Austin Technology Incubator

Back to The Future of a Higher-Minded Austin With a New University Devoted to That Idea

I’ll give the benefit of doubt to the new University of Austin (UATX), which can bring together a young MAGA Republican and a student activist in Black Lives Matter and help them listen to one another, politely debate, and even find a bit of common ground.

It’s a hard thing to define, this “Austin ethos”, of culture, music, livability, and a progressive outlook, all coming together for decades to make our city such a unique place. But an even harder challenge, we are discovering, is protecting and nurturing these abstract but very real civic virtues to help us chart the future amid breathtaking change – from the metamorphosing skyline to endless transportation woes to the transformation of the economy.

As a native of this city, I’m proud that we’re a microcosm in many ways of the best of future-focused America. At the same time, I have a growing concern that we also are becoming a microcosm of our nation’s new failings, in particular with the collapse of civility, the instincts of polarization, and the us-versus-them attitudes that frame so many uncompromising debates. I hardly need to mention how this collapse into grievous division is smothering us nationally, or even internationally. While writing this essay, the Wall Street Journal posted a poll finding that just 58% of Americans believe that tolerance for others is very important, down from 80% just four years ago. Sadly, the mood here is similar to this malaise at our doorstep.

TechStars launches in Austin and applications are open now

Well here we are the week after with more incredibly exciting news. Yesterday, TechStars launched in Austin. They are the leading brand and one of the most recognized accelerators for the brightest technology entrepreneurs. This is a big shot in the arm for the Austin technology market - nearly every tech-centric U.S. city aspires to have TechStars in their community. Their Austin program, which starts in August, will add approximately 10 talented teams annually to our already vibrant tech scene. At Austin Ventures, we have gotten to know the TechStars organization over the years and we are very fortunate to have Jason Seats, a former successful entrepreneur, move to Austin and run the program. Mike Dodd from Austin Ventures especially deserves a lot of credit here. TechStars Austin will be a great compliment to the other flourishing Austin based accelerators, including Capital Factory, where TechStars Austin will actually be located in an alliance between the two. Great companies like SendGrid and Cloudability were propped up by TechStars.