This website is the product of a collaboration between TMAC, the Center for Regional Economic Competitiveness, MassChallenge, and Texas Foundation for Innovative Communities. It is made possible by a grant from the Department of Defense Defense Industry Adjustment (DIA) Program.
TMAC
works with businesses so they achieve profitable growth and increased competitiveness. During the past five years, Texas companies created 16,000 jobs and reported increased sales of $1.43 billion and savings of $642 million as a direct result of their TMAC engagements. In addition, they re-invested $504 million in new capacity. Companies working with TMAC will profitably grow their sales or their market share or expand into new markets by introducing new technologies or improved business processes that increase efficiency, quality, and sustainability through TMAC’s robust array of services and solutions. Using the latest in innovation engineering management systems, TMAC customers will learn to innovate three to six times faster with 30–80 percent less risk. With our multiple university partnerships and our technology acceleration strategy, TMAC has helped numerous companies bring new technologies to market faster and numerous entrepreneurs to speed the launch of new companies.
The Center for Regional Economic Competitiveness (CREC)
is an independent, not-for-profit organization founded to provide policy-makers from around the world with the information and technical assistance they need to formulate and execute innovative, regional, job-creating economic strategies. Its services include economic development consulting, workforce intelligence and projections, regional training and capacity building, and professional organization and network management.
Mass Challenge
is a non-profit organization on a mission help startups win without taking equity. They envision a creative and inspired society in which everyone recognizes that they can define their future and is empowered to maximize their impact. They are obsessed with helping entrepreneurs across any industry. They also give out over $2M in equity-free cash prizes globally every year – all to help high-impact and high-potential startups win.
Since 2010, they have accelerated 1,211 startups who have collectively raised $1.8B in funding, $700M in revenue, and created 60,000 jobs in our five markets (Boston, Israel, Mexico, Switzerland, and the UK). We have also been quietly building ecosystems around the world – from Korea to Colombia.
Read about our vision and mission here.
The Texas Foundation for Innovative Communities (TFIC)
is an independent, non-partisan organization focused on identifying, advancing, and deploying the world’s best practices and policies for strategic economic growth, focused in particular on the purposeful architecture of high-performance innovation ecosystems.
Economic growth is the most powerful tool for reducing poverty, reducing income inequality, and ensuring a future of shared prosperity.