was then re-vamped on Jan. 15 to provide reviews to customers in a faster and easier way. Grapevine was also the first startup to officially receive the $25,000 Geekdom fund from Geekdom of San Antonio.
Grapevine’s next move is to adapt their service for tracking product reviews on sites like Amazon.com and newegg.com for consumer manufacturers. It is currently looking for an intern to help web development and sales.

Geekdom’s Educational Geekbus Rolls Out in San Antonio

By L.A. LOREK
Founder of Silicon Hills News

Photo courtesy of Geekdom

Photo courtesy of Geekdom

Think of it like a souped-up high tech bookmobile for today’s tech savvy students.
A sleek new teaching tool, the Geekbus, plans to roll out to schools, social agencies and military bases in San Antonio in March.
Louie Pacilli, director of education at Geekdom, a collaborative coworking space downtown, will be taking the Geekbus to kids throughout the city.
“The Geekbus teaches kids to make and build things with their hands and then connect them online to the Internet of Things,” Pacilli said. “We want kids to play and create with circuit boards today which become the tools we need for tomorrow’s society.”
The idea is to expose kids to job opportunities in fields like Cloud Computing, which are in high demand and pay well. The demand for workers with Cloud Computing skills is projected to grow 26 percent annually through 2015 and as many as 7 million cloud-related jobs are available right now worldwide, according to an IDC report released last December.
Like SparkEd, the weekend program held at Geekdom that teaches middle school students about technology and entrepreneurship, the Geekbus aims to spark student’s interest in Science, Technology, Engineering, Arts, Math and Entrepreneruship, or STEAM-E, a term Pacilli coined. The activities on the Geekbus will focus on “teaching kids how to quantify and calculate objects aligned to the theme: Land, Sea, Air and Space,” Pacilli said.
“We teach kids how to use Makey Makeys which are today’s Tinker Toys, Legos or Erector Sets and so much fun,” Pacilli said.
On the Geekbus, about 30 students at a time will build circuit-based devices to connect things to the Internet. The goal is to visit 30 middle schools and reach 4,000 kids between March and June, Pacilli said.
On March 19th, the Geekbus is scheduled to visit Mark Twain Middle School in the San Antonio Independent School District.
“It’s a great way to introduce middle school students to careers in the IT field,” said Roxanne Rosales, executive director of academic support for SAISD. “We’re thrilled to be able to expose kids to these opportunities.”
Mark Twain Middle School students have already participated in the weekend SparkEd program at Geekdom and they really liked it, Rosales said. The Geekbus’ mobility makes it easier to reach even more kids at once, she said.
The Geekbus is a free program that complements the current school curriculum, Pacilli said.
“We are doing this in San Antonio because San Antonio is fast becoming a national tech hub – we want our local kids to grow up prepared for the future jobs to come and build the world they want,” Pacilli said.

