Frisco is in for a treat as Play and Plug is set to accelerate Sportstech, Fintech, Cybersecurity and health in the city which will provide the necessary resources for the company according to a Dallas Innovates article. They report,
“Silicon Valley-based Plug and Play announced Tuesday that it will open the Frisco office to bring a series of startup business accelerator programs specific to Frisco’s innovation ecosystem.
In the first year, Plug and Play Frisco will run a Sportstech accelerator program focused on human potential and performance, the company said. In coming years, Plug and Play Frisco plans to add additional cohorts that reflect the North Texas innovation ecosystem focused on areas such as health, fintech, cybersecurity, and smart city technologies.
The company said the partnership will provide resources and support to help scale businesses in Frisco’s innovation ecosystem, bridging the gap between startups and potential partners, corporates, and investors.”
All the officials from Plug and Play, Frisco EDC President and even the Frisco government are excited for the amazing opportunity to grow and explore technology together according to a Street Insider article which reports,
“We are so proud to launch Plug and Play Frisco in an effort to build the world’s most impactful Sportstech program. By identifying, investing, and accelerating the most promising startups, we will build a robust ecosystem of local and global stakeholders to engage with us and the rest of the community,” said Saeed Amidi, Founder and CEO of Plug and Play.
As Sports City USA, Frisco is an epicenter for innovation focused on maximizing human potential and performance,” said Jason Ford, Frisco EDC President. “This collaboration with Plug and Play will attract more investors to Frisco and strengthen our partnerships across many business technology verticals that help support local employers and corporates that continue to innovate in our own backyard.”
“Frisco has big ambitions when it comes to fostering innovation as our goal is to be the Venture Capital Capitol of the Central U.S. by 2040,” said Frisco Mayor Jeff Cheney. “This partnership with Plug and Play directly supports that effort. The services and corporate connections Plug and Play brings to Frisco also helps bridge a gap in support for entrepreneurs in the local startup community by providing access and education to early-stage companies looking for funding and corporate involvement.”
Currently, Plug and Play has 50 locations around the world where they bring forth innovation and technology to different communities.
