Month: March 2018

FloatMe App Links Workers to Paycheck Sooner for Less
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FloatMe App Links Workers to Paycheck Sooner for Less

Financial emergencies can happen anytime. When they do, a surprise expense that pops up in-between paychecks can trigger late fees from not paying bills on time, to mounting bank fees from over insufficient funds and overdraft fees, to exorbitant interest on payday loans. Founder Josh Sanchez experienced this when he had unexpected car expenses once and was short that week. After getting a payday loan for $200 that turned into a $250 payback balance after only two weeks, Sanchez started thinking of less expensive options to access money short term. His idea turned into FloatMe, an app that enables workers to get a “float” or short-term advance on their next paycheck without paying hefty fees or interest. Once Sanchez paid back his payday loan, he discovered the high costs for many de...
Trinity University Awards Seed Money at Stumberg Competition
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Trinity University Awards Seed Money at Stumberg Competition

Five Trinity University student entrepreneur teams were each awarded $5,000 in seed funding Tuesday evening in the annual Louis H. Stumberg Venture Competition. This university-wide competition consisted of 10 student venture teams selected from a pool of applicants to present their business concepts before a panel of judges with entrepreneurial expertise. The five winning teams pitched wide-ranging businesses: MONA is an augmented reality (AR) app that enables users to use real-world objects like embroidered patches that can project three-dimensional objects in augmented reality when scanned. InterSourcing provides U.S. businesses access to international production and customized solutions in manufacturing when the business is ready to scale up in growth. PATCH, or  Pill Adm...
SASTEMIC Partners with SAMSAT on STEM Learning Programs
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SASTEMIC Partners with SAMSAT on STEM Learning Programs

Elementary school students clustered around a display of an Enigma machine, German encrypting hardware used by Britain's codebreakers to decipher German messages in World War II. In another room, students were busy with hands-on activities creating museum exhibits about the history, current use, and future of computing. SASTEMIC, a nonprofit science, technology, engineering, and math (STEM) education advocacy organization, collaborates with local schools to provide STEM-focused educational programs like this one provided to Forester and Northwest Crossing Elementary schools at the San Antonio Museum of Science and Technology (SAMSAT) Monday morning. The nonprofit museum, founded in 2016 by David Monroe, explores the past, present, and future of technology in San Antonio. The coll...
San Antonio’s STEM Startup Events for the Week of March 26, 2018
This Week in San Antonio

San Antonio’s STEM Startup Events for the Week of March 26, 2018

Matthew Espinoza, co-founder of SABusinessCalendar.com, provides a vital resource for San Antonio’s business community listing by compiling upcoming business events in San Antonio. On average, the SA Business Calendar lists over 150 business events every week from different industry sectors. If you are interested in their full list of business events, sign up for the SA Business Calendar weekly events newsletter at www.sabusinesscalendar.com. Here are some entrepreneurial events scheduled for this week in San Antonio of interest to those innovators working in tech, science, and engineering. Stumberg Venture Competition, Seed Round: Presented by Trinity University-Center for Innovation and Entrepreneurship The Louis H. Stumberg Venture Competition is a two-part pitch event hoste...
The Health Cell Spotlights Healthtech and Medical Device Startups
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The Health Cell Spotlights Healthtech and Medical Device Startups

Have you ever wondered about the difference between a healthtech company and a medical device company? Some may think the descriptors are interchangeable but they are not. Regulatory pathways to get a medical device to market are markedly different than what it takes to get a health-focused technology product in the hands of the consumer. The amount of money it takes to launch and develop products for healthtech and medical device companies is not comparable, either. The Health Cell is sponsoring this panel to help innovative entrepreneurs understand the differences, as well as learn what it takes to launch each of these companies. Register here for the lunch, panel discussion, and question and answer period.  The event will take place April 3, from 11:45 a.m. to 1 p.m. at Magnolia Hall...
VelocityTX Announces New Leadership
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VelocityTX Announces New Leadership

Jorge Varela has stepped down as CEO of VelocityTX as announced in a March 21 statement from Texas Research and Technology Foundation (TRTF). Varela was hired May 2017 to lead VelocityTX, the innovation arm of the longstanding TRTF. Both are tasked with promoting economic development and investing in San Antonio-based businesses. VelocityTX’s focus is to accelerate the process of commercializing ideas, products, services, or processes and guides both domestic startups and international companies entering the market in the U.S. Varela confirmed his departure with Startups San Antonio via text but did not provide further comment. Varela spent the last five years as the director of the startup incubator Tech Fort Worth and was the associate director of entrepreneurship at the UNT Hea...
How Collaboration Contributes to Innovation
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How Collaboration Contributes to Innovation

Dale Bracey has been with Rackspace since 2004 when he started working with the company’s data center hardware inventory. Today, Bracey is a technical account manager who has worked with many San Antonio startup entrepreneurs over the years. Bracey shares his views on the evolution of San Antonio’s startup scene and how he has seen firsthand the benefits of collaboration fostering innovation. San Antonio’s innovation startup community is growing and relatively young in its evolution. In the early stages of most startup ecosystems, you see specialists emerge to focus on their area of expertise. We now have many entrepreneur and innovator groups focused on a single interest, like filmmaking, video game production, bioscience, or information security. Each is hyper-specialist in their resp...
San Antonio’s STEM Startup Events for the Week of March 19, 2018
This Week in San Antonio

San Antonio’s STEM Startup Events for the Week of March 19, 2018

Matthew Espinoza, co-founder of SABusinessCalendar.com, provides a vital resource for San Antonio’s business community listing by compiling upcoming business events in San Antonio. On average, the SA Business Calendar lists over 150 business events every week from different industry sectors. If you are interested in their full list of business events, sign up for the SA Business Calendar weekly events newsletter at www.sabusinesscalendar.com. Here are some entrepreneurial events scheduled for this week in San Antonio of interest to those innovators working in tech, science, and engineering. Geekdom's Blockchain and Bitcoin Educational Series: Presented by Geekdom Join us for the second event in Geekdom's Blockchain and Cryptocurrency Educational Series. This specifically addresses...
The Health Cell’s Boot Camp to Jump-Start Healthtech Startups
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The Health Cell’s Boot Camp to Jump-Start Healthtech Startups

How can healthtech startups leverage artificial intelligence, cloud-based services, innovative software, and other solutions to help transform healthcare? One way is to encourage different industry specialists to work together, guided by expert mentoring, to get an integrated team all the way to successful product development. The Health Cell is providing exactly this jump-start with its HealthTech Boot Camp May 11 to 13, 2018. The three-day weekend event to be hosted at Geekdom is designed to help those early-stage companies focused on disrupting the healthcare industry by leveraging cloud-based technology applications. To register, fill out The Health Cell application form here by May 1, 2018. The cost for the weekend workshop is $150 and $75 for students to cover the costs of all ...
FunnelAI ‘s Artificial Intelligence Finds Real-time Customer Leads in Social Media
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FunnelAI ‘s Artificial Intelligence Finds Real-time Customer Leads in Social Media

The best artificial intelligence (AI) systems extract insights from extremely large datasets. What if AI could tell a company which customers were ready to buy specific services or products, searching across all social data, including social media posts, regardless of platform or forum? Co-founder Sridhar Kamma created the first automated sales funnel company to use AI. FunnelAI provides companies targeted data on potential customers who post about their readiness to buy certain products or services, down to their ZIP code. FunnelAI’s algorithm can sort through millions of social data posts daily, generating sales leads for many different types of companies. Kamma, who is a mechanical engineer and data scientist, found himself looking online for prospects when working on his prior st...