Applications for Fourth Round of Funding from the $200M Texas Emerging Technology Fund Sought by SATAI.SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- The San Antonio Technology Accelerator Initiative (SATAI SATAI San Antonio Technology Accelerator Initiative SATAI Southwestern Association of Technical Accident Investigators, Inc. ) announced today under its designation as host of the South Texas Regional Center of Innovation and Commercialization (STRCIC) that applications are being accepted for the fourth quarterly round of funding from the state's $200 million Emerging Technology Fund (ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). ). The South Texas region encompasses 31 counties and includes the cities of Corpus Christi Corpus Christi, in Christianity Corpus Christi [Lat.,=body of Christ], feast of the Western Church, observed on the Thursday after Trinity Sunday (or on the following Sunday). , Victoria, San Antonio, New Braunfels New Braunfels (broun`fəlz), city (1990 pop. 22,334), seat of Comal co., S central Tex., on the Guadalupe River; inc. 1847. Portland cement, consumer goods, crushed limestone, furniture, and leather goods are produced. , Kerrville, Junction and Boerne. Applicants should be in the process of commercializing proprietary and emerging technology in collaboration with a Texas-based institution of higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. in one or more of the following fields: semiconductor manufacturing, software or information technology; nanotechnology or micro-electromechanical systems; biotechnology, life sciences or medicine; or industrial technologies such as energy, petroleum refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar , chemical processing, aerospace or defense and others. "The Emerging Technology Fund provides selected Texas companies with the most difficult to obtain, most sought after and the key enabler of early stage companies -- Money," said James Poage, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SATAI. "The ETF is another tangible Texas benefit for companies doing business in San Antonio. SATAI is proud to assist the companies in our region to apply for these funds." Submitted applications are reviewed by a non-biased committee composed of individuals from throughout the South Texas region. This committee in turn recommends the most competitive applications to the ETF's state-wide 17-member advisory committee. The final decision regarding funding is made by the Texas Governor, Lt. Governor and Speaker of the House. The multi layered and thorough review process ensures that projects meet economic outcome expectations and that the technical, marketing and business valuations and validations are completed. South Texas companies and entrepreneurs who are interested in applying should download a Pre-application from www.strcic.com. The pre-application is the first step in applying and includes ample information on what the ETF's applications process entails. Pre-applications should be submitted to jdascher@satai-network.com when completed and applicants that match the ETF's eligibility criteria will be invited to make a full application. The full application must include a completed business plan and is due along with a $250 application fee to the STRCIC by June 27th. About SATAI SATAI exists to Inspire technology innovation and commercialization, Create technology companies, and Grow them into viable businesses in the San Antonio and Bexar County regional economy. For more information on the San Antonio Technology Accelerator Initiative, visit www.SATAI-network.com. SATAI derives support from the City of San Antonio, the University of Texas at San Antonio The main campus is situated on 600 acres (2.4 km²,) at the intersection of Interstate 10 and Loop 1604 near the northern edge of San Antonio, Texas in Bexar County. The university is also one of the UT System's fastest growing schools, maintaining a 12. , Bexar County, private companies, individuals and public institutions. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion