We couldn’t think of anyone better suited to open Episode Three on Austin’s top female entrepreneurs than Laura Kilcrease, who has been a key player in the development of Austin’s entrepreneurial ecosystem.
Back when people thought incubators were just for chickens, Kilcrease, then executive director of UT’s IC2 Institute, co-developed and launched the Austin Technology Incubator (ATI). The goal was to jumpstart Austin’s nascent technology industry. It worked.
Kilcrease later launched The Capital Network, one of the largest “business angel” investor networks in the United States with more than $150 million in completed transactions.
And for her third act, the current entrepreneur-in-residence at the Herb Kelleher Center for Entrepreneurship is doing her bit to bolster one aspect of Austin’s entrepreneurial scene that’s still lacking — venture capital, and in particular, venture capital firms run by women. Her firm, Triton Ventures, LLC, invests in spinout and early stage technologies.
In the video below, she reveals how the initial projections for ATI’s impact on the community were met with skepticism, and what it actually achieved in its first decade.