Come manage the Mentor Network at Capital Factory

Lead a team responsible for 10,000 life-changing connections per year between all of the entrepreneurs and investors in Texas.

Entrepreneurs are people who change the world and make it better. Entrepreneurship is inherently infused with purpose and impact. Technology has democratized entrepreneurship and made it accessible to more people than ever before. Our society faces some of the biggest challenges in history and we believe that technology and entrepreneurship are essential to solving them.

Capital Factory is all about helping entrepreneurs and we do it in many different ways. We run a coworking space, host meetups and events, and have a fund to invest in the startups that we help. Every day we host dozens of “office hours” meetings between entrepreneurs and people from our mentor network who can help them. As part of the Texas Startup Manifesto, we are expanding the mentor network from Austin to all of Texas, starting with our partners The DEC in Dallas, Geekdom in San Antonio and other partners in Houston.

The mentor network is the soul of Capital Factory. It’s our reason for existence and the glue that binds everything else together. It makes a huge impact on a daily basis and builds life-long friendships and business partnerships. The mentors are volunteers who pay-it-forward to help first-time entrepreneurs get their chance to make a dent in the universe.

Capital Factory’s mission hinges on meaningful personal relationships. Most companies “ring the bell” and celebrate when they close a big sale. We celebrate making a great connection between entrepreneurs and investors or other people who can help them. That makes this one of the most important positions at Capital Factory.

It’s hard to overstate how important personal relationships are in business and in life. The right introduction can help an entrepreneur to find their co-founder, hire their first employee, meet their first customer, or close their first investor. You will introduce local entrepreneurs to people like President Barack Obama, Apple CEO Tim Cook, and Microsoft CEO Satya Nadella. These are the introductions that change lives.

These relationships become your relationships. You’ll interact directly with the CEO’s of all of the most exciting startup companies in Texas as well as all of the venture capitalists. After you do a great job in this role, you will have your choice of many other opportunities to choose from when it’s time to think about what’s next. Take a look at the list of mentors who you will work with.

You will lead and grow a team across Austin, Dallas, Houston and San Antonio who are passionate about entrepreneurs and mentorship. You will be the internal product manager for UNION, the online platform we use to schedule office hours and match entrepreneurs up with the right opportunities. You will work with startup entrepreneurs, prominent CEO’s, venture capitalists, government officials, the press, and celebrities to match them up with the right people at the right time.

All of our mentors are VIP’s. They are busy executives who are volunteering precious time to help our community and we need to make sure it is a fun and efficient experience for them. Our goal is to provide the type of service you might expect from the Four Seasons or Tiffany’s. We sweat the small stuff. We respect their time. We do whatever it takes and do it with style.

Are you warm, outgoing, and able to handle difficult people and situations with a smile on your face?

Are you detail-oriented and do you have excellent verbal and written communication skills?

Do you believe that startups and technology have the potential to solve human society’s biggest challenges?

Do you believe that connections between people really matter?

Join us.

Perot Jain steps up to support Dallas entrepreneurs

We received a warm welcome from Trey Bowles when we first came to Dallas and there have been many others who have opened their arms to us since. Perot Jain, one of the most active early-stage venture firms in Texas, is joining DivInc and The DEC to support our $100,000 Dallas Diversity & Inclusion Challenge and help us get the word out as far and wide as possible!

With their vast network in Dallas and across Texas, Perot Jain is a perfect partner to help make sure that every eligible entrepreneur hears about this opportunity. They are also helping us fund a social media campaign to reach people who might not already be coming to The DEC or other coworking spaces.

“Perot Jain is committed to growing the Dallas startup ecosystem and in particular helping more women and people of color to achieve the American dream through entrepreneurship,” said Joe Beard. “We are glad that Capital Factory is in Dallas and thrilled to see that they are also community builders who grow through collaboration.”

Many of the most successful entrepreneurs in Texas have banded together to give one startup from Dallas with a diverse executive team a $100,000 investment to try and change the world. Any tech or consumer startup in the North Texas area with at least one female or person of color on the executive team can apply on AngelList to pitch at our Funding Day on January 16, the day after MLK Day.

