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Geekdom Will Launch New Cybersecurity Accelerator In 2022
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Geekdom Will Launch New Cybersecurity Accelerator In 2022

Geekdom announced Tuesday the launch of a new accelerator program for cybersecurity startups that will debut in 2022. The downtown San Antonio coworking community has partnered with gener8tor, a nationally ranked Wisconsin-based accelerator that invests in high-growth startups, to oversee the new startup program. The gener8tor platform offers more than 40 different programs such as accelerators, corporate programs, speaker series, conferences, upskilling, and fellowships. They operate in 29 U.S. cities, 16 states, and three countries. Troy Vosseller, co-founder and managing director of gener8tor, said the San Antonio program would be open to startups across the U.S. "Talent is growing in cybersecurity and it's growing in downtown San Antonio," San Antonio Mayor Ron Nirenberg said. “A cy...
Turn Medical Automates Patient Prone Positioning for Critical Care
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Turn Medical Automates Patient Prone Positioning for Critical Care

A San Antonio medical device company is coming out of stealth mode to launch its first product for critically ill patients with severe respiratory issues. Turn Medical is commercializing its automated hospital bed that rotates the patient safely and easily to a prone position onto their abdomen.Prone positioning is recommended for critically ill patients with severe acute respiratory distress syndrome (ARDS), which accounts for about 10% of all admissions to intensive care units (ICUs) worldwide. Prone therapy is now considered the standard of care for those with severe ARDS to reduce lung trauma and improve outcomes, especially for those on a ventilator.Tara Psencik, CEO and co-founder of Turn Medical, told Startups San Antonio they are looking to launch its bed, called the Pronov...
How Many Shares Should Your Startup Authorize Upon Launch?
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How Many Shares Should Your Startup Authorize Upon Launch?

José Padilla is an attorney and the owner of Padilla Law PLLC, where he represents startups and investors. His practice focuses on the formation, seed and VC financings, private equity, acquisitions, strategic corporate transactions, and general advisory regarding corporate and financing strategy. New startups often launch with 10 million authorized shares. Founders often ask me, “Why 10 million shares?”Before answering how many shares of stock a new startup should issue, founders must first understand the difference between authorized, issued, and outstanding shares. What is the difference between authorized, issued, and outstanding shares? The number of authorized shares is the maximum number of shares that a corporation is legally allowed to issue to its investors and stockhol...
Healthtech Startup Thummi Wins $25,000 at VelocityTX Demo Day
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Healthtech Startup Thummi Wins $25,000 at VelocityTX Demo Day

Thummi, a healthtech startup originally from Brazil, won the $25,000 prize at the VelocityTX Demo Day pitch competition Thursday.Since summer, six early-stage bioscience companies from Texas, Brazil, and Chile have participated in VelocityTX's 16-week BioGlobal Accelerator program. VelocityTX is an innovation center that runs an accelerator program designed to help startups in the medical devices, biotech, and healthcare technology spaces.The founders pitched to five judges and a Tobin Center audience Thursday evening. Mentors, judges, and audience members voted for the six teams using an app. VelocityTX provided the $25,000 in equity-free funding.Thummi's founder and CEO Dr. Alessandra Morelle became an oncologist after her tuberculosis diagnosis at the age of 13. She experien...
Boerne Launches Startup Incubator Program in Public-Private Partnership
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Boerne Launches Startup Incubator Program in Public-Private Partnership

The City of Boerne, Texas, is supporting startups and the region's economic development with plans for a new incubator program to launch in 2022.The nonprofit public-private partnership between the City of Boerne and the recently formed Boerne Kendall County Angel Network or BKCAN is behind efforts to build a local entrepreneurial ecosystem, starting with an incubator program located in the former Boerne Public Works building, next door to the former Boerne City Hall."The 6,700 square foot building is in good shape and it's centrally located," said Amy Story, president and CEO of the Boerne Kendall County Economic Development Corp. "We're focused on creating opportunities for our residents to pursue careers where they grew up in a space where entrepreneurs can build a successful st...
Mind Science Awards $30,000 to BrainStorm Pitch Winner from Stanford Univ.
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Mind Science Awards $30,000 to BrainStorm Pitch Winner from Stanford Univ.

