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Frequently Asked Questions
If you have any questions that are not answered
on this page or elsewhere on this website, then
click
here to send an e-mail to the Gulf
Coast RCIC for
assistance.
Texas Emerging Technology Fund - General Issues
- What is the ETF Program?
- What emerging technology industries are eligible for funding?
- Who is eligible for funding?
- What are the 3 funding categories?
- What are the RCICs?
- What are the eight Centers of Innovation and Commercialization?
- Who should apply for an
award from the RCIC project fund?
- What are
Research Grant
Matching Awards?
- What are
Research Superiority
Awards?
- What is the Emerging Technology Fund Advisory Committee?
Gulf Coast RCIC
- What is the Gulf Coast RCIC?
- Is the Gulf
Coast RCIC the RCIC I should use?
- Are all RCICs following the same process?
- Who are the Economic Development Organizations?
- What are the Gulf
Coast RCIC Review Committees?
- What is the Gulf
Coast RCIC Board?
Applying to the Gulf
Coast RCIC for funding
- How do I apply for ETF
Awards?
- What is the Application Fee for?
-
What is
the Applicant Agreement?
- How will the Gulf
Coast RCIC select the application they will submit to the ETF Advisory Committee?
- What is the Gulf
Coast RCIC's timeline for researching and selecting applications?
- Once my application is submitted, when will I hear from the Gulf
Coast RCIC?
- What happens if my application is submitted to the ETF Advisory Committee?
- If I'm not awarded funding, can I apply again? Will I have to pay the application fee again?
- What happens if I'm selected by the State to receive funding?
- Must my firm reside in Texas in order to qualify?
- Must you have an established business to submit an application?
- Can businesses participate in multiple simultaneous applications?
- Are there limits on the amount that can be requested?
- What major factors that will be considered for funding requests?
- If I have previously received funding, can I apply for more funds?
Filling out the Application
- How do I fill out the Application?
-
What are
Attachment Documents?
-
What does the Gulf
Coast RCIC do with
Confidential information?
-
How do I submit an Application?
- How does the Gulf
Coast RCIC define a "complete" application?
- Why can't I just submit our Business Plan?
- What is a Principal Investigator?
- What prior rounds of funding should be included in the "Other Sources of Funding" subsection?
- What "in-kind" contributions should be listed?
- Is "tax abatement" considered to be a type of "in-kind" funding?
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Texas Emerging Technology Fund - General Issues
- What is the ETF Program?
In June 2005, Governor Rick Perry signed House Bill 1765, creating a $200 million Texas Emerging Technology Fund (ETF).
In June 2007, the ETF was renewed for
funding through August 2009. The goals of this fund are to:
- expedite innovation and commercialization of research,
- attract, create or expand private sector entities that will promote a substantial increase in high-quality jobs, and
- increase higher education applied research capabilities.
- What emerging technology industries are eligible for funding?
Among the eligible emerging technology industries are semiconductors, information, computer and software technology, energy, manufactured energy systems, micro-electromechanical systems, nanotechnology, biotechnology, medicine, life sciences, petroleum refining and chemical processes, aerospace and defense. Other emerging technology areas may also be eligible for funding.
- Who is eligible for funding?
Emerging technology industry participants are eligible for funding if the activity:
- has the potential to result in a medical or scientific breakthrough,
or a break through in the development of
clean energy alternatives,
-
has meaningful
collaboration with a Texas university,
and
- will result in
the creation of high-quality new jobs in
the state (immediately or over a longer
period)
- What are the 3 funding categories?
The fund is divided into three main areas of interest (projected funds to be distributed in each area, on a quarterly basis over two years):
-
Commercialization
Awards -
Subchapter D -70% of funds
-
Research
Grant Matching
Awards - Subchapter E -
10% of funds
- Research
Superiority
Awards
- Subchapter F -
20% of funds
The Gulf
Coast RCIC only
accepts applications for Commercialization
Awards.
- What are the RCICs?
The ETF provides funding for incentives for private or non-profit entities to collaborate with public or private universities on emerging technology projects with a demonstrable economic benefit to the state.
Regional Centers of Innovation and Commercialization have been assigned by the State for the Emerging Technology Fund (click
here for list). The
seven RCICs shall provide:
- Applied Research & Development activities,
- Commercialization of the applied R&D,
- Incubators for new business and expansion of existing business resulting from applied R&D, and
- Workforce Training for business resulting from the applied R&D.
For more information, refer to the Governor's
web site.
- What are the eight Centers of Innovation and Commercialization?
The
seven Regional CICs
are:
The
Texas Life Science
Center is statewide.
-
Who should apply for a Commercialization
Award?