Geekdom is a sponsor of Silicon Hills News

Outbox Mail of Austin Makes Huge Strides, Launches in San Francisco

BY IAN PANCHEVRE
Reporter with Silicon Hills News

Screen Shot 2013-02-27 at 9.37.21 AMAustin-based Outbox Mail has been making huge strides as of late. Outbox, a self-described “beautiful inbox for your postal mail,” is expanding beyond its initial pilot in Austin, where for the past year and a half more than 500 customers have enjoyed the service.
As of this week, Outbox has officially broadened its reach beyond the Silicon Hills to include Silicon Valley.
Now, selected zip codes in the San Francisco bay area can take advantage of the service.
“Our time in Austin has proven out both our model and the value of the service to our customers,” explains Evan Baehr, co-founder of Outbox. “We are ecstatic to launch in San Francisco and can’t wait to show thousands how we can make their lives easier.”
Outbox is an innovative service that collects and organizes physical mail into a digital format for its users. “All a user has to do is sign up and take a picture of their mail key, and we’ll take it from there,” notes Outbox Engineer, Juan Carlos Jimenez.
After doing just that, Outbox’s team – fondly known as Unpostmen – retrieves a user’s mail from their mailbox three times a week. The mail is then returned to Outbox’s secure warehouse, where it is promptly digitized and then delivered via the Web. Users can browse, organize, prioritize, discard, and unsubscribe from their physical mail through their computer, iPad, and most recently, iPhone. Additionally, users can take advantage of features like reminders and to-do lists which help them manage important deadlines.
And the amazing thing is, this service is available for a flat fee of $4.99 per mailbox, per month. No hidden fees, no volume based billing. Just the cost of a wrinkled Lincoln.
For those interested in the service, they can experiment with a free demo to get a feel for how the technology functions. A user will quickly take note of the application’s ease-of-use and aesthetic beauty. Yep, Outbox isn’t only making mail easier to manage, it’s also making it sexier.
Screen Shot 2013-02-27 at 9.38.23 AM-2“This is an exciting time for anyone and everyone that receives snail mail,” explains Will Davis, Outbox co-founder and a former classmate of Baehr at Harvard Business School. “Mail is an essential mode of communication, but nobody has taken the leap to modernize it and make it meaningful again. That’s precisely what we’re doing in Austin and now San Francisco.”
Certainly, the postal system is in need of some innovation, and, dare we say, modernization. In 2011, over 168 billion pieces of mail were delivered throughout the United States. And as an industry, postal mail stands large at an estimated domestic value of $900 billion. Despite an astounding volume of physical mail underlining a tremendously valuable service, the U.S. Postal Service is struggling.
Facing layoffs and shuttered offices, the USPS recently announced its plans to discontinue mail service on Saturdays, in an attempt to address cash flow issues that exceeded $15 billion in losses in 2012. The cut, which is expected to begin in August, should save the USPS about $2 billion a year. And in perhaps a greater sign of desperation, the USPS has announced a new product line of “Rain Heat & Snow” clothing and accessories. Yes, the USPS is getting into the fashion business.
Despite the challenges facing the USPS – and the various reforms it is considering – the core service of sending and receiving mail seems all too stale and familiar for the end customer. Outbox, on the other hand, is determined to blaze a new trail. By stubbornly pushing physical mail into the digital era, Outbox breathes a fresh sense of social interaction into the postal mail experience. Outbox empowers its users to engage mail on their terms, when they want, where they want.
Outbox is backed by an impressive group of investors, including Mike Maples, Jr. (Twitter), Adam Ross (Yammer), and Peter Thiel (Facebook). The expansion into San Francisco, the recent release of its iPhone application, and the glowing reviews that Outbox has received – both offline and online – only validate the momentum that Outbox has been steadily building.
Davis hopes that Outbox will be available “across the country in the near future.” Until then, non-residents of Austin and San Francisco can continue to mutter a small curse under their breath, every time they make the trek to collect their snail mail in the rain, heat, and snow.

The Spotlight Will Be on Coworking at GCUC in Austin Next Week

imgres-3Liz Elam, founder of Link Coworking in Austin, is getting ready for a huge conference next week.
But it’s not South by Southwest.
It’s the Global Coworking Unconference Conference, which takes place next Tuesday and Wednesday at the Austin Music Hall at 208 Nueces St. The first day is a formal conference with an unconference taking place on the second day.
“I follow coworking and I study it all the time,” Elam said. “I look at trends. I go to the European coworking conference. And I don’t know a coworking space that isn’t planning for expansion and growth.”
The number of coworking establishments doubled last year and today more than 100,000 people work in coworking spaces, according to DeskMag, which covers the industry.
“I just opened my second space this past year,” said Elam. “You need to know how to fund it. You need to decide who you want to be and how you’re going to manage it.”
Coworking spaces are networking goldmines for people who work there, Elam said.
“They are run by Josh Baer, Liz Elam or a Kevin Koym – people who are connectors – people who know people,” Elam said. “The average coworking space is 44 spaces. Mine is about 70. The people in those spaces are also innovators, early adopters and influencers.”
This year’s conference will cover topics such as how to make coworking profitable, the impact of coworking on society, specialized coworking spaces and alternative sources of funding.
Nick Longo, co-founder of Geekdom, a coworking and collaborative workspace focused on the technology industry in San Antonio, is sponsoring the conference and speaking on a panel.
This is the second year running for GCUC, which is nicknamed “Juicy” for all its juicy content on coworking. The conference brings together the world’s experts on coworking including space owners, property managers, investors, academics and entrepreneurs.
People travel from all over the world to attend the conference which is expecting more than 300 people, Elam said.
“We have people flying in from Australia, Europe, Asia, South America, Mexico and Canada,” she said.
The conference began when groups of coworking enthusiasts met up at SXSW in 2008, 2009 and spun their gathering into an unconference in 2010 and 2011. Last year, Elam combined a traditional conference with professional speakers and a do it yourself unconference to create the first GCUC.
The coworking movement has become a serious business in the United States, Elam said.
“What we are seeing now is specialization in coworking,” she said. “It is coworking but they are really looking for a very specific demographic in a very specific part of the market.”
Capital Factory in Austin and Geekdom in San Antonio both target high-technology professionals. Link Coworking welcomes all kinds of workers and doesn’t specialize in a particular industry, Elam said.
“What I look for at Link is somebody who wants to get stuff done,” Elam said. “At the tend of the day, what you need is a place to be productive.”
But niche coworking is a very high growth area. Plug and Play in Austin targets workers with young kids. Kitchen Coworking on sixth street is aimed at people in the food industry.
“On the West Coast, we’re seeing maker spaces and people making stuff with their hands,” Elam said.
In Round Rock, TechShop is a specialized workplace aimed at making stuff with tools.
This may be the last year for GCUC in Austin. Next year, Elam is planning on hosting the conference in New York, Chicago or Los Angeles.
“It’s an amazing conference put on by a few people working really hard,” Elam said.

