Office of the Governor Rick Perry

Texas Emerging Technology Fund

About the Texas Emerging Technology Fund

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.

TETF Advisory Committee
The Governor has appointed a blue-ribbon ETF Advisory Committee composed of individuals who are industry leaders in Texas and or who are nationally recognized researchers from public or private institutions of higher education in Texas.

Commercialization Awards
The goal of the ETF Commercialization Awards is to grow new small businesses and existing businesses to accelerate new products and services to the marketplace. Through these investments, the goal is to ensure a vibrant economy for Texas and a global leadership position. Commercialization awards provide selected, early-stage investments in new, technology-based, private entrepreneurial entities that collaborate with public or private institutions of higher education in Texas, and which, if successful, may provide significant economic benefit to the state.

Acquisition of Research Superiority Awards
The ETF Research Superiority Acquisition goal is to bring the best and brightest researchers in the world to Texas. This enables our Texas academic institutions to continue to build expertise in key research areas, attract and encourage students to pursue advanced degrees in math, sciences, and engineering, and provide an invaluable resource to the community, especially fostering innovation and commercialization in our companies.

Regional Center of Innovation and Commercialization
Seven regions of the state have been established to administer the program through a "Regional Center of Innovation and Commercialization."

FY2012 Annual Report to the Texas State Legislature on the Texas Emerging Technology Fund.
FY2011 Annual Report to the Texas State Legislature on the Texas Emerging Technology Fund.
FY2010 Annual Report to the Texas State Legislature on the Texas Emerging Technology Fund.

Enabling Legislation »