Projects eligible for
commercialization grants:
- involves emerging scientific or technology funds that have a reasonable probability of enhancing the state's national or global economic competitiveness,
- may result in a medical or scientific breakthrough,
or a break through in clean energy
technologies,
- must be collaborative with Texas universities,
- must have a defined project scope,
a defined commercialization path,
and a complete business plan,
-
must commit to
raising matching equity invesments, and
- must have a
demonstrable economic impact to the
State
For-profit businesses with no more than
$500,000 in prior equity investments may
qualify for Pre-Seed Commercialization Awards,
for up to $250,000 (for an initial project,
plus a total of up to $1,000,000 including
subsequent funding requests), and be able to take up
to 30 months to raise matching funds.
-
What are Research
Grant Matching Awards?
Priority for
research grant
matching awards shall be given to proposals that accelerate commercialization into production by targeting programs that:
- address federal or other major research sponsors priorities in emerging scientific or technology fields
- are interdisciplinary
- are collaborative
- are likely to result in a medical or scientific breakthrough,
or a breakthrough in clean energy
technologies
- have a demonstrable economic development benefit to the state
Research Grant Matching Awards can only be given
to a Consortium. The Consortium must
consist of:
-
at
least one Texas university,
-
at least one for-profit business, involved
in commercializing the project's technology,
and
-
may
include at least on non-profit business
The ETF will match federal, foundation or
corporate grants.
For-profit businesses can only apply for
Commercialization Awards.
Applications for
Research Grant Matching Awards are
submitted directly to the Governor's
office. For more information
on Research Grant Match Awards, refer to the Governor's
website.
- What are
Research Superiority
Awards?
These
awards shall be used to acquire new or enhance existing research superiority (talent) at public institutions of higher education in the state. Public institutions of higher education may submit proposals for:
- creating new research superiority
- attracting existing research superiority from institutions outside of the state
- enhancing existing research superiority by attracting from outside the state additional researchers and resources
The Gulf Coast RCIC is not involved with these
awards. For more information, refer to the Governor's
web site.
- What is the Emerging Technology Fund Advisory Committee?
The Governor has appointed a
17 member committee, composed of individuals who are industry leaders in the state or who are nationally recognized researchers from public or private institutions of higher education in the state. The committee will review proposals for all three funding areas and make recommendations to the Governor, Lt. Governor, and Speaker of the House.
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Gulf Coast RCIC
- What is the Gulf Coast RCIC?
The Houston Technology Center (HTC), in collaboration with the Greater Houston Partnership, and Economic Development Organizations throughout its
30-county region, will serve as the Gulf Coast RCIC (regional map). The counties in the GC RCICs region are Angelina, Austin, Brazoria, Brazos, Burleson, Chambers, Colorado, Fort Bend, Galveston, Grimes, Hardin, Harris, Houston, Jasper, Jefferson, Leon, Liberty, Madison, Matagorda, Montgomery, Nacogdoches, Newton, Orange, Polk, Robertson, San Jacinto, Trinity, Tyler, Walker, Waller, Washington, and Wharton.
The
Gulf Coast RCIC will be responsible for receiving applications for
Commercialization
Awards for companies located within the Gulf Coast region. The
Gulf Coast RCIC will research each application and submit recommendations to the Emerging Technology Fund Advisory Committee.
The
Gulf Coast RCIC will also assist with commercialization of the funded technologies, as well as provide private support to the companies and workforce.
- Is the
Gulf Coast RCIC the RCIC I should use?
The
Gulf Coast RCIC serves its
30-county region for all emerging technologies.
Companies with a
current or planned presence within the
Gulf Coast RCIC's
30-county region should submit
their applications to the
Gulf Coast RCIC. Also
companies with university partners within
the Gulf Coast RCIC's region may submit their
applications to the Gulf
Coast RCIC.
For emerging technology businesses in the region of more than one RCIC,
Applicants must select only one RCIC to
which they will submit an Application
for any funding round.
Because Awardees will receive post-award
support from their RCIC, Applicants
should submit through the RCIC that can
help them once they receive an award.
- Are all RCICs following the same process?
Each RCIC is an independent, private entity and will define the process they will use for researching applications and selecting the applications to be submitted to the ETF Advisory Committee.
- Who are the Economic Development Organizations?
The primary mission of Economic Development Organizations (EDOs) is to promote economic development in the geographic area. The
Gulf Coast RCIC is working with EDOs located throughout its
30-county region (web page). The EDOs can be a valuable resource for helping emerging technologies businesses.
The
Gulf Coast RCIC
recommends all applicants contact
a local EDO and include an EDO Qualifying Letter when submitting their application. Applicants should work with the EDO who is in their local area and will provide them the assistance they will need to submit their application.
