“Don’t start a company unless it’s an obsession and something you love. If you have an exit strategy, it’s not an obsession.”
– Mark Cuban, entrepreneur and investor
According to the U.S. Census Bureau, approximately 97% of all business establishments in North Texas employ fewer than 100 people. Many of these small businesses are young tech startups that need additional support to launch their businesses. They often require working space, capital funding, and networking opportunities in order to fully capitalize on their ideas. Connecting startups with private equity growth funds, venture capital, and angel groups has been a challenge until recently.
Over the last several years, a startup ecosystem has been developing in Dallas-Fort Worth that is helping provide access to these amenities for many of the area’s tech entrepreneurs. Local institutions have created a network of facilities, mentors, and capital investors that support local entrepreneurs as they work to build their businesses.