Capital Factory

Capital Factory is a technology incubator and co-working space located in downtown Austin, Texas.[1]

It has more than 140 partners and mentors who invest in companies that participate in the incubator.[2] Prominent companies that have participated in the Capital Factory incubator include WP Engine and SpareFoot. Capital Factory frequently collaborates with companies, nonprofits, and government agencies to offer programs that promote startup formation and support services. For example, in June 2016, it announced a one-year pilot program in partnership with the City of Austin named the Austin Reciprocal Soft Landing Pads program.[3] This program, which is part of Capital Factory's international group [4] is initially a $45,000 fund, which is expected to help support six to eight companies for a period of three to six months each. In 2015, Capital Factory hosted 900 events and 48,000 visitors. It reported 805 members, as of April 2016.[5]

References

  1. ↑ "Capital Factory – Incubator, Accelerator, Coworking, Meetups, Hackathons for Entrepreneurs, Designers, Programmers and Angel Investors". capitalfactory.com. Retrieved 2016-06-21.
  2. ↑ lalorek. "Capital Factory: Evolving at Hyperspeed". SiliconHills. Retrieved 2016-06-21.
  3. ↑ http://www.mystatesman.com/news/business/business-digest-capital-factory-city-of-austin-set/nrb8k/
  4. ↑ "Touchdown Austin". touchdownaustin.com. Retrieved 2016-06-21.
  5. ↑ "Go inside Capital Factory — Austin's 'entrepreneurial center of gravity' - Austin Business Journal". Austin Business Journal. Retrieved 2016-06-21.
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