Categories: Business / Mobile Apps
Considering launching a startup in Dallas, Texas? Good thinking. When it comes to startups, Silicon Valley gets most of the love (and media coverage). But Texas is boomtown for startups of all types. Houston, Austin and our hometown of Dallas are all well-known for being tech-forward and business friendly. And that’s only increasing.
1 DFW is startup friendly.
The Dallas Fort-Worth area is the tech hub of North Texas. Home to 40 colleges, a pro-business community and renowned tech companies like Texas Instruments, it’s got the infrastructure, economy and talent a startup needs to succeed.
2 DFW has great talent.
As interest shifts from the Fortune 500 to small biz and startups, young companies have plenty of high-tech talent to tap into. Plus, with entrepreneur-friendly UT Dallas and Texas A&M at hand, quality talent is easy to come by.
3 DFW has VC money.
Venture Capital and other funding is pouring into DFW startups at rates even higher than we see in tech darling Austin. In Q1 2017, DFW startups cashed in on a massive $6.96b in funding. VC firms and angel networks include the North Texas Angel Network, the Ft Worth Angel Network and the Dallas Angel Network. In addition, private equity options abound.
4 DFW has accelerators & programs.
DFW is home to accelerators including the Dallas Entrepreneur Center (DEC), Tech Ft Worth, the REVTECH accelerator and more. There are also higher education-based programs and opportunities at UT Dallas, UT Arlington and UT Southwestern Medical. Private universities also offer resources and support to startups.
5 DFW has big business support.
The presence of Fortune 500 firms can mean great opportunities for a startup in Dallas, Texas. Their innovation focus plus access to extensive resources provides a unique ecosystem for new and emerging companies.
6 DFW is ideally located.
DFW is the right-sized city for starting a business – and growing it. It’s not saturated in the way that Silicon Valley is. But it’s part of a big enough ecosystem that scaling up is a breeze. Plus access to DFW International Airport puts you at the doorstep of everywhere you need to be.
7 DFW has a great startup track record.
Big winners in the DFW startup scene include Hotels.com, which sold to Expedia. Up-and-coming startups include CataBoom, Park Hub, OpenKey and FourScore. Gaming, sports, oil and real estate all represent big opportunities.
Looking to launch a startup in Dallas, Texas and need a mobile app? We can help.