The best team that pitches at Funding Day will receive:

  • $100,000 cash investment on a SAFE or Convertible Note
  • Special access to an A-List of Texas’ top entrepreneurs who add value far beyond the money you received
  • 1 year of unlimited co-working at Capital Factory and The DEC
  • Access to the Capital Factory Mentor network
  • Company formation by startup law firm Kastner & Gravelle
  • Hundreds of thousands of dollars in free hosting credits from Amazon Web Services, Google Cloud, IBM Softlayer, Microsoft & Rackspace plus many other cloud services you use

This $100,000 Challenge is one of three that Capital Factory is running across Texas in 2018 as part of the Texas Startup Manifesto. We believe that Texas is the most promising technology investment opportunity in the United States and Capital Factory is going to turbocharge it. Already the 10th largest economy in the world, there is still untapped potential and more growth in its future. By connecting Austin, Dallas, Houston, San Antonio and the rest of the state into a Texas Startup Megatropolis we can unlock billions of dollars in capital and unleash thousands of diverse entrepreneurs.

About Capital Factory

Capital Factory is the center of gravity for entrepreneurs in Austin, the number one startup city in the U.S. Last year more than 100,000 entrepreneurs, programmers and designers gathered day and night, in-person and online for meetups, mentorship, classes and coworking. We meet the best entrepreneurs in Austin and introduce them to their first investors, employees, mentors and customers. According to Pitchbook, Capital Factory has been the most active investor in Texas since 2013.

About Perot Jain, L.P.

Perot Jain, LP is an early stage venture capital firm founded by Ross Perot Jr. and Anurag Jain. The firm is committed to partnering with innovative entrepreneurs to build highly disruptive, industry-transforming companies. The leadership team combines deep operational expertise within the technology sector along with extensive strategic advisory experience to deliver unparalleled value to its investment portfolio.

Perot Jain’s unique ability to leverage its affiliated operating entities
differentiates the firm from its peers and helps drive early customer traction and accelerated growth for its partners.

$100,000 San Antonio Investment Challenge in partnership with Geekdom

In August we released the Texas Startup Manifesto and announced our plans to expand our Accelerator program to include Dallas with a presence at The DEC. In October we announced our $100,000 Dallas Investment Challenge and then in November the $100,000 Houston Investment Challenge. This Tuesday we’ve chartered a Von Lane bus and are coming to San Antonio with 24 investors, mentors and entrepreneurs to announce $100,000 just for San Antonio!

Many of the most successful entrepreneurs in Texas have banded together to give one startup from San Antonio a $100,000 investment to try and change the world. Any tech or consumer startup in the South Texas area can apply on AngelList to pitch at our Funding Day on April 10.

“$100,000 isn’t all of the money you’ll ever need, but it’s enough for a scrappy team to focus full-time on building a minimum viable product and finding product market fit for about a year. We give you free rent, free hosting, a lot of other free stuff to make that $100,000 last as long as possible,” said Joshua Baer, founder and Executive Director of Capital Factory.

If you’re successful, you’ll validate the business enough to raise $500,000 and then raise a real seed round from a VC.

We’re fortunate to have an incredible partner to work with on this initiative. Geekdom has been leading the charge to energize the San Antonio tech and startup scene since the very beginning and is probably the largest community of entrepreneurs in Texas.

“One of our top priorities is to attract more capital for early stage technology companies in San Antonio so that they don’t need to move somewhere else,” said David Garcia, CEO of Geekdom, “It is our pleasure to welcome Capital Factory to San Antonio and introduce them South Texas’ best entrepreneurs.”

We’ll be at Geekdom this Tuesday with a full Von Lane bus of 24 investors, mentors and entrepreneurs from Austin for a day full of programming and networking. We’ll start off with an Epic Office Hours session of speed dating between Austin investors and San Antonio entrepreneurs in the afternoon. Then in the evening is the Intro to Fundraising in Texas where we’ll announce the $100,000 Challenge and have a panel of Venture Capitalists on stage to answer questions about fundraising for your startup.

