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 PresentationTRANSCRIPT
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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