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Startech Foundation ( www.startech1.org ) announced today that it is now accepting applications from south central Texas based technology startups for funding by the Texas Emerging Technology Fund. This announcement represents the fourth investment fund of the nationally known program created by the State of Texas and is designed to provide early stage seed funding for technology startups, university faculty, and others that have an emerging technology that may be ready for commercialization.

“Funds may be used for any legitimate business purpose but the primary focus of the fund is to facilitate those technologies that are ready to come off the lab bench and get into the marketplace,” said Jim Poage, President of Startech. “The Texas Emerging Technology Fund has been recognized by other states and national investment groups as a truly innovative program. In South Texas alone it has helped a number of young companies and universities in the valuable role of adding jobs and launching new technologies. We have been pleased that south central Texas companies and universities have received almost $43M,” Poage continued.

To read the full, original article click on this link: $80M Available for Texas Based Technology Startups - MarketWatch