Accelerators and incubators go hand-in-hand with startups and mentoring. The Forbes article The Chief Architect Of Austin’s Tech Revolution Is Betting On This New Population by Murray Newlands describes a new type of accelerator, one focused solely on foreign-born entrepreneurs.
Angelou is an international expert on technology-based economic development, public policy, investment attraction, marketing, and entrepreneurship, and his efforts during his 12 years as Vice President of Economic Development and Chief Economist for the Greater Austin Chamber of Commerce to recruit tech companies are widely regarded as one of the biggest reasons Austin is a thriving tech hub.
According to research by Angelou 30% of all entrepreneurs in the U.S. are foreign-born and nearly 80% of the intellectual property in the U.S. in the high tech sector comes from foreign-born entrepreneurs.
The International Accelerator has an incredible team of mentors – I count 34 on the site.
Here’s what they say about mentoring:
IA matches each portfolio company with a mentor whose experience, knowledge, and network of relationships that complements the needs of the portfolio company. The mentor helps the portfolio company develop plans, goals, and objectives over the portfolio’s yearlong participation in the IA program.
IA mentors have been successful in their fields and they are eager to roll up their sleeves and use their experience to help their companies reach their fullest potential.
The International Accelerator is just one indication of why Austin has become a hub for technology development.