The best team that pitches at Funding Day will receive:

  • $100,000 cash investment on a SAFE or Convertible Note
  • Special access to an A-List of Texas’ top entrepreneurs who add value far beyond the money you received
  • 1 year of unlimited co-working at Capital Factory and Geekdom
  • Access to the Capital Factory Mentor network
  • Company formation by startup law firm Kastner & Gravelle
  • Hundreds of thousands of dollars in free hosting credits from Amazon Web Services, Google Cloud, IBM Softlayer, Microsoft & Rackspace plus many other cloud services you use

This Capital Factory investment challenge is funded by the Capital Factory Partners Fund, a group of the most active mentors and angel investors in our network. To see the complete list of Capital Factory Partners, see the Mentors page of our website.

About Capital Factory

Capital Factory is the center of gravity for entrepreneurs in Texas, the number one startup state in the U.S. Last year more than 100,000 entrepreneurs, programmers, and designers gathered day and night, in-person and online for meetups, mentorship, classes and coworking. We meet the best entrepreneurs in Texas and introduce them to their first investors, employees, mentors, and customers. According to Pitchbook, Capital Factory has been the most active investor in Texas since 2013.

About Geekdom

Geekdom is a collaborative coworking space in San Antonio, Texas, and the heartbeat of the startup ecosystem.

Like a Gym Membership for Geeks: Our mission is to provide an inspiring environment for bright minds to explore ideas in entrepreneurship, technology, leadership, and creativity, develop talents, and connect to a community of like-minded people. Geekdom has locations in San Antonio & San Francisco and was founded by Graham Weston the Chairman of Rackspace Hosting & Nicholas Longo the Founder of CoffeeCup Software.

Group tours are provided Monday-Friday at 12:00 pm and 4:00 pm, or by appointment only. Click here to schedule a tour.

$25,000 UT Austin Student Startup Investment Challenge with Longhorn Startup

10 lucky student startups at UT Austin will get to participate in the prestigious Longhorn Startup Lab student startup accelerator this Spring which includes a $1,000 cash grant, $5,000 in AWS Startups hosting credits and mentorship from some of Austin’s most successful entrepreneurs. This year there is a new twist — one very lucky startup will win a $25,000 investment at the end of the semester and a guaranteed spot in our Accelerator program.

The Longhorn Startup Lab is a free Accelerator for UT Austin student entrepreneurs to get you course credit, mentorship, and funding to work on your startup while you are still in school. More than 1,000 students have participated in our program since 2011 and startups have gone on to Accelerators such as Capital Factory and Y Combinator and funded by angel investors and venture capitalists. It happens in the Spring semester every and applications are open right now and any UT student or professor is eligible to apply.

The class Demo Day will be on May 3, 2018 at the Lady Bird Johnson Auditorium at the LBJ Library and that’s where the $25,000 Investment Challenge will be awarded to one of the 10 student startups in the class this semester! Apply now for your chance at $25,000!

Learn more here…

$100,000 Houston Diversity & Inclusion Investment Challenge in partnership with DivInc

In August we released the Texas Startup Manifesto and announced our plans to expand our Accelerator program to include Dallas with a presence at The DEC. In October we announced our $100,000 Dallas Diversity & Inclusion Investment Challenge. This Tuesday we’ve chartered a bus and are coming to Houston with 30 investors, mentors and entrepreneurs to announce $100,000 just for Houston!

Many of the most successful entrepreneurs in Texas have banded together to give one startup from Houston with a diverse executive team a $100,000 investment to try and change the world. Any tech or consumer startup in the East Texas area with at least one female or person of color on the executive team can apply on AngelList to pitch at our Funding Day on February 13.

“$100,000 isn’t all of the money you’ll ever need, but it’s enough for a scrappy team to focus full-time on building a minimum viable product and finding product market fit for about a year. We give you free rent, free hosting, a lot of other free stuff to make that $100,000 last as long as possible,” said Joshua Baer, founder and Executive Director of Capital Factory.

If you’re successful, you’ll validate the business enough to raise $500,000 and then raise a real seed round from a VC.

We’re fortunate to have two incredible partners to work with on this initiative. DivInc is a pre-accelerator based in Austin that is currently running their third cohort focused on championing diversity in the tech startup ecosystem. Station Houston has been leading the charge to energize the Houston startup scene and is part of the team behind other important initiatives such as the Entrepreneurs for Houston relief effort and Houston Exponential.

