An estimated 800 attendees gathered at the Hilton Anatole Wednesday night for State of the Entrepreneurship presented by the Dallas Entrepreneur Center.
Dallas-Fort Worth entrepreneurs, advocates and leaders updated the community on growth, goals and milestones.
Here’s a look at some of the highlights:
The Dallas Entrepreneur Center is launching the Innovation Hub, a curated group of companies, innovators and investors that will be located on the third floor of the DEC. This group will receive exclusive space and be provided with exclusive suite space and all of the DEC’s resources. Zipcar, GlassMedia, Mend, the Dallas Innovation Alliance, Digital Intent, Trailblazer Capital, Entrepreneurs’ Organization Dallas and the DEC all will office out of that space. There is a dedicated space that will be allotted for investors and investor meetings. The idea is to provide space for companies that are further along in their develop to highlight some of the more innovative concepts. The DEC aims to have this serve as the start of the innovation district in the West End.
Hangar Ventures, Naya Ventures and Growth X are three new funds that emerged this year. Hangar and Growth X are responsible for $50 million funds, and Naya manages a $100 million fund.
Accelerators Motive and Emerge powered by Tech Wildcatters introduced themselves this year, launching their first classes.
Health Wildcatters portfolio companies have raised $12 million just two years after the accelerator launched.
Dallas firms invested $95 million, representing the highest investment since 2001.
RevTech has funded 26 companies with $7.5 million of capital, creating an annual run rate of $10 million and 120 jobs.
Trailblazer Capital has invested in more than 100 startups with more than $50 million in capital.
Angels have invested nearly $215 million in 35 startups in the first nine months of the year, which is three times more than last year’s total.
The Festival of Ideas is returning to Dallas in February and will feature keynote speaker Russell Simmons, founder of Def Jam Records. This year’s five tracks: the literary city, educational city, physical city, healthy city and entrepreneurial city.