Tag: Iris Gonzalez

7 Tips on How to Win Non-Diluting Federal SBIR, STTR Grants
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7 Tips on How to Win Non-Diluting Federal SBIR, STTR Grants

Scientists are always looking for ways to fund their research. But what if you want to translate discoveries into a viable product or service for the marketplace? Read Part 1 on what you should know about non-diluting federal SBIR and STTR funding to learn about tapping into the Federal Government's "America's seed fund" of early-stage funding.If you are ready to prepare a winning proposal to win funding for your research, read the seven tips we collected from experts and successful researchers who have earned a Small Business Innovation Research Program, or SBIR grant, or an STTR or Small Business Technology Transfer grant. Design your R&D approach with commercialization in mind. StemBioSys senior researcher Travis Block has won two SBIR grants, one to fund work at StemBioSys, t...
What You Should Know about Non-Diluting Federal SBIR, STTR Funding
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What You Should Know about Non-Diluting Federal SBIR, STTR Funding

Scientists are always looking for ways to fund their research. But what if you want to translate discoveries into a viable product or service for the marketplace? Successfully tapping into the Federal Government's "America's seed fund" of early-stage funding can make or break commercialization efforts, especially since you don't have to give up equity in exchange.Researchers should familiarize themselves with the $2.5 billion annual set aside for the U.S. Small Business Innovation Research Program, also known as SBIR, and the Small Business Technology Transfer program, or STTR. These two initiatives are the largest source of federally-funded early-stage, high-risk funding for startup companies. Designed to meet specific needs for federal government research and development (R&D), S...
Clean Energy Generator and Two Biomedical Devices Declared Winners at UTSA CITE Competition
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Clean Energy Generator and Two Biomedical Devices Declared Winners at UTSA CITE Competition

A clean energy generator, a video-aided laryngoscope, and a cooling prosthetic socket caught the attention of judges at The University of Texas at San Antonio (UTSA) venture competition Tuesday. EnVault, the student team that created a zero-emissions portable generator, won the top prize at UTSA's $100,000 Student Technology Venture Competition.UTSA's Center for Innovation, Technology and Entrepreneurship (CITE) hosts the annual competition to give students hands-on experience as early-stage entrepreneurs. CITE is an interdisciplinary center in UTSA's Colleges of Business and Engineering formed in 2007 to create a pipeline for UTSA faculty, students and the surrounding business community to develop new technology ventures.  The top three teams will have access to a prize pool of more t...
Cliently Scores $1M Seed Round from Active Capital, Moves to San Antonio
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Cliently Scores $1M Seed Round from Active Capital, Moves to San Antonio

One San Antonio-based venture capital firm is living up to its name, investing actively in promising business to business (B2B) software as a service (SaaS) startups which in this case, has lead to a promising company relocating to San Antonio.Cliently announced Tuesday its $1M million seed funding round led by Active Capital with participation from the Altair Capital Management company based in Tel Aviv, Israel. This most recent round is Cliently’s largest to date, having raised $500,000 previously. Active Capital’s investments include software businesses across the U.S. led by founders offering B2B services such as cloud computing, sales generation, and accounting technologyCliently chief executive officer (CEO) Spencer Farber launched the company to provide businesses an automat...
UTSA Startup Leaptran Wins Award for Sustainable Energy Innovation
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UTSA Startup Leaptran Wins Award for Sustainable Energy Innovation

Leaptran, a San Antonio startup spun out of The University of Texas at San Antonio (UTSA), has garnered the international Smart 50 Award for its energy monitoring and control system for buildings.The Smart 50 Awards, in partnership with Smart Cities Connect (SCC), the Smart Cities Connect Foundation, and US Ignite, annually recognize the world’s top 50 most transformative smart cities projects each year. San Antonio is the only city on the list of 50 awardees with two projects that were awarded this distinction. The other is Cityflag, which won the award for its 311SA community engagement application developed for the City of San Antonio.Read more: San Antonio 311SA App Wins Smart 50 Award for CityflagLeaptran chief executive officer Jeff Xu accepted the award this month at the...
Active Capital Leads $1.8M Seed Round for Startup Back Office
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Active Capital Leads $1.8M Seed Round for Startup Back Office

