(May 18, 2010)--SATAI Network Foundation announced a name change to Startech Foundation and its website URL to www.startech1.org. The name was changed to align with the core focus of the organization and eliminate common issues associated with the past name. The company brand, services, operations and mission to inspire, create and grow technology companies remains the same.
"The organization has brand recognition throughout Texas and increasingly nationally and internationally," said Jim Poage, Startech president and CEO. "Our board of directors that represents a broad cross section of viewpoints felt it was time for a change. We are excited about the new name and logo. Our brand remains the same. We have been considering this change for over a year. A recent in-depth study we commissioned found a very strong identification and recognition of our major brand attributes of who we are, what we do and our mission, but a low correlation with the actual name."
The organization has a history and successful track record of helping technology commercialization throughout South Texas. Today, Startech advises clients on more than 20 sources of startup funding. The new name creates clear alignment with the core mission and services.
The acronym SATAI stood for San Antonio Technology Accelerator Initiative and was originally used when the organization formed in 1999. The organization was incorporated as a nonprofit in 2002 with initial funding by the City of San Antonio and named SATAI Network Foundation.
In 2005, SATAI became the host organization for the South Texas Regional Center for Innovation and Commercialization, and its service area expanded to include San Antonio and a 32-county region. Funding also expanded to include the City of San Antonio, Bexar County, Texas, UTSA, AT&T and many other corporate and private donors. The name Startech Foundation is effective immediately.
Startech is a private nonprofit 501(c)(3) Texas corporation with the mission to inspire technology innovation and commercialization, create technology companies and grow them into viable businesses in the regional economy. Startech offers venture innovation, investment and collaborative services for entrepreneurs, investors, researchers, service providers and partners interested in technology innovation and commercialization.
The organization works closely with funding sources including the South Texas Angel Network, Texas Emerging Technology Fund, Venture Capital, SBIR and STTR grants, Microsoft BizSpark and others. From 2003 to 2009, Startech portfolio clients have raised more than $162 million in external financing. Startech receives financial support from the City of San Antonio, Bexar County, the State of Texas, The University of Texas at San Antonio, private companies, individuals and public institutions.
Celebrate homecoming as the Roadrunners take on Rice. Come early for the Spirit Walk, tailgating, games, music and food. Stick around for a halftime show with SOSA and the crowning of Mr. and Ms. UTSA.
Alamodome, 100 Montana St., Downtown San Antonio
The Leadership Storytelling Homecoming Brunch brings together UTSA alumni and students to share a delicious meal as well as a roundtable conversation about how experiences in college carry us forward on unique leadership journeys.
University Center, Denman Room (UC 2.01.28), Main Campus
The conference is dedicated to sharing recent knowledge and experiences gained in the area of Big Data by researchers in academia, industry and the government sectors within the areas of business, national security, infrastructure, healthcare and visualization.
H-E-B University Center Ballroom (HUC 1.104), Main Campus
Former National Security Advisor Susan Rice, via webcast, will examine America’s economic, political and security relations with China during CHINA Town Hall, an 80-city live discussion and Q&A on China and Sino-American relations.
Building Building, Richard Liu Auditorium (BB 2.01.02), Main Campus
The African American Studies program proudly presents William "Cruz" Shaw, San Antonio City Councilman and UTSA Alumnus. Event is free and open to the public.
University Center, Retama Auditorium (UC 2.02.02), Main Campus
The graduate fair is an opportunity for the UTSA student body and local San Antonio community to learn about graduate education opportunities. The event is free and open to the public.
H-E-B University Center Ballroom (1.104), Main Campus
President Taylor Eighmy is inviting all UTSA students to "Pizza With The Prez." Come grab a slice of pizza and take the opportunity to introduce yourself to the President. Pizza while supplies last.
Frio Street Building, Food Court Commons Area, Downtown Campus
President Taylor Eighmy is inviting all UTSA faculty and staff to "Tacos With Taylor." Take the opportunity to introduce yourself to the President at any one of these casual meet and greets.
Biotechnology, Science and Engineering Building atrium, Main Campus
The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world.
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