Gov. Perry Announces $13 Million in Emerging Tech Fund

governor.state.tx.us, Mar 29, 2007

Gov. Rick Perry has announced more than $13 million in awards to six emerging technology companies to help early stage businesses introduce their innovations to the marketplace and attract leading university research teams to Texas universities. The grants are awarded under the Texas Emerging Technology Fund (TETF), a $200 million initiative created by the Texas Legislature in 2005 at the governor’s request.

“Technological innovation is the lifeblood of today’s economy. Through these grants, we are elevating our state’s emerging technology sector and universities to make Texas a strong competitor in the global marketplace,” Gov. Perry said. “Continued investment in emerging technology creates more jobs and generates substantial capital investments, diversifying and enriching our economy.”

TETF awards will benefit: Read more at governor.state.tx.us.