TechFuel is a business-pitch competition, where the winners can win $100,000. It’s like “Shark Tank”, but for local area entrepreneurs.
The TechFuel competition is put on by both Bexar County and Tech Bloc and many of the winning companies have gone on to make an impact in the or area community.
Jennifer Newell, founder and CEO of Betty’s Co., entered the competition for funding for early stage start-ups back in 2021 and actually won.Newell had come up with the idea of Betty’s Co. back in 2017, when she realized there was a San Antonio area problem. “I looked at the market and I saw that nothing had really changed in the last 20 years, you know, and I decided I need to do something different. We needed to do something different for the women of San Antonio and, you know, beyond,” Newell said.
Programs like TechFuel aim to help local entrepreneurs like Newell grow their business and help the local economy. “It’s fueling other companies. It’s fueling other organizations to continue to get more investment into them. And it’s growing our ecosystem. This is a huge opportunity for people to come out, network, learn what’s happening out there,” Gonzalez said.“It expedited our growth. And the brand and awareness for Betty’s in San Antonio,” Newell said.“What’s next for Betty’s Co.
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