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Startech accepting applications from innovation startups for ETF funding

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(June 21, 2012) -- The Startech Foundation is accepting applications from innovation startups in South Texas for funding by the Texas Emerging Technology Fund (ETF). The application deadline is 11:59 p.m., Tuesday, July 24.

Created by the State of Texas, the nationally recognized Texas Emerging Technology Fund provides early-stage seed funding for technology startups, university faculty and others that have an emerging technology that may be ready for commercialization. The foundation is the host of the South Texas Regional Center for Innovation and Commercialization (STRCIC).

"The State of Texas has about $50 million from the Texas Emerging Technology Fund to invest in Texas innovation startups in the next 15 months," said Jim Poage, president and CEO of Startech. "Companies with university collaboration should apply in a timely manner to receive the vital funding that is necessary to enter a market. With almost $43 million already invested in South Texas, several companies and universities have already taken advantage of the available funding from the ETF, and more should do the same."

In addition to the Texas Emerging Technology Fund, Startech works with clients, coaching them on how to access a wide variety of funding sources including Angel Investors, Federal Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) programs, venture capital and many more.

>> For more information and to apply for funding, contact Erica Amaya at 210-458-2713.

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Startech Foundation is a private nonprofit 501(c)(3) Texas corporation with the mission to inspire technology innovation and commercialization, create technology companies and grow them into viable businesses in the South Texas economy. Startech offers venture innovation, investment and collaborative services for entrepreneurs, investors, researchers, service providers and partners interested in innovation and commercialization.

Startech works closely with several funding sources including the South Texas Angel Network, Texas Emerging Technology Fund, Venture Capital, SBIR and STTR grants, and Microsoft BizSpark, among others. From 2003 to 2011, Startech portfolio clients raised more than $261 million in external financing.

 

 

Did You Know?

Football standouts make Roadrunner history

For Ashaad Mabry and Triston Wade, football is not just a passing fancy. Both players were part of the UTSA football program almost from the beginning. When UTSA opens the 2015 season Thursday at Arizona, it will be the first time the Roadrunners take the field without them. But Mabry and Wade will still be playing football; their uniforms will just be a different color.

Mabry, a defensive tackle from San Antonio's MacArthur High School, was an honorable mention All-Conference USA selection his final two seasons as a Roadrunner and second among the team's defensive linemen with 49 tackles last year. Wade, a defensive back from Tyler, was the most decorated player in school history. He was a semifinalist for the 2014 Jim Thorpe Award – for the nation's top defensive back – a three-time all-conference honoree and two-year team captain who set a school record of 293 tackles in his career. Both men had outstanding college careers that allowed them to make UTSA history.

Did you know? Mabry and Wade both agreed to terms as undrafted free agents with the New Orleans Saints and Seattle Seahawks, respectively, becoming the first UTSA players to move to the professional ranks.

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