Frequently Asked Questions
The Austin Technology Incubator (ATI) is the deep technology incubator of the University of Texas at Austin working with university and community entrepreneurs to commercialize their breakthrough innovations. For over 30 years, ATI has used a customized approach to support entrepreneurs addressing the world’s most pressing problems by connecting startups with the expertise, relationships, and funding sources they need to succeed in the marketplace. ATI is home to a number of specialized incubators which include –Circular Economy, Energy, Food + AgTech, Healthcare/BioTech, Mobility, and Water.
We define Deep Tech as technology that is based on tangible engineering innovation, scientific advances and discoveries. Deep Tech is often set apart by its profound enabling power, the differentiation it can create, and its potential to be a catalyst for change.
The delta means change. And it reflects ATI’s commitment to support our startups’ exploration and commercialization of deep tech solutions that address global challenges. It’s also because as we celebrate ATI’s 30th anniversary this year, it’s a look back at our beginnings. ATI’s first logo had a delta as well representing our early, foundational commitment to “what starts here changes the world.”
ATI uses a customized approach to support entrepreneurs connecting startups with the expertise, relationships, and funding sources they need to succeed in the marketplace. Through partnerships with local and national investors and funding sources, a dedicated mentor community, trusted professional and strategic partners as well as universities and other community affiliations, we are dedicated to deep engagement that results in deep impact on global needs.
First, tell us a bit about your company and technology through our simple online form [link]. If your venture seems like a good fit, we will ask you to complete a more detailed application in advance of an internal meeting with ATI staff. The final step before admission is a more formal presentation to ATI staff plus experts from the Austin business and tech communities. Our process is designed to ensure that ATI is the right organization to help your company reach its goals.
ATI practices rolling admissions. Our due diligence/get-to-know you process is driven by meetings between the founders, ATI partners, and relevant experts from the community. The feedback and relationships generated through this process often has considerable value regardless of the final admissions decision.
ATI is a selective incubator – a big part of the value we offer to our investor partners is a tightly curated portfolio. Of the 1,000 applicants that we have received over the past 5 years, we have admitted 8% into ATI membership.
Even though the Incubator is part of UT Austin, any company can apply. There is no requirement that a startup needs to be based on UT technology, or have any other connection to UT, in order to be a member of ATI.
Though the majority of our member companies are based in Austin, it is not a requirement. We do have a number of companies in other cities and states.
No, we support teams with deep tech solutions regardless of the nationality of the founders. However, you must be eligible to work in the U.S.
No, we can help get you set up. We have a number of trusted partners which includes corporate attorneys who can provide services to support your establishment.
Individual entrepreneurs can apply if they have a technology and solution that fits our deep tech model.
ATI doesn’t provide direct funding to member companies. We provide startups access to talent they couldn’t otherwise afford and position them for success when they do seek funding. And we introduce them to extensive funding sources which have resulted in an overall $3B economic impact in Central Texas alone over the course of 30 years.
ATI does require a 2% equity stake in each company that is accepted and a $10,000 annual fee that is not required until ATI helps you raise substantial funding.
ATI has co-working space available to all member companies which includes access to desks, conference rooms, and presentation rooms as part of its membership benefits.
No. Funding sources like ATI are pitched too many ideas to enter into NDAs with applicants/ or portfolio companies.
This varies with each company. On average, depending on the technology and progress, companies stay between 1 to 3 years.