“One of our top priorities is to attract more capital for early stage technology companies in Houston,” said John Reale, CEO of Station Houston, “We couldn’t be more excited to welcome Capital Factory to Houston and introduce them Houston’s best entrepreneurs.”

We’ll be at Station Houston this Tuesday with a bus of 30 investors, mentors and entrepreneurs from Austin for a day full of programming and networking. We’ll start off with an Epic Office Hours session of speed dating between Austin investors and Houston entrepreneurs in the afternoon. Then in the evening is the Intro to Fundraising in Texas where we’ll announce the $100,000 Challenge and have a panel of Venture Capitalists on stage to answer questions about fundraising for your startup.

One of the ways Capital Factory is intentional about attracting entrepreneurs to our network is with investment challenges that focus on particular industry segments, technologies and geographies. In September we tried an experiment and hosted a challenge around gender and ethnic diversity that was incredibly successful. Not only did it attract applications from teams of diverse entrepreneurs, they were some of the most impressive startups we’ve seen yet! Congratulations to the winner Kiss and Tell who was awarded the $100,000 investment prize!

“Getting the first check is hard enough as it is — it’s even harder in today’s market if you are female. I’m looking forward to backing more diverse teams with women in key leadership positions,” said Jan Ryan, founder of Women@Austin.

The best team that pitches at Funding Day will receive:

  • $100,000 cash investment on a SAFE or Convertible Note
  • Special access to an A-List of Texas’ top entrepreneurs who add value far beyond the money you received
  • 1 year of unlimited co-working at Capital Factory and Station Houston
  • Access to the Capital Factory Mentor network
  • Company formation by startup law firm Kastner & Gravelle
  • Hundreds of thousands of dollars in free hosting credits from Amazon Web Services, Google Cloud, IBM Softlayer, Microsoft & Rackspace plus many other cloud services you use

This Capital Factory investment challenge is funded by the Capital Factory Partners Fund, a group of the most active mentors and angel investors in our network. To see the complete list of Capital Factory Partners, see the Mentors page of our website.

One thing you should notice right away is that while we have some women and people of color as Mentors and Partners, there certainly aren’t enough! We hope that this challenge will help us to meet new mentors in addition to new entrepreneurs.

About Capital Factory

Capital Factory is the center of gravity for entrepreneurs in Texas, the number one startup state in the U.S. Last year more than 100,000 entrepreneurs, programmers and designers gathered day and night, in-person and online for meetups, mentorship, classes and coworking. We meet the best entrepreneurs in Texas and introduce them to their first investors, employees, mentors and customers. According to Pitchbook, Capital Factory has been the most active investor in Texas since 2013.

About Station Houston

Station Houston’s vision is to transform Houston into a world-leading hub for tech innovation and entrepreneurship. This vision unfolds as a vibrant district where people live, work and play, with Station serving as the connective tissue fostering our culture of innovation. We connect early-stage technology startups & entrepreneurs with capital, customers & talent — but more importantly, we’re cultivating a community & culture.

Another ATX Startup Crawl in the Books

Cheers to another epic ATX Startup Crawl! We were honored to be a part of ATX Startup Crawl in Support of Entrepreneurs for Houston, and hope everyone else is missing it as much as we are. Of course, we’re still reliving the night so, we’ve compiled a rundown of the best Startup Crawl moments! In the spirit of tech, here are the highlights: Twitter style.

Get hype. The ATX Startup Crawl spirit was contagious–from staff, to crawlers, to hosts, no one contained their excitement for the hot tech & cold beer to come.

https://twitter.com/BentleydotC/status/918586620772831238

Came for the tech. Capital Factory knows cool tech, but ATX Startup Crawl took it to a new level and brought the community together for a night like no other.

Stayed for the treats. Did you really think we’d leave food off the list of highlights? It’s not an ATX Startup Crawl until someone breaks out the sweets!

https://twitter.com/kowlgi/status/918600406674141184

As always, our favorite part was the genuine tech enthusiasm that keeps us doing what we do.

https://twitter.com/dylanmacalinao/status/919037071167315968

With such an awesome event, we’re glad to have some time to power down, but not for long. March 9th might seem like ages away, but it’s really right around the corner. Whether you’re excited to take on another ATX Startup Crawl or have major FOMO about missing the last one, you won’t want to miss the ATX Startup Crawl at SXSW 2018! Register your company here.

