Tag: Beam Angel Network

How the San Antonio Startup Ecosystem Has Changed in 2020
Articles, Featured

How the San Antonio Startup Ecosystem Has Changed in 2020

What a difference a year makes. While San Antonio's entrepreneurial ecosystem has grown in 2020, our predictions at the end of 2019 didn't include a global pandemic. The San Antonio Startup Ecosystem Map represents a somewhat sequential startup life cycle. This macro-level graphic lists local resources available in San Antonio throughout an entrepreneur's journey, from a student interested in starting a company to a CEO looking for investment to scale operations. Compared with our first map version (which showed the startup resources in San Antonio from February to November 2018), San Antonio has since added many programs, organizations, and stakeholders supporting local startup activity. What has changed in San Antonio's startup ecosystem since the beginning of 2020? We noted fou...
Beam Angel Network For Female-Owned Startups Launches Across Texas
Articles, Featured

Beam Angel Network For Female-Owned Startups Launches Across Texas

A new investor network is looking to close the massive gender funding gap for female-run startups. Women@Austin, a nonprofit organization focused on supporting female entrepreneurs, is launching the Beam Angel Network, the first Texas-based angel network for women-founded companies. Investors will fund early-stage, Texas-based, women-founded companies with high potential. Beam will aim for diversity and equity within their investor community, deal flow, founders, and community partners, said Jessica Gaffney, CEO  and executive director of Women@Austin. The share of venture capital or VC dollars that flowed into startups founded by a woman or a group of women in 2019 was $3.54 billion—only 2.7% of total VC investment. Yet, companies with a female founder perform 63% better than all-male f...