TECHFW

TechFW's goals include empowering entrepreneurs through comprehensive support, fostering economic prosperity by facilitating the growth of scalable businesses, and driving positive societal change through technology-driven innovation.

We have three key strategic objectives: (1) Give new companies solid roots by attracting the desired target clients for our programs, utilizing our programs and resources to help them grow, and making it attractive for them to remain in the community; (2) Support a healthy ecosystem for technology-based entrepreneurship by building our relationships in the region and addressing gaps that limit entrepreneurial success; and (3) Be recognized for excellence in commercial acceleration by our clients and graduates, by our peer group, and by our partners and community, using outreach to tell our story.

Internal resources include our staff, made up of entrepreneurs themselves, who understand what our clients are going through and what they need. We have a diverse Board of Directors, composed of leaders in the business and academic communities that support our clients, and who have been on the Board for a period ranging from one to 15 years. We have a reasonable reserve set aside to provide financial stability. Externally, we have built a very strong network of supporting organizations, consisting of other nonprofits who play in our same space, and strong relationships with the universities and corporations whom our clients need to access for resources.

We have made significant progress in helping the companies in our area get funding by establishing the Cowtown Angel Network, recruiting members, coaching companies on their presentations, and getting a thrill from seeing some companies get funded. We still have a long way to go. There are 20 angel investors in the group. We would like to see 35 by the end of 2013, and add at least 15 in 2014.