See you then 🤖

$100,000 Dallas Diversity & Inclusion Investment Challenge in partnership with DivInc

In August we released the Texas Startup Manifesto and announced our plans to expand our Accelerator program to include Dallas with a presence at The DEC. After an incredibly warm reception and successful launch we have added dozens of new Dallas mentors to the network, accepted 5 Dallas startups to our Accelerator, and hosted more than 80 office hours sessions. Now we’re putting our money where our mouth is and DivInc is helping to get the word out!

Many of the most successful entrepreneurs in Texas have banded together to give one startup from Dallas with a diverse executive team a $100,000 investment to try and change the world. Any tech or consumer startup in the North Texas area with at least one female or person of color on the executive team can apply on AngelList to pitch at our Funding Day on January 16, the Friday after MLK Day.

We’re fortunate to have two incredible partners to work with on this initiative. DivInc is a pre-accelerator based in Austin that is currently running their third cohort focused on championing diversity in the tech startup ecosystem. The Dallas Entrepreneur Center (The DEC) is one of the biggest champions of entrepreneurship in the North Texas startup scene and of diversity in Tech in general.

“I meet black, latino and female entrepreneurs every day who have great ideas and incredible passion but lack access to essential resources to build scalable, high growth businesses. We want to help create an authentic culture of inclusive entrepreneurship within the Texas tech ecosystem” — Preston L. James, II, CEO and Executive Director of DivInc

One of the ways Capital Factory is intentional about attracting entrepreneurs to our network is with investment challenges that focus on particular industry segments, technologies, and geographies. In September we tried an experiment and hosted a challenge around gender and ethnic diversity that was incredibly successful. Not only did it attract applications from teams of diverse entrepreneurs, they were some of the most impressive startups we’ve seen yet! Congratulations to the winner Kiss and Tell who was awarded the $100,000 investment prize!

“$100,000 isn’t all of the money you’ll ever need, but it’s enough for a scrappy team to focus full-time on building a minimum viable product and finding product market fit for about a year. We give you free rent, free hosting, a lot of other free stuff to make that $100,000 last as long as possible,” said Joshua Baer, founder and Executive Director of Capital Factory.

If you’re successful, you’ll validate the business enough to raise $500,000 and then raise a real seed round from a VC.

“Getting the first check is hard enough as it is — it’s even harder in today’s market if you are female. I’m looking forward to backing more diverse teams with women in key leadership positions,” said Jan Ryan, founder of Women@Austin.

The best team that pitches at Funding Day will receive:

  • $100,000 cash investment on a SAFE or Convertible Note
  • Special access to an A-List of Texas’ top entrepreneurs who add value far beyond the money you received
  • 1 year of unlimited co-working at Capital Factory and The DEC
  • Access to the Capital Factory Mentor network
  • Company formation by startup law firm Kastner & Gravelle
  • Hundreds of thousands of dollars in free hosting credits from Amazon Web Services, Google Cloud, IBM Softlayer, Microsoft & Rackspace plus many other cloud services you use

This Capital Factory investment challenge is funded by the Capital Factory Partners Fund, a group of the most active mentors and angel investors in our network. To see the complete list of Capital Factory Partners, see the Mentors page of our website.

One thing you should notice right away is that while we have some women and people of color as Mentors and Partners, there certainly aren’t enough! We hope that this challenge will help us to meet new mentors in addition to new entrepreneurs.

We are excited to announce eight new Capital Factory Partners from Dallas that have joined to support this challenge. Thanks for stepping up!

About Capital Factory

Capital Factory is the center of gravity for entrepreneurs in Texas, the number one startup state in the U.S. Last year more than 100,000 entrepreneurs, programmers, and designers gathered day and night, in-person and online for meetups, mentorship, classes, and coworking. We meet the best entrepreneurs in Texas and introduce them to their first investors, employees, mentors, and customers. According to Pitchbook, Capital Factory has been the most active investor in Texas since 2013.

