Mainstream Medical Devices, founded in 2018 in Austin, is revolutionizing the medical technology landscape with a focus on enhancing patient outcomes and reducing surgical site infections. The company specializes in contract manufacturing, packaging, and single-use OEM instruments for startups and mid-sized businesses. In 2024, Mainstream received the Business Growth Award for its remarkable revenue growth of nearly 9,500% from 2019 to 2023. Led by Dana Wilcox, CEO, and Aaron Bailey, President, the company is committed to accessibility for small medical device companies, addressing gaps in the market. With a passionate team dedicated to innovation and community service, Mainstream actively supports local initiatives like MD Anderson’s Children’s Art Project, which provides programming to children with cancers. Their mission is clear: to uplift the community while driving advancements in the medical device industry, creating a future full of promise and possibility. Read More

Regional economic connectivity is an economic, workforce, and community development strategy that focuses on industry clusters that are thriving in the broader region and establishing them within under-resourced communities (URCs). To better understand how well and under which circumstances distressed communities benefit from regional economic connectivity, ICIC and SRI examined geographic patterns of industry cluster employment in 181 metropolitan areas using a combination of data analysis and case study evidence. The result of this study is the new report Regional Economic Connectivity: A Strategy to Build Opportunity in Distressed Communities. Findings in the report indicate that URC economic connectivity is more prevalent in small and medium-sized metropolitan areas, suburban URCs, clusters that are highly specialized regionally, manufacturing-based clusters, clusters with low educational requirements for entry-level workers, and lower-wage clusters. The report also indicates a significant opportunity for economic developers and their partners to target asset development and other strategic investments to grow regionally strong clusters in URCs. Read More

In 2016, Austin, Texas was named by CNBC as the number one place in America to start a business. While starting a business in a location such as Silicon Valley typically relies on individual entrepreneurs, venture capital, and large risks, Austin has taken this formula and turned it into a neighborhood activity. Read More

The annual South by Southwest (SxSW) festival, held last month in Austin, is unquestionably a premier event for those in music, media and technology. Read More