GCUC Tickets are still on sale. And GCUC still has a few sponsorship opportunities available.

Disclosure: Silicon Hills News is a media sponsor of GCUC. And that’s because it’s one fun, smart and informative conference and we like to cover it. We’re also a fan of coworking. And Geekdom is a sponsor of Silicon Hills News.

We Are Austin Tech Shines the Spotlight on Chuck Gordon of Sparefoot

sparefoot-logo-200-2This week, We Are Austin Tech shines the spotlight on Chuck Gordon, co-founder of the world’s largest market for self-storage: Sparefoot.
The company, founded in 2008, is a graduate from Capital Factory accelerator and has raised $4.5 million.
Gordon and Mario Feghali founded the company during their senior year at UCLA. Today, SpareFoot has 60 employees.
“The best advice I have for up-and-coming tech entrepreneurs is something that was ingrained very early on in Capitol Factory: fail fast, fail quickly,” Gordon says in the video. “You have to understand that everything you try is not gonna work. And you need to just keep trying stuff until you find what does. We changed around what we were doing all the time at the beginning — we still do all the time.”

Door64 to Host Startup Showcase on March 8th

austin_showcaseDoor64 is putting on a startup showcase next Friday, March 8th.
The event is designed to shine the spotlight on local startups right as South by Southwest Interactive kicks off.
Already, 200 people have signed up to attend the event, says Eve Richter, Door64 spokeswoman.
The event takes place at the Norris Conference Center at 2525 West Anderson Lane from 10 a.m. until 2 p.m. It’s free to register.
The Startup Showcase will feature a series of talks on funding along with a pitch event.
To participate, fill out the Showcase Startup Application.
To have a table at the event, fill out the Showcase Service Provider Application.

Austin-based Click Security Lands $17.7 Million in Financing

provide real security value and leverage the security expertiseClick Security a real-time security analytics company, has received $17.7 million in Series B financing.
The Austin-based company raised a Series A round led by Sequoia Capital of $7 million in 2011, bringing its total funding raised to $24.7 million.
Lightspeed Venture Partners led the round of financing with other investors including Citi Ventures and Sequoia Capital. Click Security plans to use the money to expand sales, marketing and engineering.
Click Security has customers in financial services, higher education, and retail. The company’s products alert companies to a cyber attack potentially hidden in big daa.
“Click’s core technology and solution approach has the potential to reshape the manner and speed of modern threat detection, analysis and early stage response. There still remains a significant gap in the way organizations safeguard against sophisticated attacks, and Click is approaching this with a very interesting solution model,” Mike Goguen, Managing Partner, Sequoia Capital, said in a news release.
“The business of global cybercrime, by some estimates, now exceeds $300 billion annually. Traditional security defenses are clearly not getting the job done. We believe Click Security has developed a unique approach to providing real-time visibility into the unknown – representing a game changer for organizations looking to take back their networks,” John Vrionis, Partner, Lightspeed Venture Partners, said in a news release.

Texas State University’s STAR Park keeps High-Tech Companies in Texas

BY ANDREW MOORE
Reporter with Silicon Hills News

STAR park Executive Director Stephen Frayser in the STAR one labs. Photos by Samantha Davis

STAR park Executive Director Stephen Frayser in the STAR one labs. Photos by Samantha Davis

