Texas Tech University

Texas Tech Innovation Hub Launches iAT Accelerator Track

Kathryn Dankesreiter, Marketing & Engagement Coordinator

January 22, 2024

Texas Tech University, Health Sciences Center, and alumni support advanced technology ventures through Accelerator Program!

The Texas Tech Innovation Hub (Hub), in collaboration with the Texas Tech University Health Sciences Center Office of Innovation, and Texas Tech Alumni, is proud to unveil the Industry Advancement Technology (iAT) Accelerator. Through the support of a philanthropic gift from TTU Alumni, Jim McCarley and Hank Dorris, and funds from TTUHSC, the iAT Accelerator becomes the first-ever alumni supported program at the Innovation Hub.

This program highlights a commitment to collaboration to bring best practices to the forefront. The iAT Accelerator's mission is clear: to empower faculty, students, and community entrepreneurs in West Texas to conceptualize and create innovative startup companies or explore licensing opportunities rooted in AI, machine learning, and advanced manufacturing technology.

The iAT Accelerator builds upon the success of the prestigious Texas Tech Accelerator Program, which is generously supported by the Lubbock Economic Development Alliance. The program supplies new ventures with $25,000 in seed funding, co-working space, and invaluable access to industry mentors. The iAT Accelerator track is tailored to support advanced technology ventures from product creation to securing capital investments or licensing partnerships.

In addition to the $25,000 the iAT Accelerator ventures will receive through the Accelerator Program, additional funding and an opportunity to continue in the program will be offered at the end of the initial one-year program to a startup within the program. 

The program was developed by Taysha Williams, Managing Director of the Innovation Hub, and Phil Sizer, the Associate Vice President of Research and Innovation at the TTUHSC, to support entrepreneurs launching or preparing to launch advanced technology startups. 

Leading the charge on this new initiative will be Richard Greenhill. Greenhill will promote and oversee the program in his role as Program Director. His experience as an internationally recognized healthcare quality leader, technology mentor and Director of the Bachelor of Science in Health Care Management Program at Texas Tech University Health Sciences Center will aid in the search for mentors and ventures to participate in the iAT Accelerator. Learn more and connect with Richard Greenhill. 

The Innovation Hub team is looking for new or existing technology ventures to apply to the Texas Tech Accelerator program for a chance to be a part of the inaugural cohort for this new track. In its inaugural year, the iAT Accelerator track will accept five teams and eight TTU Accelerator Program teams for a total of thirteen spots for the 8th cohort of the Accelerator Program. To learn more and apply, visit the Innovation Hub's website or review the application.

For questions, please contact Richard Greenhill at richard.greenhill@ttuhsc.edu