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KTEC Connection: Kansas City Star Feature


Courtesy of The Kansas City Star
KTEC's mission, expansive network and impact on the Kansas economy was featured in full color by the Kansas City Star in its Tuesday Business Edition April 11, 2006.
The story featured five KTEC assisted companies as just a sample of KTEC's impact on technology start-ups, budding tech entrepreneurs and growing Kansas businesses. Congratulations to Crititech, Medi-Flex, Immunogenetix, CD TradePost and Higuchi Biosciences Center for being featured in this edition.
CLICK to read the story. |
KTEC Impact
Reflecting on the Past and Looking to the Future
By Charles Decedue
Higuchi Biosciences Center

As any forward thinking organization should do, KTEC has evolved during the past 20 years. The legislation that created KTEC was itself quite forward in its thinking, but over time, the actual operation of that early vision needed to change with the changing times.
In 1987 very few people working in academia felt that they had any role, let alone a significant role to play in economic development. A few thought-leaders from across the state recognized that for Kansas to be an active participant in the economy of the 21st century, it would be essential for university researchers, state and local policy makers and the business community to join forces. KTEC was the product of their thinking, and it has done its job remarkably well.
In the case of the Higuchi Biosciences Center, KTEC played a catalytic role in creating a center within the University of Kansas that has grown into an $18 million per year research engine that has also spun out several technology-based companies.
CLICK to read more. |
The Cutting Edge

