Everything you need to know about the startup scene in Austin

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Austin startup ecosystem

Welcome to the heart of Texan innovation - Austin's lively startup ecosystem! From high-growth startups to resourceful VCs and creative coworking spaces, the city is a playground for entrepreneurs.

Mentors in Austin

CFO turned SAAS Entrepreneur. I built a company to automate an antiquated and time-intensive industry (fractional CFO services) and make those services accessible to all business owners. I am obsessed with automation and efficiency and love all things AI and cloud-based.

Blair Morrison
CEO & CFO

Serial entrepreneur with experience in B2C and B2B, bootstrapped and venture funded. Can help with all stages of your business, from getting your MVP off the ground and customer research to optimizing existing growth processes, building out a scalable inbound acquisition channel, fundraising etc. .

Sumanyu sharma
Head of Data (Ex-Tesla, Ex-Citizen)
Chris More
Product Lead, New Products (Innovation) at

Hi! I’m Claire. I’m a growth marketer with an extensive analytical background. I love A/B tests, and I have a broad range of experience, from Conversion Rate Optimization, to Email Automation, to Reporting, and lots in between.

Claire Schmitt
Growth Manager

Serial entrepreneur with experience in B2C and B2B, bootstrapped and venture funded. Can help with all stages of your business, from getting your MVP off the ground and customer research to optimizing existing growth processes, building out a scalable inbound acquisition channel, fundraising etc. .

Sweta govani
Marketing Coach | 2x Solo Marketer

Over my entrepreneurial journey, I have started and led three companies. One retail business and two technology startups (both B2B SaaS). My first tech business was bootstrapped and my second one has seed funding.

Melissa Unsell-Smith
Founder at Rectify

Hudson is an expert in consumer product goods (CPG), food & beverage, ecommerce (DTC), wholesale, sales, branding, packaging, hiring, team-building, brand-building, supply chain, Shopify and everything related.

Hudson Gaines-Ross
CEO | CPG, DTC & Wholesale Specialist
Haley Carpenter

I’m specialized in user research, experimentation, & client relations. I consult, execute, & train. I’ve worked at big names in the industry like CXL & Optimizely, and I’ve worked with all kinds of clients. I just went out on my own & founded a company.

Haley Carpenter
Founder at Chirpy

GrowthMentor events in Austin

Frequently asked questions?

What industries or sectors are dominant in Austin's startup ecosystem?

Austin’s startup ecosystem is particularly strong in technology, specifically within the sectors of software, hardware, biotech, green tech, and edtech. It’s also a significant hub for music and film startups, reflecting the city’s cultural strengths.

What are the key accelerators available for startups in Austin?

Key startup accelerators in Austin include Techstars Austin, Capital Factory, and Austin Technology Incubator. These programs offer valuable resources such as mentorship, funding, office space, and networking opportunities.

 

What local funding opportunities are available for startups in Austin?

Austin has numerous venture capital firms, angel investors, and grant opportunities for startups. Notable VC firms include LiveOak Venture Partners and Silverton Partners. The city also hosts various startup pitch competitions offering funding.

Are there any tax incentives designed to support startups in Austin?

Texas offers various tax incentives for businesses, such as franchise tax exemptions and the R&D Tax Credit, which can be particularly beneficial for startups.

What is the cost of living and operating a business in Austin?

While the cost of living in Austin is higher than the Texas and national averages, it remains significantly lower than in Silicon Valley and New York. The costs of running a business, including office space, utilities, and salaries, are generally more affordable compared to other tech hubs.

What is the talent pool like in Austin?

Austin’s talent pool is diverse and highly skilled, particularly in tech and creative sectors. The city’s vibrant lifestyle, coupled with the presence of the University of Texas, continues to attract and retain top talent.

How is Austin's infrastructure conducive to startup growth?

Austin offers an excellent digital infrastructure, ample coworking spaces, and a strategic geographical location. Furthermore, the city’s strong community culture fosters a collaborative environment that is conducive to startup growth.

Are there any major networking events focused on startups in Austin?

Austin hosts significant networking events, including Austin Startup Week and SXSW, which are prominent platforms for startups to connect with investors, entrepreneurs, and industry leaders.

What is the regulatory environment like for startups in Austin?

The regulatory environment in Austin is generally considered business-friendly. The State of Texas has a reputation for having a low-regulation environment and provides various resources to help businesses navigate any necessary legal and regulatory requirements.