- What are the
Gulf Coast RCIC Review Committees?
The
Gulf Coast RCIC has
three Review Committees - for Energy,
Life Science and Technology.
Each Review Committee is composed of
volunteers who perform business and scientific reviews for each application. The Review Committees will submit their recommendations to the
Gulf Coast RCIC Board.
The Review Committee members for the
most recent funding round are listed on
this website.
Each
quarter, the Gulf Coast RCIC accepts
applications for new volunteers to serve on
the Review Committee. Interested
volunteers can submit an application through
this website by clicking
here.
- What is the
Gulf Coast RCIC Board?
The
Gulf Coast RCIC
Board of Directors has responsibility
for making the final decision on the applications that will be submitted to the ETF Advisory Committee. Refer to the
Gulf Coast RCIC Board page on this web site for a list of current Gulf
Coast RCIC Board members.
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Applying to the Gulf
Coast RCIC for funding
- How do I apply for
ETF Awards?
Potential applicants are encouraged to contact their local EDO for guidance, and should review the online Application pages on this web site for details on submitting an application.
Potential applicants should attend the
quarterly Applicant Workshop, which will
normally be scheduled about one month for
the Application Submission Deadline.
All
Applicants will be required to attend an
Application Planning Meeting with Gulf Coast
RCIC Staff, which will be scheduled after
the Applicant has submitted an Applicant
Registration (to be scheduled after the
Applicant Workshop). Applications will
not be accepted unless the Applicant has
attended a Planning Meeting.
- What is the Application Fee for?
The application fee is $250 covers the administrative costs for reviewing and selecting applications. The fee is paid to the Houston Technology Center.
For
re-applications of projects previously
processed by the Gulf Coast RCIC, a $125
re-application fee is required.
-
What is
the Applicant Agreement?
An executed copy of the Applicant
Agreement must be provided to the
Gulf Coast RCIC
(via mail) before the Applicant's
Application will be accepted for processing.
The Applicant Agreement affirms the
Applicant's acceptance of the
Gulf Coast RCIC's terms
and conditions for processing TETF
applications.
- How will the
Gulf Coast RCIC select the applications they will submit to the ETF Advisory Committee?
On a quarterly basis, the
Gulf Coast RCIC will follow its Application Process for reviewing and selecting applications to be submitted to the ETF Advisory Committee for funding consideration. This process is documented on the Application Process pages on this web site.
For Life Science applications, the Gulf
Coast RCIC may recommend those
applications undergo an additional,
independent, statewide review by the Texas
Life Science Center. Applicants will
be notified if this extra review will be
performed on their applications.
- What is the
Gulf Coast RCIC's timeline for researching and selecting applications?
After the Application Submission Deadline, the Gulf
Coast RCIC will typically have between 4 to 6 weeks to review all submitted applications and make their selections for state consideration. The timeline for the current funding round is documented on the
Calendar page on this web site.
- Once my application is submitted, when will I hear from the
Gulf Coast RCIC?
The
Gulf Coast RCIC will hold three levels of review meetings before a final selection is made for applications being submitted to the ETF Advisory Committee.
After each review meeting, all applicants will be notified by phone
and/or e-mail. For the second and third round of
Gulf Coast RCIC review, applicants will be asked to make a short (15
to 30 minute) presentation to the
Gulf Coast RCIC.
Each
applicant will receive feedback from the
Gulf Coast RCIC's volunteers and/or staff.
For applications selected
by the Gulf Coast RCIC for submission to the ETF
Advisory Committee, Applicants will have an
opportunity to amend their application and
address feedback from the
Gulf Coast RCIC, before the
application documents are submitted to the
State.
- What happens if my application is submitted to the ETF Advisory Committee?
Once the
Gulf Coast RCIC submits applications to the state's ETF Advisory Committee, responsibility for the application passes to the State.
The ETF Advisory Committee will likely request the Gulf
Coast RCIC to organize a presentation from your company to members of the ETF Advisory Committee.
This presentation will be the same as the
presentations given previously to the Gulf
Coast RCIC Review Committee and Board.
- If I'm not awarded funding, can I apply again? Will I have to pay the application fee again?
If you are not awarded funding, you may apply again. The
Gulf Coast RCIC provides feedback to all applicants, that can help them improve their applications for re-submission.
Applicants considering a re-application
are also encouraged to schedule a
planning session with the RCIC staff to
go over feedback and the applicant's
strategy for re-applying.
A new application fee
or a re-application fee
may be required if you re-apply.
- What happens if I'm selected by the State to receive funding?
The details of this will be determined by the State. A contract will be negotiated with the State on the
project milestones, details of fund dispersement and return on investment for the State.
