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ATI welcomes new member company New Dominion Enterprises

San Antonio startup NDE is commercializing breakthrough energy storage solutions.

New Dominion EnterprisesNew Dominion Enterprises, Inc. (NDE) announced this month that they have joined forces with IC²’s Austin Technology Incubator to help commercialize the next significant step forward in energy storage. New Dominion has negotiated an exclusive license with Idaho National Laboratory (INL) for the patents securing the inorganic electrolyte materials that will lead to more durable, longer lasting and safer lithium batteries.

These inorganic electrolyte materials were invented by NDE Chief Scientist and co-founder, Dr. Mason K. Harrup, while he was an Advisory Scientist at INL. NDE’s first product is an electrolyte “additive” that was fully developed and tested under a U.S. government contract. After forming New Dominion with his co-founder Jay Fraser, Harrup continued to innovate and subsequently NDE filed two additional patents covering company-owned intellectual property for a full replacement 100% inorganic electrolyte. These technologies address the heat-related downsides of organic electrolytes thereby improving useful life and reducing safety issues.

When asked how the relationship with ATI evolved, NDE’s president and co-founder, Jay Fraser explained: “This past fall ATI invited us to participate in a market research report as part of a Department of Defense program to explore market acceptance of new technology. Through that program we became interested in ATI and their Clean Energy initiative and began the application process to become an ATI member company. Affiliation with ATI, and through it, IC² and The University of Texas at Austin will help us backstop our management team with skilled mentors and advisors in some of the areas that a small company simply doesn’t have the resources to hire full time.”

Mitch Jacobson, Director of ATI, commented: “We recognize the value of the New Dominion deep technology solution and the potential breakthrough for longer lasting and safer lithium batteries and are excited to have them as a member company.” NDE’s inorganic electrolyte technology has significant market potential in consumer, industrial and defense applications, having been successfully tested in a Department of Defense sponsored program at INL. The application of the technology goes well beyond standard consumer products to also include larger power cells for electric vehicles and energy storage. NDE is now scaling to production levels and commercialization.

About NDE

New Dominion Enterprises is an early-stage technology company commercializing a suite of inorganic electrolyte materials for lithium batteries that will lead to more durable, longer lasting and safer lithium batteries. The first product, an additive, is fully developed and tested, and is in the process of being scaled up.

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ATI member EQO wins $100K top prize at inaugural MassChallenge Texas

Environmental Quality Operations (EQO)ATI member company Environmental Quality Operations (EQO) took home a $100,000 Diamond prize in the inaugural cohort of the MassChallenge Texas competition.

At the August 15 MassChallenge Texas Awards Ceremony, eight startups were awarded a total of $510,000 in equity-free cash prizes.

EQO uses molecular biology to protect lakes from invasive species. Its flagship product is a zebra mussel monitoring and detection service. Zebra mussels are an invasive species with numerous harmful and costly effects, from competing with native fish to clogging pipes in water systems.

EQO joined the Austin Technology Incubator in 2017. Prior to joining, EQO participated in ATI’s SEAL summer accelerator.

MassChallenge is a global network of zero-equity startup accelerators. MassChallenge Texas launched in April 2018 with a cohort of 84 companies.

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EQO wins at MassChallenge Texas

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Glenn Robinson of XLr8 AP delivers keynote at Disrupt Asia in Sri Lanka

On August 11, Glenn Robinson of the IC² Institute gave the opening keynote at Disrupt Asia 2018 in Colombo, Sri Lanka.

Glenn Robinson is Managing Director of the XLr8 Andhra Pradesh Technology Business Accelerator in Visakhapatnam, India, and Assistant Director of the IC² Institute.

In his keynote, Glenn offered perspectives on the development of the Austin “technopolis” and the importance of the collaboration represented by the Triple Helix model in creating a vibrant innovation ecosystem. He provided insights into the remarkable success of the XLr8 Accelerator, which has created the foundation of an innovation ecosystem in Andhra Pradesh state. XLr8 AP’s graduates have attributed ~$4M USD in new funding and revenue to the program and have created ~1,100 new jobs in the state. These outcomes represent >380% ROI on the state’s investment. He highlighted the power of innovation to transform tier 3 cities and provided examples of best practices for similar programs.

