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Sputnik ATX, an Austin Accelerator Program, Announces Partnership with The University of Texas at Austin

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Sputnik ATX to Provide Entrepreneurial Curriculum to UT Austin

Sputnik ATX, an Austin accelerator focused on growth companies, today
announced a collaboration with the University of Texas at Austin. The
Sputnik ATX curriculum, designed to teach aspiring entrepreneurs how to
launch their own companies, will be available university-wide.

"Sputnik is proud to partner with an institution that matches our
dedication to fostering the entrepreneurial spirit," said Oksana
Malysheva, CEO and Co-Founder of Sputnik ATX. "Together with UT Austin,
we will equip more entrepreneurs with the tools and guidance they need
to succeed. This partnership marks another step towards our vision of
growing the startup ecosystem in Austin and helping founders reach their
fullest potential. We are excited to see the positive impact this
collaboration will have on our community."

As part of the collaboration, Sputnik ATX will host one UT Austin
student with every cohort, allowing him or her to learn the curriculum
from Sputnik executives, alongside startup founders. Sputnik will also
be making a version of its curriculum available online, exclusive and
tailored to UT Austin students.

"We are pleased at the opportunity to partner with Sputnik ATX to help
UT Austin's budding entrepreneurs address the challenges of starting
their own companies," said Les Nichols, Interim Director of the Office
of Technology Commercialization at UT Austin. Providing entrepreneurs
with business skills not only helps them on a personal level, but
entrepreneurial innovation is also essential for society. New enterprise
helps us to be globally competitive and is an engine for economic growth
and prosperity."

Sputnik ATX selected its second cohort of startup companies in July
2018. The participating founders are currently in the midst of
completing the three-month structured curriculum, which will conclude
with a ‘Demo Day' presentation to a panel of investors in October.

Sputnik ATX will open its next application round this fall.
Entrepreneurs living within a 300-mile radius of Austin (including San
Antonio, Dallas and Houston), or those who agree to move their
businesses within that radius if accepted are eligible to apply.
Applicants are required to have a minimum viable product and at least
one paying customer.

For more information please visit us at www.sputnikatx.com.

About Sputnik ATX

Sputnik ATX is an accelerator in Austin, TX that combines capital with
training and experience to prepare seed-stage businesses for future
rounds of funding. Their formula:

(Nerds + Investment + Training + Mentoring) Community = Success

Sputnik ATX was named after the first satellite to enter Earth's orbit,
an event that touched off a new era of innovation and competition that
still influences the world today. The Russian word ‘Sputnik' translates
to ‘partner,' which describes this accelerator's intention: to partner
with and mentor chosen startups. The accelerator was born out of a
venture fund founded by Dr. Oksana Malysheva and Joe Merrill.
After investing in companies around the world, the entrepreneurial
atmosphere of Austin inspired Malysheva and Merrill to consider the city
as a new home for their efforts. Sputnik ATX launched on Oct. 4, 2017,
the 60th anniversary of the Sputnik-1 satellite launch.

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