Being based in San Antonio, and having Frost & Sullivan in town should be a big help to SATAI (the San Antonio Technology Accelerator Initiative) now that they are joining its committee of technologists, investors, entrepreneurs and professional organizations that provide a 360 degree review of business plans for technology-based companies seeking funding and guidance.   

You take the collective brain power of Frost & Sullivan, marry it with some very smart and pre-qualified entrepreneurs in the making, and you have the potential to help accelerate the chances of getting it right with your vision by getting a reality check with one of the best market research firms in the world.

SATAI fosters economic development in South Texas by fostering innovation and entrepreneurship. Once per quarter, SATAI presents an opportunity for start-up companies to present their business plans, products, and models to a group of experts who decide if the company should proceed to the next level of funding and development or continue in consultation with SATAI or their network of experts to re-tool the plan and make it more attractive to investors in successive funding opportunities.

My take is that SATAI has really evolved into serving as the  South Texas portal of the $200 million Texas Emerging Technology Fund and also manages the South Texas Angel Network to provide channels to additional funding.

As a partner with SATAI, Frost & Sullivan will help assess the viability of companies' business plans and offer guidance for entrepreneurs. Frost & Sullivan's consultants will have the opportunity to review entrepreneurs' business plans, confirm that the company is ready to proceed to another funding level, and/or suggest the changes necessary to transform into growing businesses.