Written by Laura Lorek
MassChallenge, a global network of network of startup accelerators, announced Wednesday plans to launch its new program in the Austin and San Antonio region.
The Austin-based nonprofit accelerator will work with up to 100 startups that will compete for up to $500,000 in equity-free cash awards.
The MassChallenge Texas accelerator program is supported by a public-private partnership that includes founding corporate partners Southwest Airlines, USAA, and Upstream Thinking, according to a news release
MassChallenge also has other programs in Boston, Israel, Mexico, Switzerland, and the United Kingdom.
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