Members of the San Antonio and
Bexar County Tech Community

You may be surprised to learn that San Antonio has a rich and prolific set of Intellectual Property generators. This Intellectual Property is the number one basic ingredient of a successful technology business.  But just having good technology is only a part of the entrepreneurial success equation.  I’m proud to say that SATAI is playing a key role in facilitating the growth and recognition of this emerging economic juggernaut in San Antonio and Bexar County.  Our mission is to:

Inspire  technology innovation and commercialization,
Create  technology companies, and
Grow  them into viable businesses in the San Antonio regional economy.

The road to becoming a successful technology entrepreneur is not for the faint of heart.  It is a journey that many start, some stop, some fail and a few achieve success.  SATAI exists to increase the entrepreneur’s probability of success.

PATHS TO SUCCESS

There are as many paths to success as there are successful entrepreneurs.  There is not one universal success formula, one universally best business plan format, one universally accepted investor presentation format, and the list goes on.  If there is one universal truth, it is that all entrepreneurs require capital to realize their dreams.  Sometimes this can be achieved from the entrepreneur’s own bank and bank account or perhaps through investments by his or her family and friends.  Many times it requires capital above what those sources can provide.  The next step may be Angel Investors, who believe in the future of the business and are willing to invest their money into the enterprise, generally in return for a slice of equity.  Additional funds may require the services of a Venture Capital group or Mezzanine Capital.

Most of SATAI’s client entrepreneurs seek funding in the higher risk equity capital markets mentioned above.  SATAI assists both the entrepreneurs and the investors and takes the “honest broker” role in getting them together, hopefully speaking the same language.  With a few exceptions, SATAI does not focus on specific formats or methodologies.  

THE INVESTMENT TABLE

On one side of the “investment table”, we focus our entrepreneur clients on those critical path items that we believe will get them to a successful investor presentation as quickly as possible.  On the investor side of the table, we collaborate with an impressive group of high net worth individuals and companies that are interested in these types of investments.  We coordinate a number of entrepreneur/investor meetings in a variety of formats, and we are the South Texas portal for the State of Texas $200M Emerging Technology Fund.  All of these provide a very fertile environment to Inspire, Create and Grow tech companies.

SATAI SUPPORTERS

Our contribution to the San Antonio and Bexar County economic development would not be possible without the support of countless individuals and entities.  Our budget is supported by the City of San Antonio, Bexar County, the State of Texas, the University of Texas at San Antonio, private companies, private individuals and fundraising events.  SATAI is a not-for- profit, 501 c(3) corporation,  governed by an outstanding group of community and business leaders who generously volunteer their time on our board of directors and committees.  The SATAI staff and the technology community thank them all.

We hope you find our website helpful and informative.

Sincerely,

James B. Poage
President & CEO
SATAI Network Foundation

í Examples are the University of Texas at San Antonio, the University of Texas Health Science Center at San Antonio, the Southwest Foundation for BioMedical Research, the Southwest Research Institute, the Cancer Therapy and Research center, the United States Air Force and the many private companies that do independent and government sponsored research and development.
íí SATAI does not make any direct investment in any private company.