I've worked with Jason Cohen (asmartbear) and also with Josh Baer - both are Managing Directors of Capital Factory.

They are smart and talented guys and although I've not participated in Capital Factory personally, I think it's an excellent incubator program.

Although I live in San Francisco, I've done a lot of work with Texas based startups. There is certainly a lot of merit of getting out of the bubble that is Silicon Valley and basing yourself in somewhere like Austin, esp during the 'heads down' phase of a startup.

Anyway, I just wanted to put a good word in for these guys - definitely apply!