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Austin is well recognized as a hub of entrepreneurial activity. The Austin Chamber understands the importance of innovation and promotes its commercialization by Central Texas companies. Our professional staff focuses its entrepreneurial efforts on the State of Texas Emerging Technology Fund (ETF) as well as related programs like the Central Texas Angel Network and the Chamber's AusTech Alliance. The Texas ETF program works in partnership with state government, higher education and private industry to focus on research, development and commercialization.
The CenTex RCIC is a virtual center that operates out of the Austin Chamber of Commerce and serves as a catalyst for emerging technology research, development, commercialization and start-up incubation. In an effort to keep Texas globally competitive, the CenTex RCIC focuses on integrating technology development and commercialization in a 15-county region.
The Texas Enterprise Fund is used primarily to attract new business to the state or to assist with the substantial expansion of an existing business as part of the competitive recruitment. It is the largest “deal closing” fund of its kind in the country.
