The state of Kansas experienced an economic slump from the early eighties to the mid-eighties. Most of the major industries in the state such as oil & gas and agriculture were not performing too well. This was when the Kansas Advanced Technology Commission (KATC) was born. The KATC, created in 1983 was meant to provide support to technological projects in the state of Kansas. KATC is the predecessor of the Kansas Technology Enterprise Corporation (KTEC). During that period, the KATC saw that focusing on technology instead of the traditional industries such as oil& gas, aviation and agriculture could help the state rise from the economic slump. Today, the KTEC continues to support technological projects and companies to push for the economic development in the state.
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Author: Richard Barthallo