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Home > Press > Houston Technology Center Announces Continuation of Texas Emerging Technology Fund

Abstract:
New Awardees to be announced by Governor Rick Perry on September 29, 2010

Houston Technology Center Announces Continuation of Texas Emerging Technology Fund

Houston, TX | Posted on August 13th, 2010

The Houston Technology Center and the Gulf Coast Regional Center of Innovation and Commercialization (GCRCIC) are announcing that they will begin accepting new Texas Emerging Technology Fund (TETF) applications by October 12, 2010. Significant federal reimbursements have recently been made to the state of Texas, which have been designated for use by the Texas Emerging Technology Fund.

In affiliation with the Gulf Coast Regional Center of Innovation and Commercialization, the TETF has awarded over $40 million to 36 companies in the region since the funds' inception. The Texas Emerging Technology Fund provides Commercialization Awards of up to $5 million to help early stage companies commercialize emerging technologies in Texas such as nanotechnology, life science, information technology, and energy technologies with an emphasis on clean energy.

"The Houston Technology Center applauds the state of Texas for their commitment to commercializing emerging technology and its positive economic impact on the Gulf Coast Region," stated Walter Ulrich, CEO and President of the Houston Technology Center.

New awardees will be announced by Governor Rick Perry during a private reception at the Houston Technology Center in late September and formally recognized at the Gulf Coast Innovation Conference & Showcase on September 30, 2010 at the Hyatt Regency Houston.

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About Houston Technology Center
Named among Forbes’ top 10 “incubators changing the world,” Houston Technology Center (HTC) is a business accelerator that assists Houston-based emerging technology companies by providing in-depth business guidance, access to capital professional services, and entrepreneurial education. A 501(c)(3) non-profit organization, HTC fosters innovation and technology commercialization in the Greater Houston area within five key sectors: Energy, Information Technology, Life Sciences, Nanotechnology and NASA/Aerospace technologies. For more information, visit www.houstontech.org

About Gulf Coast RCIC
The GCRCIC is responsible for processing applications for Commercial Awards from the Texas Emerging Technology Fund from individuals and companies, located within the Gulf Coast region. The Gulf Coast RCIC researches each application and submits recommendations to the Emerging Technology Fund Advisory Committee. The Gulf Coast RCIC assists with commercialization of the funded technologies, as well as provides private support to the companies and workforce.

For more information, please click here

Contacts:
Maggie Joplin
Director, Marketing and Communications
Houston Technology Center
713-658-1750

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