In addition to the keynote, Glenn was a panelist on a discussion of the role of government in creating a productive innovation ecosystem, and served as a judge in the final round of the Disrupt Asia Startup Battle. Finalists competed for LKR 300,000 and a trip to Oslo Innovation Week in Norway.

Disrupt Asia is Sri Lanka’s premier startup conference and innovation festival, organized by the ICT Agency of Sri Lanka since 2016. It convened experts from eleven countries to discuss topics such as public policy, security, venture investment, technology business startup creation and the development of a vibrant, balanced innovation ecosystem.

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Glenn Robinson at Disrupt Asia 2018

Glenn Robinson at Disrupt Asia 2018

Glenn Robinson at Disrupt Asia 2018
Photo credit: README.lk CC BY-ND 4.0

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FASTForward graduate Mmmpanadas wins grand prize in HEB competition

Mmmpanadas, a 2016 graduate of the IC² Institute’s FASTForward program, won the grand prize in HEB’s “Primo Picks” competition for up-and-coming Texas-made food products.

The $25,000 grand prize is accompanied by an opportunity to introduce its products to the customers of the retail giant, which operates a chain of over 350 supermarkets across Texas.

Mmmpanadas was founded in 2008 by Kristen and Cody Fields, starting with a single food truck and soon expanding into a frozen food line for their gourmet empanadas. In 2016 they participated in IC²’s FASTForward program in order to develop the skills and strategies to scale up their business.

FASTForward is a 10-week training program for Austin-based small businesses designed to accelerate business growth and maximize profit. FASTForward was developed by the IC² Institute and supported by the City of Austin. Since 2016, 31 small Austin companies have participated in the program from numerous sectors – food, apparel, maintenance services, education, design, arts management, and more.

Kristen Fields credits FASTForward with a big part of Mmmpanadas’ success. “FASTForward gave me the room to learn and grow. And I don’t think I would have won if I hadn’t had the experiences granted to me via FASTForward,” she said.

Another recent FASTForward success story is Garbo’s, which was chosen Best Food Trailer by Austin Monthly readers in the annual Best of ATX poll. Garbo’s sells lobster rolls and other New England cuisine from its two trucks, and was a 2017 graduate of FASTForward.

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Hear ATI director Mitch Jacobson on the Up and Comers podcast

Listen to Austin Technology Incubator director Mitch Jacobson discuss the history and future of ATI on the Up and Comers podcast from foundingAustin.

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IC² Institute supports research on demographic change and entrepreneurialism in rural Japan

IC² researcher John W. Traphagan recently published an article entitled “Empty Houses, Abandoned Graves: Negative Population Growth and New Ideas in Neo-rural Japan,” which is part of his ongoing research related to rural entrepreneurialism in northern Japan.

The article explores some of the ways in which individuals living in a depopulating environment have created innovative responses to a rapidly changing demographic climate. Specifically, the article looks at examples of religious entrepreneurialism and, when faced with significant depopulation, the approaches some social institutions such as Buddhist temples have taken to maintain parishioners and how these approaches can change religious practices. Traphagan also considers how demographic change in the form of negative population growth can stimulate a generative process in which people innovate and adapt institutions to take on new forms and practices that contribute to the emergence of new cultural patterns.

As part of the same IC²-supported project, Traphagan has also published an article entitled “Entrepreneurs in Rural Japan: Gender, Blockage, and the Pursuit of Existential Meaning” in the journal Asian Anthropology (2017), that explores rural entrepreneurialism as it relates to the desire among business owners to find existential meaning in life.

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Ema or votive tablets. Photo by John W. Traphagan
Ema, or votive tablets. Photo by John W. Traphagan

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XLr8 AP to move to Visakhapatnam, Andhra Pradesh

XLr8 AP, the IC² Institute’s technology business accelerator in the South Indian state of Andhra Pradesh, will move in August to new offices in the coastal city of Visakhapatnam.

The move to Visakhapatnam will place XLr8 AP in an industrial port city of 2 million with a rapidly growing tech sector and active startup scene. XLr8 AP will be housed in the Sunrise Incubation Tower in the neighborhood of Rushikonda, home to many Indian and multinational IT, ITes, and fintech companies.

