Governor Rick Perry realized the way to ignite the Texas economy is through empowering the rich source of innovation hidden deep in the heart of all the state universities. Legislation during the 79th session was passed which approved the Emerging Technology Fund (ETF) allowing the Governor's office, through a 17 member advisory committee, to administer a pool of approximately $295 million dollars to approved applicants. These funds are not grants but awarded dollars to be used as capital funds to expedite the process of taking research from the lab to the marketplace. These awards are all invested back into Texas, spurring economic growth and life changing research developments. The ETF awards are funded in three designated categories of: Incentives for Commercialization, Research Grant Matching; and Research Superiority Acquisition of Talent. To see the current list of UT inventors and companies that have received these funds, and to learn more about what they are doing in the industry, please see link at UT ETF Awardees. If you would like to learn more about how you can apply for these funds, please go to our ETF section.
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