Austin Inno: Blackstone LaunchPad Expanding in University of Texas System with $5M Grant
The startup ecosystems at six University of Texas campuses are about to get significant boosts thanks to a $5 million donation. The grant from Blackstone Charitable Foundation will support Blackstone LaunchPad programming at campuses across the state, giving student entrepreneurs access to mentoring, fundraising networks and events that can help them develop products and catch the attention of potential investors.
Campuses selected for the expansion include UT El Paso, UT Permian Basin, UT Rio Grande Valley, UT San Antonio, UT Medical Branch in Galveston and UT Southwestern Medical Center in Dallas. Four of those campuses are designated Hispanic-serving institutions.