The
Gulf Coast RCIC will be available to provide assistance to companies receiving awards from the ETF.
All Gulf Coast region ETF Awardees are
provided one year of Client Services
from the Houston Technology Center as
part of their ETF award.
- Must my firm reside in Texas in order to qualify?
Your firm must either reside in Texas, have plans to relocate to Texas
and/or spend the majority of the awarded
and matching funds in Texas.
- Must you have an established business to submit an application?
Yes.
- Can businesses participate in multiple simultaneous applications?
Yes.
Each application will require a separate
Application Fee. However, each
business may only be allowed one active
Award at a time.
It
is strongly recommended that businesses
focus on one application per funding round.
- Are there limits on the amount that can be requested?
This fund
will distributed in quarters over
a two year period, to applications
submitted through
seven RCICs.
Due to the amount of competition for the awards, applicants should carefully consider how much will be requested.
The State will not fund
Commercialization
Awards over $5M.
The suggested funding guidelines are:
- Pre-seed, first-money companies -
up to $250K
- Early stage companies -
up to $2.5M
- What major factors that will be considered for funding requests?
The priority for funding is:
- Involves emerging scientific or technology fields that have a reasonable probability of enhancing the state's national or global economic competitiveness
- May result in a medical or scientific breakthrough,
or a breakthrough in clean energy
technologies
- Are collaborative with Texas universities
- Are matched with other funds (with hard equity, not in-kind) and funding not covered by other public policy mechanisms or funds
- Have a demonstrable economic benefit to the state
- Creation of high paying jobs in the state (most jobs paying at least $18/hour)
- Claw back if entity fails to perform a required action or meet milestones
- Guarantee of commercialization or manufacturing in Texas
- If I have previously received funding, can I apply for more funds?
While companies may
apply for additional awards, it's likely
that companies may be restricted to
receiving only one award during the
State's two-year biennium.
Pre-Seed Awardees will be authorized to
receive up to
a
total of $1,000,000 for their award.
The initial funding will be up to $250,000,
and once the initial project is completed,
the pre-seed awardee may request up to the
remaining allocated funds.
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Filling out the Application
- How do I fill out the Application?
The Application form is a Microsoft Word document that can be downloaded from this web site. Fill out the form using Microsoft Word (or compatible application).
-
What are
Attachment Documents?
The Application Form specifies Attachment
Documents that are to be submitted with the
Application. Refer to the Application
Form and Application Checklist for more
details.
-
What will the Gulf
Coast RCIC do with
Confidential information?
The Gulf Coast RCIC will not
accept any Confidential
information for their review of applications.
However, the State will accept Confidential
information for review by the ETF Advisory
Committee.
At the Application
Submission Deadline, the Gulf Coast RCIC will not accept any Application
Forms or Attachment
Documents containing Confidential information.
For Applicants selected
for submission to the State, there will be
an opportunity to submit revised application
documents, including Confidential
information, for State submission.
Upon completion of the application selection
process, the Gulf Coast
RCIC will destroy all
applications and associated documents
collected during the funding round.
Each Applicant should maintain copies of all
information submitted to the Gulf
Coast RCIC.
The Gulf Coast RCIC will not be able to provide
back-up copies of documents submitted to the
Gulf Coast RCIC.
- How do I submit an Application?
All applications to the Gulf
Coast RCIC must be submitted electronically through this web site, included all required additional documents.
No applications will be accepted via any other means.
- How does the Gulf
Coast RCIC define a "complete" application?
All fields in the application should be populated with information. If fields are not applicable, then indicate "N/A".
The Application
Form specifies what additional
Attachment Documents are to be submitted
with the Application Form.
- Why can't I just submit our Business Plan?
Using a standard
Application form ensures reviewers will have the information they require.
A detailed Business Plan is a Required
Attachment for all
applications,
along with a 2 page Executive Summary.
- What is a Principal Investigator?
"Principal Investigator" is an academic term referring to the person who is the lead on a scientific project. For a company project, this would be the person driving the science or technology portion of the business. This might be a lead engineer, company's CTO, or scientific advisor. This person may not be a full time employee of the company, but must at least be affiliated through some form of collaboration.
- What prior rounds of funding should be included in the "Other Sources of Funding" subsection?
At a minimum, any project related funding received over the last year should be listed. This does not include founder contributions.
- What "in-kind" contributions should be listed?
In-kind contributions include donations of time, office or laboratory space, or software licenses. The in-kind contributions can illustrate collaboration and help validate the business concept.
Matching contributions should be hard equity, and not in-kind.
- Is "tax abatement" considered to be a type of "in-kind" funding?
Yes.
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