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1. 2 Who We Are – North Texas RCIC Connecting Innovation & Capital Our mission... to accelerate the growth of the North Texas technology based economy.

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Presentation on theme: "1. 2 Who We Are – North Texas RCIC Connecting Innovation & Capital Our mission... to accelerate the growth of the North Texas technology based economy."— Presentation transcript:

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2 2 Who We Are – North Texas RCIC Connecting Innovation & Capital Our mission... to accelerate the growth of the North Texas technology based economy by identifying, educating, and connecting entrepreneurs, investors, universities, government, and business. IDENITIFY CONNECT EDUCATE

3 3 What We Do Identify emerging technologies that change our: a)Environment b)Culture c)Economics

4 4 Technologies of Interest Platform Technologies – building blocks for seamless, interconnected architectures Adopting technology, faster implementation of innovation Context based services – streamlining data, value-added services, social IT Extending and integrating business capabilities. Mobile & Business Intelligence – solutions for anyone, anywhere Applications, financial, development techniques and tools Analog – Digital – foundations for Advanced Technology & Manufacturing Precision tools, smart systems, medical devices

5 5 Not just a passing trend… Technologies of Interest Advanced Manufacturing – Tools, molecular engineering, nanoscale Environmental – Chemical, organic, high yield production, green tech Energy – wind, water, smart systems Synthetic Biology – Therapeutics and processes Information Technologies & Communications – Mesh networks, mobile mapping, identification, business intelligence

6 6 Identifying Emerging Businesses The future businesses of Texas must have: 1)IP – Patents. Competitive advantage, trade secret, platform for difference 2)A Team. Experienced entrepreneur. Market and technology expertise. 2)Customer and or institutional product/technology validation. 2)Market. Size of opportunity. Growth and cross market applications. 2)Business model. License technology, revenue generation.

7 7 Investing in Innovation North Texas Portfolio Companies 41 funded companies = $53M 7 Research and Centers of Excellence: $32M 19 – IT and Telecommunications 14 – Life Science 6 – Energy, Environmental 2 – Advanced Technologies & Manufacturing Attracted $151M in private/VC investment Created 325 new jobs, 1100 indirect jobs 9 regional business incubators Active technology transfer offices in regional universities Growing Arts and Engineering programs

8 8 MODRIA


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