“Fostering a culture of entrepreneurship is one of the most powerful ways universities act as economic accelerators, which in turn drives the future of economic stability, as ATI has proved,” says Art Markman, director of the IC2 Institute. “Just as ensuring entrepreneurship is part of the academic experience, which inspires industry creativity and innovation.”

For decades, ATI focused on three industries: hardware, software and semiconductors. Industries that are now part of Texas’ global reputation. Looking forward, ATI is committed to developing more “deep tech” startups. This term refers to companies that want to use technology to solve major problems faced by humanity today and in the future. ATI is currently supporting companies tackling global problems in circular economy, energy, food and ag tech, health care, mobility and water sustainability.

“We are working with innovators that are solving problems around capturing carbon efficiently, developing a clean, sustainable water supply, new drugs for cancer treatment, recycling plastics and other waste to build a circular economy, and so much more,” said Mitch Jacobson, director of the Austin Technology Incubator.

What the next three decades hold for the future of technology is anyone’s guess. Whatever that entails, ATI says it will be there, investing in a better future and expanding the startup ecosystem for which Austin is so proudly known.



READ SOURCE

READ  Why Ikea, H&M Are Funding Tech Startups - pymnts.com

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here