Some may be surprised to find out that Techstars has no “official” presence in Austin. What??? That’s right, even though they throw one of the best parties at SXSW and you can find most of the Techstars team roaming about during the festival they’ve had no real presence.

Until now.

Techstars announced via their blog that they are going to take up residency in the already epically awesome Capital Factory (home to DreamIt Austin as well), and begin an official Techstars cohort in August.

That’s not all though. They are bringing over TechStars Cloud Director, Jason Seats, from San Antonio to run the program. Seats sold his company Slicehost to Rackspace and has since been involved with Techstars. He’s also part of the StartupGrind program.  Having a Techstars class in an environment like Capital Factory gives the young startups a huge advantage. Austinpreneurs are always hanging out at Capital Factory, in addition to the huge mentor network Techstars already has to offer.

David Cohen announced the new Techstars program this morning and also opened up the application process.

“Forbes and Bloomberg have been calling Austin the No. 1Boomtown and the best place for your startup for years now, and Google recently chose it as the second city to receive the fastest Internet on the planet. TechStars exists to put the best mentors and the best entrepreneurs together in the best startup communities so Austin is a natural next stop for us. We will run our first program starting this August and applications are open as of today!” Cohen said in the blog post.

Here’s the application for Techstars Austin

Speaking of Austin here’s over 40 startup stories from SXSW 2013.