EDC PROJECT
Sportec Solutions
Sportec Solutions , a Munich-based sports technology company , has established its U . S . headquarters in Arlington . Sportec Solutions develops next-gen solutions in the fields of match data and officiating technology .
They maintain a long-term agreement with Major League Soccer ( MLS ) as the official provider for live data and video assistant referee services . The project created 17 new jobs with an average salary of $ 55,000 annually , as well as introduced innovative sports technology to Arlington .
EDC PROJECT
The Founders Arena
The City of Arlington , Arlington EDC , First Rate , Inc ., an Arlington-based financial technology and services provider to the wealth management industry , and other sponsors including SEI ®, partnered with The Founders Arena to bring the first global Founders Arena WealthTech Accelerator to Arlington .
The Arlington EDC approved a three-year performance grant of up to $ 1.5 million for First Rate , which completed nearly $ 950,000 in renovations to its campus . The facility , which offers 17,650 sq . ft of coworking space for lease , plays host to the accelerator participants for the duration of the program . The Founders Arena has successfully hosted three cohorts of wealthtech startups , as well as partnered with UT Arlington and other local organizations to host hackathons , invest in entrepreneurship and more .