The move was announced by the Andhra Pradesh Innovation Society (APIS), the state agency responsible for XLr8 AP. XLr8 AP is a joint venture of APIS, the Federation of Indian Chambers of Commerce and Industry (FICCI), and the IC² Institute of The University of Texas at Austin.

XLr8 AP opened in September 2016 in the city of Tirupati, Andhra Pradesh. In its first 16 months it completed the acceleration of 132 Indian startup companies in four cohorts. Companies in the XLr8 AP portfolio have achieved in excess of US$3.4 million in incremental revenue, in the process creating over 1,000 employment opportunities.

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Sunrise Incubation Tower, Visakhapatnam - photo by APIS
Sunrise Incubation Tower, Visakhapatnam

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IC² hosts book launch for Kozmetsky biography

A Civic Entrepreneur: The Life of Technology Visionary George Kozmetsky By Monty JonesOn June 1, 2018, the IC² Institute held a book launch and signing for A Civic Entrepreneur: The Life of Technology Visionary George Kozmetsky by Monty Jones.

The signing was attended by members of the Kozmetsky family, IC² Institute Fellows and staff, UT Austin faculty, and associates of Dr. Kozmetsky including former UT president William H. Cunningham and Admiral Bobby Ray Inman.

The volume is the first book-length biography of George Kozmetsky, the founder of the IC² Institute. It is scheduled for publication in July by the Briscoe Center for American History. It is available for pre-order at UT Press and Amazon.

Throughout his career as an industrialist, educator, visionary supporter of new technologies, advocate for worldwide economic development, and philanthropist, George Kozmetsky promoted constructive interactions among the worlds of academia, government, and private-sector business. He personified these interactions as a founder of Teledyne, a dean of the business school at the University of Texas at Austin, an academic researcher at the university’s IC² Institute, a promoter of new technologies, and a consultant to entrepreneurs and government agencies.

Monty JonesIn this comprehensive biography, Monty Jones details all aspects of Kozmetsky’s life, from his childhood as the son of Russian immigrants, to his service in World War II, to his accomplishments in technology, education, and business. While Kozmetsky is most widely known for taking early steps to propel the business school at The University of Texas at Austin toward its current position as an internationally prominent institution and for playing a central role in the economic transformation of Austin from a sleepy college town to its present-day status as a center of high-technology research, development, and manufacturing, Jones also details Kozmetsky’s technology career, influence, and philosophy. Kozmetsky embodied the concept of “civic entrepreneurship,” which involves a merging of business acumen, a deep commitment to social responsibility, and visionary leadership for a community’s economic development. Inherent in Kozmetsky’s role as a civic entrepreneur was the broadest possible definition of “community,” beginning with one’s city and region but growing outward to encompass the globe.

Monty Jones is a former public affairs official at UT Austin and the UT System, and a former reporter on higher education at the Austin American-Statesman. He is co-author, with William H. Cunningham, of The Texas Way: Money, Power, Politics, and Ambition at the University.

Thanks to the generosity of the author, IC² had a supply of prerelease copies of the book for sale. Funds from the book sales will be applied to support student participation in IC²’s Aspiring Women Entrepreneurs program. The program will support 18 women student innovators from Indian universities to prepare to commercialize their innovations with the help of students from UT Austin and Luleå Technical University in Sweden. Students will meet this summer in Austin, India and Sweden to develop commercialization strategies for each technology on all three continents and compare the results to find the best path to market for each innovation. This unique program is a fitting legacy to the vision of George and Ronya Kozmetsky.

Monty Jones with members of the Kozmetsky family
Monty Jones with members of the Kozmetsky family

Monty Jones with William H. Cunningham
Monty Jones with William H. Cunningham

book launch

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BBR conducts survey of Texas housing needs after Hurricane Harvey

The Texas General Land Office (GLO) is partnering with researchers at IC²’s Bureau of Business Research to conduct a survey seeking feedback from homeowners and renters to assess the status of the remaining needs resulting from Hurricane Harvey, Texas Land Commissioner George P. Bush announced today.

The results of the survey will help the GLO identify the most appropriate type of housing assistance for those in the 49 impacted Texas counties that will be receiving Community Development Block Grant for Disaster Recovery (CDBG-DR) funds for housing assistance from the U.S. Department of Housing and Urban Development (HUD).

