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Funding

Funding: State Funding

ETF/RCIC

HB 3319
Passed by the Texas Legislature in 2007, HB 3319 provides a sales tax exemption on all items that are required to make a facility a cleanroom, including pharmaceutical cleanrooms used in manufacturing that are built as part of a new facility. This includes (but not limited to) specialized plumbing and fixtures, air systems, surface and glass components, etc.

The Central Texas Regional Center of Innovation and Commercialization (CenTex RCIC) serves as a catalyst for emerging technology research, development, commercialization, and start-up incubation in Central Texas as part of Texas' efforts to remain globally competitive. The CenTex RCIC is an enabler for coordinating the region's research entities and technology firms in regards to the Emerging Technology Fund. The center focuses on integrating technology development and commercialization. The CenTex RCIC accepts applications from the 15-county region. The CenTex RCIC is managed by the Austin Chamber of Commerce under arrangement with the Office of the Governor of Texas. Quantum Logic Devices and Monebo Technologies are local life science companies who have received funding through the ETF.


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