Texas Emerging Technology Fund
The Texas Emerging Technology Fund (TETF) is a cash grant program designed to help Texas create jobs and grow the economy over the long-term by expediting the development and commercialization of new technologies and attracting and creating jobs in technology fields that form the backbone of our economy. The program works through partnerships between the state, higher education institutions, and the private industry to focus greater attention on the research, development, and commercialization of emerging technology.
Benefit
Grants are awarded in the following three areas:
- Commercialization Awards: provide selected, early-stage investments in new, technology-based, private entrepreneurial entities that collaborate with public or private institutions of higher education in Texas, and which, if successful, may provide significant economic benefit to the state.
- Matching Awards: utilize TETF funds to create public-private partnerships which leverage the unique strengths of universities, federal government grant programs, and industry. Matching awards enable Texas to secure additional research funds from outside the state in key technical and scientific areas that contribute to the growth of our emerging-technology economy.
- Research Superiority Acquisition: funds for Texas higher education institutions to recruit the best research talent in the world.
Eligibility
Eligibility requirements are specific to each type of grant. For more information, consult TETF's website.
Apply
Local Regional Centers of Innovation and Commercialization must be contacted to discuss application and specific requirements. For more information, consult TETF's website.
Administration
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 was also formed.
The RCICs act 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 for increasing cooperation and spurring collaboration between industrial, financial, and academic entities.
For ETF contact information within the Office of the Governor, click here.
For RCIC contact information, click here.
Related Material
- TETF FY2012 Legislative Report »
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TETF Dashboard »
A comprehensive list of TETF awards, university collaboration, amounts, industries, and regions. - TETF Overview Brochure »
