Priority for funding is given to proposals that, in some combination:
- Involve emerging scientific or technology fields that have a reasonable probability of enhancing this state ’s national and global economic competitiveness;
- May result in a medical or scientific breakthrough;
- Are matched with other available funds, including funds from the private or nonprofit entity or institution of higher education collaborating on the project;
- Have a demonstrable economic development benefit to this state; or
- Guarantee commercialization or manufacturing in Texas if successful.
Additionally, the ETF prefers:
- To match prior cash equity investments (non founder, not in-kind);
- Deals that can NOT be covered by other state public policy mechanisms/funds;
- That ETF awards make a difference in the company’s success
- That the preponderance of jobs developed by a successful venture pay > $18/hr
DEADLINE FOR PROPOSALS
The deadline for the next round of proposals to the NTXRCIC is 5:00 P.M., April 29, 2008.
COMPLETED APPLICATIONS
All proposals are submitted electronically to the NTXRCIC per directions on the website’s “Submission Process” section. Proposals must be accompanied by a $250 filing fee. Fee is paid on-line on the "Apply for Funding" page of this website. No proposal will begin evaluation until payment is received.
An application must include:
- Complete submittal by 5pm CST
- The completed application form (with signature on page 4) and required attachments (including business plan).
- The required two-page “executive summary” form
- The Application fee
- Additional documents as necessary (i.e. Collaboration documentation, etc.)
RCIC CONTACTS FOR POTENTIAL PROPOSERS
For additional information about the program and the application process, contact:
Jeremy Vickers-- jeremyv@ntxrcic.org
Commercialization Program
Regional Center for Innovation & Commercialization
17919 Waterview Pkwy, Suite 1.50, Dallas, TX 75252
972-883-5317(O) 972-883-4919(F) 214-735-8155(C)
last updated 4/21/08