The A-List, an Austin Chamber of Commerce program designed to boost area business growth, reported last February that it had helped to raise nearly $1 billion for 19 of the startup firms it has recognized since 2010.
A collaboration between the Austin Chamber of Commerce’s Innovate Austin initiative and South by Southwest Interactive, the A-List seeks to help promising new companies by helping them attract dollars from venture capitalists.
“We are excited to raise the profile of our region’s most innovative companies that help cultivate investment and attract the next generation of entrepreneurs and talent,” Michele Skelding, senior vice president of global technology and innovation for the Austin Chamber, said.
Nominations for the A-List are considered between February and April of each year, with winners announced in May. According to the Chamber, eligible firms should be innovative, high-growth potential companies who haven’t had an initial public offering.
“The competition also catalogs the vast, robust and dynamic entrepreneurial ecosystem that has emerged in our city,” South by Southwest Interactive Director Hugh Forrest said. “In short, the Austin A-List provides a real-life roadmap for finding the innovative thinkers and doers who our community continues to both foster and attract.”
Companies that win a position on the A-List are placed in one of three categories: Emerging, for those receiving less than $1 million in funding or less than $1 million in revenue; Growth, for those receiving between $1 million and $10 million investment or $1 million to $20 million in revenue; and Scale, for funding above $10 million or revenue greater than $20 million.
For more information about the A-List, visit http://innovation.austinchamber.com/.