WHAT IS THE INCUBATOR FOR INNOVATION & IMPACT?
The Incubator for Innovation and Impact was established as a partnership between Concordia University Texas, an Austin-based institution of higher education, and Tech Ranch, an Austin startup accelerator.
Founded in order to enrich the community with an accessible ecosystem that amplifies an entrepreneur’s resources, opportunities, and impact, the Incubator’s framework enables entrepreneurs to discover and execute business practices that positively impact local and global communities.
The Incubator embodies Concordia’s strategic vision as noted by Concordia President and CEO Dr. Donald Christian, “One of Concordia’s strategic priorities is to partner deeply with our community. 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 also recognized the Incubator’s ability to enhance the education of its students by providing real-world application to concepts learned in the classroom. Access to lectures from angel investors, successful serial entrepreneurs, venture capitalists, and other prominent individuals from the startup community, along with hands-on project opportunities, will open doors for students and entrepreneurs to find their true vocation and meaningful work.
The Incubator provides unparalleled access to expand the community and possibilities as expressed by Kevin Koym, CEO Tech Ranch, “I am excited that the partnership with Concordia provides access to an untapped and fresh talent pool who can provide a new perspective that has not been historically tied to the Austin startup community, creating a new opportunity for growth and impact.”
The goal of the Incubator is not only to have an impact on Austin and Central Texas, but to have an impact on the world.