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What is the Emerging Technology Fund?

emerging fund Technology
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What is the Emerging Technology Fund?

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The Emerging Technology Fund (ETF) was created by the Texas Legislature in 2005 at the urging of Gov. Perry to provide Texas with an unparalleled advantage in the research, development, and commercialization of emerging technologies. ETF grants are awarded in the following three areas: • Research Superiority Acquisition — funds for Texas higher education institutions to recruit the best research talent in the world. • Commercialization Awards — funds to help companies take ideas from concept to development to ready for the marketplace. • Matching Awards — funds create public-private partnerships which leverage the unique strengths of universities, federal government grant programs, and industry. How is the ETF good for Texas? The ETF brings new ideas and products to the marketplace today. This innovation and the commercialization will have a long-term profound impact on Texas. Priority is given to emerging technology projects that will enhance Texas’ global competitiveness that are

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