Austin community growth ventures (ACGV) was established as a 501(c)(3) charitable organization by the development corporation of austin with the overall goal to promote, encourage, and aid in the creation of an innovative ecosystem that supports education, creates quality jobs, and increases the new application of biotechnology, agircultural technology, and food science. ACGV will serve as a key facilitator in affording early stage companies and developed companies a chance to succeed by providing education and training in idea development assistance, patent submission, business planning assistance, and financing.