TechWildCatters Microseed Fund Launched in Dallas Fort Worth

DFW is rocking with startup activity in 2010. With upcoming educational programs for entrepreneurs by MIT Enterprise Forum, Startup Weekend 2010 scheduled in April and launch of TechWildCatters, a microseed fund, there is enough activity and support for entrepreneurs of all kinds.

Congratulations to Gabriella Draney for her tireless efforts to bring the first microseed fund to DFW. Read more about it at techwildcatters.com , get to know the mentors and apply to TechWildcatters here.

2010 is going to be a big year for startups in the Big D!

Here are the details, taken from a post at Ryan Roberts’ blog.

TechWildcatters is a mentorship-driven microseed fund and startup accelerator that just launched in Dallas, Texas.
TechWildcatters is now accepting applications for their first 12-week accelerator “bootcamp” and 20 startup teams will have the opportunity to pitch on March 11, 2010.

The first program begins April 5, 2010. The selected startups will get up to $25,000 in seed funding, intensive top-notch mentorship, and the opportunity to pitch to angel investors, venture capitalists and corporate dev teams at their biannual “Demo Day”. Their first Demo Day is scheduled for June 30, 2010.

Here’s the type of startups TechWildcatters is looking for:
-Applications: B2B Web/Enterprise 2.0, BI/data/analytics, gaming/simulation, etc.
-Technology: Web, SaaS, open source, data integration, middleware, etc.
-Customers: SMB through Fortune 500 (no consumer apps)
-Location: Come from anywhere, willing to locate to Dallas for the program
-Founders: Well-rounded founder teams >1 person, demonstrated understanding of entrepreneurship, relevant technical and business knowledge
-Capital: Needing seed capital to support living expenses while bootstrapping, can make efficient use of limited capital, would generally be planning on self/angel/customer financing as a next step coming out of the program