“As the GLO continues to work with local leaders to provide long-term recovery assistance to the people of Texas, it is important to continue to reassess the remaining housing needs of individual communities,” said Pete Phillips, senior director for community development and revitalization. “The GLO remains committed to helping communities to effectively and efficiently recover from one of the most damaging storms in our nation’s history.”

“We are partnering with the Texas General Land Office on a survey to determine how we can best help Texans whose homes or apartments were damaged by Hurricane Harvey,” said Bruce Kellison, director of the Bureau of Business Research. “This survey is important to ensure that available relief funds are targeted correctly for the greatest impact.”

Researchers at BBR helped design the survey and, after responses are collected, will analyze the results and make recommendations to the GLO about how housing needs vary among the 49 counties affected by Hurricane Harvey. For example, some areas may have greater need for affordable rentals, while other areas may have a greater need for homeowner reimbursement for reconstruction and repairs. This analysis will help inform the needs assessments associated with many of the recovery programs the GLO plans to administer.

“It may go without saying, but in many places, economic recovery starts with repairing regional housing stock. If you can’t live there, you can’t work there, either,” Kellison said.

The GLO is responsible for coordinating with federal agencies and community officials to support Hurricane Harvey recovery efforts, including the short-term housing assistance programs in coordination with the Federal Emergency Management Agency and the administration of CDBG-DR funds allocated by HUD.

The survey will be open for two weeks starting June 1. The results will be analyzed and submitted to the GLO in late June. Individuals whose housing was affected by Hurricane Harvey may participate in the short survey by visiting www.harveysurvey.com.

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Aspiring Women Entrepreneurs program kicks off in New Delhi

The Aspiring Women Entrepreneurs (AWE) program convened participants in their first face-to-face sessions last week in New Delhi, in preparation for intensive work in Austin this summer.

The three-part training program is sponsored by the U.S. Department of State and implemented by the IC² Institute in conjunction with the Nexus Startup Hub at the American Center, New Delhi.

Aspiring Women Entrepreneurs at Nexus

Participants are students at Indian universities who have developed innovations that could form the basis of a new Indian enterprise.

Eighteen women from throughout India were selected for the program, from a pool of over 200 applicants. The participants came from Delhi, Chennai, Hyderabad, Pune, Kolkata, Ahmedabad, and Jaipur and represented 15 different universities. The innovations spanned multiple target markets, including consumer products, clean air and water technologies, and apps for educational and social engagement.

Quotes from participants

“I had a really amazing learning experience and learned a lot more than just entrepreneurship—how to present, the importance of practice, and most importantly how broad our horizons are.”
– Nikita Agrawal, female urination device innovator

“The program team provided important feedback, and the weekend speakers were inspiring. I can feel a new confidence in myself after this experience.”
– Kanika Saxena, graywater treatment innovator

“The two-day workshop in Delhi was awesome. We got to know about how to make progress in any situation and how to describe our products effectively. I really look forward to coming to Austin and having more exposure to ideas, innovation and inspiration.”
– Snehal Jadhav, organic fertilizer innovator

During Part 1 of the program, participants took an online course on technology commercialization and worked with UT Austin student and staff mentors to characterize the potential value of their innovations.

Part 2, an intense weekend program at Nexus, occurred on May 18-20. Participants arrived ready to present the value propositions that they had developed with mentor support. Feedback from the audience of innovators and IC² and Nexus managers helped the students improve the clarity and impact of their pitches and to further refine market targets and commercialization strategies. Additionally, the weekend provided opportunities for the women to work in collaborative teams, to conduct interviews for market validation, and to hear the journeys of successful female entrepreneurs growing their businesses through the Nexus program and IC²’s XLr8 AP incubator in Andhra Pradesh.

During Part 3 of the AWE program, the Indian women will travel to Austin for two weeks to join students from UT Austin and Luleå Technical University, Sweden. Here they will build business models for the U.S., Asian and European markets. The students will learn about the impact of “context” on business models by building a model and a competitive matrix for their innovation for each of the three different markets. Finally, students will perform a competitive assessment of all three regional business models and make a recommendation of the most promising market in which to launch the business.

Stay tuned for exciting updates from this AWEsome program!

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