With the creation of the $200 million Texas Emerging Technology Fund (ETF) in 2005 under HB 1765, the Alliance for Higher Education was selected to implement the North Texas Regional Center for Innovation and Commercialization (NTXRCIC) . The fund provides investment capital targeted to the development of start-up and growth stage technology companies.
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 ETF is for Texas based companies, that will commercialize a break-through technology. 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. This is NOT the formal application required to apply to the ETF.
Applications for the quarterly funding rounds for Commercialization Awards must be submitted to the NTXRCIC by the following deadline dates by 5pm CST:
If you wish to learn more about the ETF or the NTXRCIC, please contact us at 972-883-4920.