About DivInc

 
About The DEC

The Dallas Entrepreneur Center (The DEC) is a co-working space and 501c3 non-profit created to help entrepreneurs start, build, and grow companies through education, mentorship, and community.

What happens when Austin’s hottest startups all throw a party at the same time?

Welcome to the biggest party in the business! With 60+ companies and 7,000+ registered crawlers*, there’s something for every tech enthusiast at ATX Startup Crawl in Support of Entrepreneurs for Houston. We like to call it a night of hot tech and (free!) cold beer, everyone’s favorite combination.

With a nickname like Silicon Hills, it’s no doubt that Austin is more than just a city to those of us in tech—it’s become a hub for startup culture, and this year’s ATX Startup Crawl in Support of Entrepreneurs for Houston is the perfect way to dive in.

https://twitter.com/UnionMetrics/status/917865575036194821

Who’s invited?

  • Experienced entrepreneurs
  • Passionate business owners
  • General tech lovers!

Held throughout downtown Austin, it’s one night packed with places to explore the innovation that goes on every day. Moving from table to table, you’ll find everything from travel startups to education startups, while grabbing lots of swag on your way!

Where’s my invite?

  • Step 1: Download the ATX Startup Crawl app and register for free.
  • Yes, it’s really that simple. And if the tech wasn’t enough, free drinks and shuttles from stop-to-stop make great selling points to get your friends to join! (Thanks, Chariot!)

How about my itinerary?

  • The app is convenient too; it creates a plan for your night’s stops so you don’t miss a thing (and we all hate FOMO)!
  • Make sure to add Capital Factory to your list because as a Mega Stop, we’ll be hosting startups on a huge scale.
  • Bigger and better than ever, you’ll also find the MobilityX and Galvanize Mega Stops here! With 10+ startups in transportation and coding, this is the stop you won’t want to miss.

Looking to take on ATX Startup Crawl in Support of Entrepreneurs for Houston in style? For those into hot tech with a cool attitude, we present our Baller Club Pass. The Baller Club Pass is the ultimate way to experience ATX Startup Crawl in Support of Entrepreneurs for Houston…

  • Network with Austin’s most successful entrepreneurs and top Angel Investors in our catered VIP Lounge sponsored by Salesforce.
  • Fast pass your way around lines at Mega and Host Stops (Ballers don’t wait, time is money).
  • Take home exclusive swag (because we know Ballers are all about swag).
  • Ballers are exclusive—there are only 100 passes available this year.** If you want to hang with the hottest names in startup tech, you’ll have to act fast. Get your Baller Club Pass here before they’re all gone!

As the center of gravity for entrepreneurs in Texas, we can’t wait to see what this year’s ATX Startup Crawl in Support of Entrepreneurs for Houston will bring to the table. Those not attending can follow the live-tweets through @ATXStartupCrawl all night long, but this is an event you’ll want to experience for yourself. We can’t wait to see you there!

*2016 ATX Startup Crawl at Austin Startup Week Data
**Capital Factory Members do not need to purchase Baller Passes. Access included with membership.

 

 

$100,000 Diversity & Inclusion Investment Challenge

Capital Factory is committed to creating and supporting diversity in the tech community. We recently named Mellie Price as our Director of Diversity & Inclusion, and she has been working with many community stakeholders to organize and collaborate with the many different organizations focused on this mission in Austin.

“We jump at every opportunity to host events at Capital Factory that bring diverse entrepreneurs of all faiths, races, genders, and sexual orientations into our community,” said Mellie Price, Director of Diversity & Inclusion. “We recognize and celebrate diverse role models for up and coming entrepreneurs to look up to.” August is Women’s Month at Capital Factory where Capital Factory is featuring as many female speakers as possible and it all culminates at the first annual Women in Tech Summit on August 23rd. Additionally, we’ve hosted events such as Diversity Epic Office Hours, the Google for Entrepreneurs and CODE2040 Happy Hour, Lesbians Who Tech, Austin Hispanic Hackers, and many more.

