To apply, companies must have full-time management or management whose primary focus is their startup, be in the process of or have already completed development of a prototype or product and have completed basic market validation and research. In addition, companies that are actively seeking funding and those with some tie to the UT System are strongly preferred.
Additionally, we internally distinguish between seed stage companies who may have raised little or no outside funding, but are currently working on developing their basic business thesis and early stage companies who may have already raised several million dollars. Both groups of companies are extremely interesting to accept companies from each group in equal numbers.
Finally, if you are currently a student, we are unable to work with your company through our accelerator and instead suggest that you enroll in New-Venture-Creation