Back Office, the automated bookkeeping platform for small businesses, announced a new $1.8 million seed funding round led by venture capital firm Active Capital. Other early-stage investors include 500 Fintech, PlugNPlay Ventures, and angel investors from San Francisco, New York, Florida, and Boston.Active Capital is headquartered in San Antonio, Texas and invests in (B2B) software as a service (SaaS) companies in cities across the U.S.Co-founders Felix Rodriguez, Glennys Rodriguez, and Edwin Mejia launched Back Office in January 2018 to help businesses automate their accounting and finance operations. Based in West Palm Beach, Florida, the emerging B2B SaaS company recently graduated from 500 Startups, a Silicon Valley-based seed accelerator. Back Office was one of 20 companies ou...
UT Health San Antonio Launches New Accelerator for Researchers
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UT Health San Antonio Launches New Accelerator for Researchers

A new accelerator program designed for aspiring life science entrepreneurs has joined San Antonio's entrepreneurial ecosystem.Biomedical research institution UT Health San Antonio is launching TechNovum, a new technology commercialization accelerator for faculty researchers interested in developing their inventions for the market. John Fritz and Sean Thompson of the Office of Technology Commercialization at UT Health are co-directors and mentors for the new program and will lead the educational coaching sessions. Each cohort will run annually from June through October. Plans for the first cohort are to invite five to eight teams of founder-inventors to join the program to develop medical devices for the market. The teams will meet weekly, typically in the evening, for two- to three-ho...
Alamo Angels Investor Group Searches for New Executive Director
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Alamo Angels Investor Group Searches for New Executive Director

San Antonio-based Alamo Angels, a group that invests in startups, announced Cat Dizon is leaving the executive director role and will be transitioning out later this month, according to an email sent to Alamo Angel members Tuesday.Before joining Alamo Angels in September 2018, Dizon was co-founder, chief operating officer, and partner at Active Capital, a venture firm based in San Antonio focused on leading seed rounds for business-to-business software as a service (SaaS) companies. She continued as a part-time Active Capital venture partner throughout her tenure at Alamo Angels and plans to return to Active Capital to help grow the firm she co-founded.Read more: Alamo Angels Names Cat Dizon as Its New Executive Director"With the support of Pat [Matthews, Active Capital founde...
Scaleworks Startup Mailgun Announces Exit with Private Equity Firm Thoma Bravo
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Scaleworks Startup Mailgun Announces Exit with Private Equity Firm Thoma Bravo

Mailgun Technologies, Inc., a provider of email infrastructure software, announced Monday it sold a majority stake in the company to private equity firm Thoma Bravo, a leading software-focused private equity investment firm. The transaction closed on March 26, as reported by Thoma Bravo financial advisor William Blair.Mailgun is a leading email automation platform provider for software developers and was one of eight startups in Scaleworks' portfolio. The San Antonio firm is a  hybrid venture capital and private equity fund that uses its capital to help grow the business-to-business technology startups it acquires. It was co-founded by former Rackspace executive Lew Moorman and investor Ed Byrne.The companies did not share terms, but this is the second owner for Mailgun. The compan...
Active Capital Leads $1.75M Seed Round for Software Startup Cloudsnap
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Active Capital Leads $1.75M Seed Round for Software Startup Cloudsnap

A fast-growing Austin-based startup quietly operating since last summer has captured the attention of one San Antonio-based venture firm. Software company Cloudsnap announced Wednesday that Active Capital, which invests in early-stage software-as-a-service (SaaS) startups, is leading its $1.75 million seed round.Cloudsnap offers mid-sized companies a cloud-computing Platform as a Service (PaaS) system.  Their platform automates the secure transfer of data between third-party software applications and a company's enterprise resource planning or ERP business process management software. Companies use their ERP software to manage and integrate their financial data, supply chain, operations, reporting, manufacturing, and human resource activities across a business.Active Capital's inve...