who we are – north texas rcic

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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. - PowerPoint PPT Presentation

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Page 1: Who We Are – North Texas RCIC

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Page 2: Who We Are – North Texas RCIC

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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

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What We Do

Identify emerging technologies that change our:a) Environmentb) Culturec) Economics

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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

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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

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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.

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Investing in Innovation

North Texas Portfolio Companies

41 funded companies = $53M7 Research and Centers of Excellence: $32M

19 – IT and Telecommunications14 – Life Science6 – Energy, Environmental 2 – Advanced Technologies & Manufacturing

Attracted $151M in private/VC investmentCreated 325 new jobs, 1100 indirect jobs9 regional business incubatorsActive technology transfer offices in regional universitiesGrowing Arts and Engineering programs