That’s why we’re so excited to announce, in partnership with DivInc, our $100,000 Diversity & Inclusion Investment Challenge. This particular challenge will focus on startups with a founder or executive leadership teams who are normally underfunded and underrepresented in the tech space including people of color, women, and those in the LGBTQ+ community.

“I meet black, Latino and female entrepreneurs every day who have great ideas and incredible passion but lack access to essential resources to build scalable, high growth businesses. We want to help create an authentic culture of inclusive entrepreneurship within the Austin tech ecosystem”, said Preston James II, CEO and Executive Director of DivInc., an accelerator that partners with Capital Factory which focuses on diverse founders.

So what will it take to win? We are looking for first-time entrepreneurs that have at least one founder on the executive team and have built a compelling Minimum Viable Product – but most of all we’re looking for entrepreneurs with a scrappy and tenacious attitude.

$100,000 isn’t all of the money you’ll ever need, but it’s enough for a determined team to focus full-time on building a minimum viable product and finding product market fit for about a year. We give you free rent, free server hosting, a lot of other free stuff to make that $100,000 last as long as possible.

The winner will receive:

  • $100,000 cash investment on a SAFE or Convertible Note. We will make you detailed offer before you decide to participate in the final round of the competition.
  • Special access to an A-List of Austin’s top entrepreneurs who add value far beyond the money you received
  • 1 year of membership in Capital Factory’s startup accelerator
  • 1 year of unlimited co-working at Capital Factory
  • Hundreds of thousands of dollars in free hosting credits from Amazon Web Services, Google Cloud, IBM Softlayer, Microsoft & Rackspace, plus many other cloud services you use
  • Access to the Capital Factory Mentor network
  • Company formation if needed by startup law firm Kastner, Huggins, Reddien & Gravelle (KHRG)

Think you’ve got a shot? Apply now on AngelList to be one of 5 teams selected to pitch on Funding Day on September 29th. You could walk away with $100,000!

Interested in hearing more? We’ll be hosting info sessions at Capital Factory in Austin on September 7th. As well as at The DEC in Dallas on September 6th.

Questions? Reach out to accelerator@capitalfactory.com

Zayo Expands Austin Presence with Capital Factory

It’s hard to function when your career is internet based, and you’re constantly seeing the dreaded “rainbow wheel.” As the center of gravity for tech entrepreneurs in Austin, that just isn’t acceptable.

We’re excited to announce an amazing partnership with Zayo to provide high-performance Dedicated Internet Access (DIA) to all of our members. Say goodbye to those frustrations and give them the boot with 4G of shared bandwidth throughout the space.

Headquartered in Boulder, Colorado, Zayo provides Communications Infrastructure services, including fiber and bandwidth connectivity, colocation and cloud services to the world’s leading, high-growth companies. With Zayo now in our space, members can feel confident in a trusted, reliable internet network.

Launching as a startup only 10 years ago, Zayo remains true to its entrepreneurial roots as it expands globally. The company was the top pick in MSN Money’s April feature, “The Most Successful Company the Year You Were Born,” joining many of the world’s leading tech companies, like Cisco, Amazon, and Google.

Startups are frequently turning to dedicated infrastructure solutions to accommodate rapid changes in size and scope. Zayo’s network powers companies around the world by providing high-speed bandwidth and connectivity options along with the flexibility to scale. We understand that launching your business requires a dependable and easily accessible high-speed internet connection, which is why we are so excited to have Zayo here.

“Zayo is excited to get involved in the startup ecosystem,” says Sandi Mays, Zayo’s CIO. With goals to share thought leadership, participate in startup events, and advocate for startup growth, Zayo is determined to empower small businesses. Mays shares that Zayo is ready to “build meaningful partnerships with entrepreneurs and the Austin tech community. [Zayo’s] mission is aligned with Capital Factory and we are thrilled to work together on driving innovation forward and empowering startup growth.”

Zayo applauds the Capital Factory community for its innovation and progress and is dedicated to continuing this leadership by enabling global innovation. Having Zayo as part of the Capital Factory community is the next step to national expansion and engagement with innovative startups. As startups begin to graduate out of Capital Factory to their own dedicated space, we hope they will go on to use Zayo as their designated internet provider. For more information, check out their website.