Concordia University, Tech Ranch to start business accelerator program for Northwest Austin

Tech Ranch CEO Kevin Koym, left, and Concordia University President Donald Christian announced a new business accelerator called the Incubator for Innovation and Impact will open next spring at the university's Northwest Austin campus.

Tech Ranch CEO Kevin Koym, left, and Concordia University President Donald Christian announced a new business accelerator called the Incubator for Innovation and Impact will open next spring at the university's Northwest Austin campus.

Concordia University Texas and Tech Ranch Austin have announced they plan to open a new business accelerator on the campus of the Northwest Austin university.

The program is called the Incubator for Innovation and Impact and is scheduled to open in spring 2017. It will offer a variety of resources to local entrepreneurs, including a coworking space, classes, audio and video production and print and mailing services.

“Partnering with Tech Ranch in this new venture allows our university to take advantage of the strength of Tech Ranch’s brand in the area of innovation and entrepreneurship, and promote Concordia’s mission of developing leaders in new and exciting ways,” Concordia President and CEO Donald Christian said in a news release.

The program will also connect entrepreneurs with professors and business mentors as well as Concordia students to hire for administrative, operational and research work.

"I am excited that the partnership with Concordia provides access to an untapped and fresh talent pool that can provide a new perspective not historically tied to the Austin startup community, creating a new opportunity for growth and impact,” Tech Ranch CEO Kevin Koym said in a news release.

Concordia announced in 2014 that it would develop an incubator project to help local business entrepreneurs, noting a lack of similar programs in the Northwest Austin area where the university's campus is located.

Business incubator projects vary in the ways they help entrepreneurs. Assistance can include providing seed money, expert resources and office space in exchange for equity or a percentage of ownership in the prospective company.


MOST RECENT

Williamson County added 54 confirmed cases of the coronavirus Sept. 18. (Courtesy Adobe Stock)
Williamson County adds 54 confirmed cases of coronavirus Sept. 18

As of Sept. 18, eight patients are hospitalized, four are in intensive care units and seven are on a ventilator.

Round Rock ISD families can now monitor the number of confirmed positive coronavirus cases by campus. (Courtesy Adobe Stock)
Round Rock ISD launches COVID-19 dashboard

Round Rock ISD families can now monitor the number of confirmed coronavirus cases by campus.

Central Health administrative building in Austin
Central Health finalizes budget with increased tax rate, more health care services for low-income residents

Local health care district Central Health is budgeting a nearly $20 million increase in health care delivery services for Austin’s low-income residents.

"This season is a big, black box, and there are a lot of unknowns, as far as what the season's going to look like," said Dr. Bradley Berg, a BSW pediatrics doctor in Round Rock. (Courtesy Fotolia)
Baylor Scott & White Health to host 9 Austin-area drive-thru flu shot clinics

"This season is a big, black box, and there are a lot of unknowns, as far as what the season's going to look like," said Dr. Bradley Berg, a BSW pediatrics doctor in Round Rock.

A band performs at the Mohawk on Red River Street. (Christopher Neely/Community Impact Newspaper)
Six months into pandemic, Austin officials scrambling to save music venues, child care facilities and restaurants

City Council is set to begin making choices on which businesses to try to save on Oct. 1.

Over 11,000 students returned to RRISD campuses this week as in-person learning resumed Sept. 15. (Community Impact staff)
'I’ve cried almost every day': Inside Round Rock ISD's return to in-person learning

Over 11,000 students returned to RRISD campuses this week as in-person learning resumed Sept. 15.

Dr. Sam Rolon is a physician for Baylor St. Luke's Medical Group Creekside Family Medicine in The Woodlands. (Courtesy St. Luke's Health)
Q&A: St. Luke's physician shares advice on flu season, vaccine and prevention

The influenza vaccine is recommended for nearly all patients of all ages ahead of this year's flu season, Dr. Sam Rolon said.

student in mask
TEA launches statewide COVID-19 dashboard for public schools

The Texas Education Agency, in collaboration with the Texas Department of State Health Services, has launched its latest COVID-19 dashboard for positive cases in Texas public schools.

Williamson County added 35 new confirmed cases of the coronavirus and two new deaths Sept. 17. (Community Impact staff)
Williamson County adds 35 confirmed cases, 2 deaths to coronavirus count Sept. 17

Of the total cases reported, 8,187 are estimated to have recovered.

Austin City Limits Music Festival will present a free virtual broadcast from Oct. 9-11. (Jack Flagler/Community Impact Newspaper)
Free virtual broadcast of ACL Music Festival to be held Oct. 9-11 and more Central Texas news

Read the latest business and community news from the Austin area.

Gov. Greg Abbott said Sept. 17 that data from Texas' 22 hospital regions will dictate when certain businesses can reopen at 75% capacity. (Screenshot of Sept. 17 press conference)
Texas Gov. Greg Abbott: Retail stores, restaurants, office buildings, gyms can reopen at 75% capacity as early as Sept. 21

Nursing home and long-term care facilities will also be allowed to reopen for visitation as early as Sept. 24.

Austin City Limits Music Festival will present a free virtual broadcast from Oct. 9-11. (Jack Flagler/Community Impact Newspaper)
Austin City Limits Music Festival to present virtual broadcast Oct. 9-11

The in-person form of the 2020 festival was canceled for the first time since it began in 2002.