How does a small or mid-sized company create a product on the cutting edge of material science or nano-technology? Not only would they need to acquire or rent multi-million dollar equipment, but they would need access to dedicated lab space and support staff. Traditionally, companies would need to relocate to Silicon Valley to access these resources – but soon, those same companies will have the option of going to Texas State University.
Texas State University has just opened its new Science, Technology, and Advanced Research Park – or STAR Park for short. The park is 38 acres and about five minutes from campus. The university dedicated the first facility of the park — STAR One– on Nov. 9, though the building is not yet ready for occupancy. The park is funded by Texas State University, the Economic Development Administration of the U.S. Department of Commerce, and the city of San Marcos. It is a $7 million investment, and a central part of Texas State’s plan to move toward becoming a tier one research university.
Texas State University’s Associate VP for Research and Federal Relations Bill Covington says that the STAR Park benefits the university and its students as well as the local economy.
“Any time we bring in a company that gets started and starts hiring people it’s good for the economic development for the area,” says Covington.
STAR Park Executive Director Stephen Frayser says the goal of the park is to create a technology incubator and a collaborative community of startups and mid-sized companies that will be able to grow quickly by using Texas State’s unique resources.
“The whole purpose of an incubator is time-to-market,” says Frayser. “What you are trying to do is help companies get the assistance that they need at the time they need it so they can get into the market more efficiently than a competitor that had no assistance.”
STAR One will be ready for occupancy by April. The 20,000-square-foot facility has office space, a conference room, and five lab areas that include chemical labs and clean rooms. When completed, it will be 38,000-square-feet, hold six additional labs, and will host up to 11 companies. Labs in STAR One come with de-ionized water, nitrogen, and compressed air. The facility is also equipped with back-up power and provides waste removal services on site at a reduced cost.
Three companies are already scheduled to move into the new facility in April. MicroPower Global, one of these companies, has already been collaborating with the university research faculty for three years and will now be able to move ahead with their product.
“We have identified an ideal situation where our technology can be finally developed as an embedded company on the campus of Texas State University,” says MicroPower Global’s Chief Technology Officer Tom Zirkle. “STAR One provides us an opportunity to pull that developed technology into pilot production.”
Multi-functional Materials Laboratory

Multi-functional Materials Laboratory

MicroPower Global will also have access to the $7 million Multi-functional Materials Laboratory located on the Texas State University campus. Startups and mid-size companies alike will have access to this top-of-the-line equipment — in addition to STAR Park faculties — once they sign research agreements with the university. The laboratory gives Texas Statue University a major advantage in attracting companies that are on the cutting edge of semiconductor technology.
“Our niche right now in the market is material sciences, nano-materials, and semi conductors — and we have a core staff of people and some fairly deep facilities here that let us stand out from anybody else in the U.S.,” says Frayser.
The different material laboratories at Texas State University currently allow companies to do research at almost the same level as in Silicon Valley. Texas State’s Molecular Beam Epitaxy machine — or MBE – allows them to do advanced research on nano-sized semiconductor materials for extremely small and versatile computer chips. The labs can also create membranes, adhesives, and very simple nano-machines. Companies and startups working at STAR One will be able to use this advanced equipment at the university to do their research and produce prototype technologies – all at a greatly reduced cost versus renting the equipment on the open market.
Labs have equipment that can create Nano-sized objects.

Labs have equipment that can create Nano-sized objects.

These resources are not available to just any interested company, however; there are two requirements for companies that use the facility. First, the company must be developing a unique technology – or one that is not an extension or addition to another technology already on the market. Secondly, the company must have an arrangement that is mutually beneficial to Texas State University, such as a partnership with university faculty or an agreement to utilize Texas State University students as interns.
MicroPower Global has already hired several full time employees from inside the university and currently has six TXST interns doing research for the company. CTO Zirkle says the interns play a major role in the companies’ research.
“They actually have hands on experience doing the very precise processing of the semi-conducter devices that we’re developing,” says Zirkle. “They have an opportunity to have exposure to how a small business operates — how an entrepreneurial environment feels. As we are developing new ideas to solve problems, they actively participate with us in those problem solving sessions.”
Putting students in these hands-on research roles is a key part of the STAR Park’s mission. TXST has already established a Material Science, Engineering and Commercialization PH.D. program — or MSEC — for the purpose of educating students in both the science side and business side of creating a technology company. Park Director Frayser says these students will be ideal candidates for internship positions with companies staying at STAR One.
“One of the biggest complaints businesses have of people they hire from universities is that they have no concept beyond theory of how things really work,” says Frayser. “This intention is to get our graduates to a point where they can become key individuals with firms. One of our Ph.D.s has already been hired by MicroPower to be one of their chief scientists. ”
Frayser says the STAR Park has already generated interest with several other parties besides the three firms coming in April. All companies and startups accepted to the park will pay the market rate for similar lab and office space. Frayser says that the park will try to admit companies that can complement each other as the park develops. Administrators will also help facilitate collaboration between their tenant companies by assessing the strengths and needs of their tenants to help them form mutually beneficial partnerships.
“We have individual companies but then we are going to encourage collaboration where it makes sense to work together on things,” says Frayser. “We want to create a community.”
Though not all research parks are successful, both Frayser and Covington are very optimistic about the future of technology in the San Marcos area.
“I think we are doing this at the right time and in the right way, and we are certainly in a great location in the state of Texas,” says Covington.

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