Mind Science, a San Antonio-based nonprofit organization, announced the winner of its virtual 2021 neuroscience pitch competition Wednesday evening. Ben Rein, a Stanford University neuroscientist, won the first-place prize of $30,000 for his research on how social development impacts brain development.Launched in 2018, the BrainStorm Neuroscience Pitch Competition is designed for early‐career neuroscientists teamed with senior primary investigators. The equity-free funding helps support pilot studies so young researchers can demonstrate a proof of concept when applying for grants that can support further investigation. Rein's Ph.D. dissertation focused on autism and the brain.  The researcher was "studying genetic risk factors for autism, but now I'm focused on how social experienc...
Rackspace Co-Founder Launches Jobward App For Job Seekers
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Rackspace Co-Founder Launches Jobward App For Job Seekers

The demand for talent is real, yet the hiring process isn't nearly as efficient and effective as it needs to be. That challenge to make job hunting easier for qualified candidates is what has been keeping Rackspace co-founder Dirk Elmendorf busy in building Jobward, a new startup for job seekers.Working alongside his brother and long-time collaborator Brett Elmendorf, Natalie Karney, and Drew Hicks, the co-founders seek to help job applicants match their resume to a job posting. The team's research and app-building have taken about two years, as their earlier iteration last fall didn't quite fit the bill.The founders announced Jobward's official launch during a San Antonio Startup Week panel."I had the idea originally when unemployment was at about 4%, before the pandemic," Dir...
Texas Venture Firm Capital Factory Launches Location at Port San Antonio
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Texas Venture Firm Capital Factory Launches Location at Port San Antonio

Capital Factory, an Austin-headquartered venture capital firm that helps technology innovators scale their growth via strategic partners and investors, has signed an agreement with Port San Antonio to open its latest location in the Port's Tech Port Center + Arena.The Port's 130,000-square-foot innovation center is located at the corner of General Hudnell Drive and 36th Street and is slated to open in April 2022. The new facility will be home to the expanded San Antonio Museum of Science and Technology, a 24-hour state-of-the-art e-gaming arena, and a collaborative technology research and development (R&D) laboratory for innovators.In addition to its office space, Capital Factory will also operate the Tech Port Center's collaborative tech R&D lab. Capital Factory members working on...
San Antonio’s Newest Business Incubator Emerge and Rise Teaches Small Businesses How to Succeed
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San Antonio’s Newest Business Incubator Emerge and Rise Teaches Small Businesses How to Succeed

Lina Rugova is the founder of the nonprofit Emerge and Rise business incubator, while John Knotts is the co-founder. Their guest post shares about Emerge and Rise incubator resources available for small business owners.New businesses are the economy’s lifeblood, but starting one can be difficult for entrepreneurs who have big ideas but little experience or funding. For starters, service-based businesses are not the same as product-oriented businesses and require different strategic thinking. A service-based business is one that provides an intangible product performed by a team or an individual.To support these small business owners, San Antonio's Emerge and Rise nonprofit small business incubator offers training in business skills, marketing, legal issues, and accounting to give t...
Dry Line Partners Backs Jungle Disk Acquisition of 3 Tech Companies
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Dry Line Partners Backs Jungle Disk Acquisition of 3 Tech Companies

The new San Antonio and Austin, Texas-based private equity fund Dry Line Partners LLC has announced its first business acquisitions that will help grow an Alamo City cybersecurity company.  Dry Line worked with Porthcawl Holdings LLC to back Jungle Disk’s purchase of three businesses from parent company J2 Global, Inc., a leading internet information and services company with a portfolio of brands. The acquired businesses, KeepItSafe, LiveVault, and OffsiteDataSync., will bring these three "global backup and disaster recovery businesses under a common ownership, increasing the capabilities for us [Jungle Disk] to meet customer needs," said Bret Piatt, CEO of Jungle Disk, a San Antonio online backup software service and data security company.Piatt is an entrepreneur and investor wh...