Techstars has launched a new accelerator in Austin focused on the increasingly popular category of “impact” technologies.
In a bog post, the international accelerator network’s newest managing director, Zoe Schlag, said that the new accelerator will back “for-profit, mission-driven founders building technologies to solve our most pressing social and environmental needs.”
The Austin-based accelerator will begin accepting applications in December 2017 for a June 2018 launch.
For the past few years, with the rapid development of economics, environmental pollution and deterioration, resource consumption and global climate change have aroused increasing attention of the world, environmental issues are becoming more and more concerned by the public, and there has been growing awareness in sustainability among organizations, which contributes greatly to the recent study of sustainable or green supply chain management.
There’s a lot of movement in the social and environmental technology category, with investment firms like Urban.us, the Urban Innovation Fund and the Govtech Fund also working to back startups that tackle social and environmental issues.

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Source: techcrunch