The Texas Emerging Technology Fund (TEF) stimulates the commercialization of emerging technologies, new businesses and jobs, as well as higher education applied research capabilities. Priority is given to emerging technology projects that have a good probability of enhancing Texas global competitiveness. Categories of the fund include: Commercialization, Research Matching and Research Superiority.
Management of the ETF is done by the Governor’s office, advised by a Governor-appointed 17 member “ETF Advisory Committee” from around the state. Seven geographic regions of the state were established to administer the ETF through “Regional Centers for Innovation and Commercialization.
The North Texas Regional Center for Innovation and Commercialization (NTXRCIC)
The North Texas RCIC is a 501(c)(3) not-for-profit corporation that is one of six regional agents for the Texas Emerging Technology Fund (ETF). The NTXRCIC includes a 63-county region, where it works to identify, evaluate and position technology-based entrepreneurial ventures to apply for ETF investment. As resources for its client companies, the NTXRCIC has four full-time staff, experienced volunteers and a strong resource partner organization network that collaborates and fosters alliances between corporate, financial, and Institutions of Higher Education, to encourage the formation of future companies. The Plano Economic Development can also assist you with the application and support your organization with the process.
The Dallas Regional Chamber supports entrepreneurship in technology and life sciences. The Capital Connections program educates early stage companies and assists them and small business by linking with potential financial resources. The group hosts quarterly workshops.