Texas Emerging Technology Fund

The Texas Emerging Technology Fund (ETF) is designed to create jobs and grow Texas' economy by expediting the development and commercialization of new technologies and attracting and creating jobs in technology fields. The ETF focuses on three investment areas: increasing research collaboration through new Regional Centers of Innovation and Commercialization; matching research grants funds; and attracting more top-notch research talent.

Seven regions of the state have been established to administer the program through a “Regional Center of Innovation and Commercialization.” In addition, a statewide Life Science Regional Center of Innovation and Commercialization also was formed.

The North Texas Regional Center of Innovation and Commercialization (NTXRCIC) acts as the regional agent for the ETF Advisory Committee to identify, evaluate, and submit promising proposals from their respective regions to the ETF Advisory Committee. The ETF Advisory Committee makes final decisions on awards.

RCICs work closely with applicants in assisting with ETF proposal development, post-proposal debriefings, and commercialization activities. In addition, RCICs are a strong focal point to increasing cooperation and spurning collaboration between industrial, financial, and academic entities. The first step in the application process is to complete the NTXRCIC Client Company Questionnaire.

---