In September of 2005, the Alliance for Higher Education was selected to implement the North Texas Regional Center for Innovation and Commercialization (NTXRCIC) by Governor Rick Perry, who had previously signed House Bill 1765 , which created the $200 million Texas Emerging Technology Fund (ETF). The fund provides capital targeted to encourage the development of start-up and growth stage technology companies. In May of 2007, the Legislature passed HB 1188 to continue the ETF for fiscal 2008-2009.
The goals of the ETF are to:
- Expedite innovation and commercialization of research;
- Attract, create or expand private sector entities that will promote a substantial increase in high-quality jobs; and
- Increase higher education applied research capabilities.
The first step in the application process is to complete a Client Company Questionnaire. Completion of the Client Company Questionnaire helps potential applicants to understand the objective requirements of the Emerging Technology Fund and to determine their eligibility to apply for funding.
Applications for the quarterly funding rounds for Commercialization Awards must be submitted to the NTXRCIC by the following deadline dates by 5pm CST:
For an Executive Summary for the ETF and NTXRCIC, click here.