Capital Factory wants to incubate the next Google in Austin, sets aside $100K for contest to find it

The winning startup in a contest announced by Capital Factory this week will obtain $100,000 in seed funding to move to Austin and receive a year of free mentorship, server hosting and coworking-facility space.
“Austin has emerged as one of the hottest startup hubs in the country — but we need a breakout company to take us to the next level,” said Hugh Forrest, the South by Southwest Conference & Festivals chief programming officer, in a statement.
“With so much brainpower in this ecosystem,…

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