UT Austin and UT Permian Basin Join Forces to XLR8 Small West Texas Business Success

"Think Big Shop Small"

The IC² Institute at The University of Texas at Austin has taken its small business accelerator, born in Austin as FASTForward, on the road to the heart of West Texas – coined Small-biz.XLR8. This program has been made possible by a gift from the Truist Charitable Fund – Truist Cares. In partnership with The University of Texas Permian Basin, thirty companies will be offered access to cutting edge business growth principles using a mix of asynchronous learning, weekly exercises for business owners, and meetings to report results and network with peers. The 10-session program launches May 18, 2021, with the first session, along with an in-person session with regional business mentors on May 20. The Permian Basin is abuzz with the potential of this program to jump-start recovery among its small businesses that were hard hit by the Covid-19 pandemic and slowdown in shale oil discovery. Check out newspaper coverage on the program and an interview with Taylor Novak, Entrepreneurship Programs Coordinator at The University of Texas Permian Basin. Companies have until end of business day on April 29, 2021, to sign up for consideration. Up to 30 companies will be accepted in this first cohort of Small-biz.XLR8.

Sign up by visiting our website or simply fill out the form. Check out the experiences of companies who have previously participated in the program in Austin on the Success Stories page of our website, and read more about the program in our blogs.