KTEC has unveiled the KTEC PIPELINE, KTEC’s newly formed technology entrepreneurial fellowship program. The program will identify talented, entrepreneurial Kansans, match them with best-in-class training, resources and mentors and encourage the PIPELINE “Innovators” to pursue a career as technology entrepreneurs in Kansas.
By ensuring that KTEC Innovators have access to capital, know-how, experienced mentors and talented employees, Kansas will work to provide infrastructure for success that many think is
available only in the ‘money’ centers on the coasts. The KTEC PIPELINE adds to KTEC's
comprehensive technology program by ensuring the most important component to any successful economy – a cadre of innovators that will lead the Kansas economy for years to come.
CLICK to learn more. |
Inspiring Entrepreneurial Spirit for 20 Years
As part of its 20th anniversary celebration, KTEC has partnered with Ernst & Young as a Patron Platinum Sponsor for the annual Entrepreneur Of The Year awards’ program. 2006 also marks the 20th anniversary for the Ernst & Young Entrepreneur of the Year awards program. For two decades, the awards’ program has honored entrepreneurial men and women and the companies they build and grow. KTEC is the exclusive supporter of the regional reception on Thursday, June 22 at the Hyatt Regency Crown Center in Kansas City, Mo.
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Us!
KTEC has developed and expanded its research, investment and assistance programs to meet the constantly changing needs of Kansas companies and to keep pace with the evolving innovation economy. As a result, KTEC has been able to successfully assist individuals and organizations throughout the state.
Please email us your success stories and comments about KTEC and its 20 years of innovation.
CLICK HERE to email us! |
Upcoming Events
KTEC Board Meeting
Kansas City
June 8
Ernst
& Young Entrepreneur of the Year Award
Kansas City
June 28
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KTEC NewsByte
The KTEC NewsByte is an electronic publication containing news from the KTEC network, as well as regional and national information relevant to science, technology, business and bioscience industries in Kansas.
Kansas Technology Enterprise Corporation
214 SW 6th Street, First Floor
Topeka, Kansas 66603
Phone 785.296.5272
Fax 785.296.1160
Email: communications@ktec.com |
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20 years of KTEC Innovation:
- Provided $14.2 million of investments to 257 companies.
- Invested $6.9 million in 41 companies. Around 2000, KTEC made a strategic shift from grants to investments, for which it receives an equity stake in companies.
- Helped companies that created or retained a total of 14,900 jobs.
- Helped companies that then received substantial money from other sources. Last year, for example, 17 of the companies in the organization’s portfolio raised an additional $31.6 million.
- Supported research at facilities, including the Higuchi Biosciences Center at KU and the Kansas Polymer Research Center at Pittsburg State.
- Supported eight business incubators, including the Enterprise Center of Johnson County, the University of Kansas Medical Center Research Institute and the Lawrence Regional Technology Center. |
As a lifelong Kansan, I am continually inspired by the entrepreneurial spirit and commitment to innovation in the great state of Kansas. In 1986, the state leaders that founded KTEC demonstrated this innovative spirit when they created this unique private sector style organization. Since that time, Kansas has called on KTEC to play the leading role in stimulating technology based economic development – keeping Kansas on the “cutting edge” of an increasingly competitive global economy. It is challenging and inspiring work. I have been humbled and motivated by my role in this important organization.
KTEC’s 20th anniversary year presents a tremendous opportunity to celebrate the entire KTEC Network and its work to meet, and even exceed in meeting, the goals of our founders. As part of this celebratory year, I would like to share this special edition of the KTEC NewsByte to showcase 20 years of hard work, our important statewide partners in the KTEC Network, our ever-increasingly talented pool of professionals, our cutting-edge initiatives and KTEC’s history of success in positively impacting the Kansas economy and innovation environment.
It’s terrific to have moments like the 20th anniversary to give us time to reflect. As we are dedicated to paving the way for the future, it is sometimes difficult to take the time to reflect on what we have already accomplished. However, it is important to honor all who have worked at KTEC to make it the great organization it is today. I hope you share my immense pride in KTEC, our board, our wonderful employees, our Centers of Excellence, Business Assistance Incubators, MAMTC and our dedicated Entrepreneurs in Residence. It’s an environment of dedication and innovation that Kansas can claim for the next 20 years.
The future truly is “As Big as you Think” in Kansas. KTEC will remain vigilant in ensuring that innovation remains a central focus of our prosperous future for the next 20 years.
Best regards,
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KTEC Network - It's Bigger Than You Think!
KTEC’s mission is to promote innovation in Kansas, in addition to creating jobs and enhancing and preserving our economic base. KTEC is committed to supporting the KTEC network, which gives Kansas companies access to some of the most knowledgeable and influential scientists, engineers and entrepreneurs in Kansas.
KTEC Centers of Excellence are university-based research centers, each with its own technology specialization. The Centers conduct innovative research and provide technical assistance with the overlapping aims of creating new companies, strengthening existing companies and serving as expert resources to other KTEC programs.
CLICK to learn more about the KTEC Centers of Excellence.
KTEC Business Assistance Incubators provide business incubation and support to high-potential businesses. They have formed strategic partnerships with their respective communities and/or area universities to assist in the successful development of promising young technology companies into thriving mature businesses.
CLICK to learn more about the KTEC Business Assistance Incubators.
Mid-America Manufacturing Technology Center (MAMTC) helps small and medium-sized manufacturers improve their competitiveness by assisting them in modernizing their operations and adopting appropriate technologies, as well as management, marketing and business practices. MAMTC, which is funded by KTEC, works in locations across the entire state of Kansas.
CLICK to learn more about MAMTC.
CLICK for more information about Technology and Manufacturing.
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Whether it’s providing matching funds for a university researcher’s NIH grant, assisting an inventor with an SBIR grant application, introducing early stage companies to angel investors and venture capitalists, or working with senior leadership of research institutions to identify and plan for “the next big idea” in technology-based economic development, KTEC is the state of Kansas’ voice and resource for technology commercialization. |
KTEC Commercialization Value Chain
CLICK TO ENLARGE the
KTEC
Value Chain

Nearly 20 years ago, the state of Kansas created Kansas Technology Enterprise Corporation (KTEC) to promote the development of high technology industries in Kansas. Since then, KTEC’s private sector leadership has continuously adapted its programs to the ever-changing needs of high-growth technology companies and the entrepreneurs leading them.
Simply put, technology commercialization is the process of transforming scientific discoveries first into intellectual property, then into market-driven products or services and ultimately into stakeholder value.
KTEC’s core operations and affiliates contribute to the process by which bioscience researchers, inventors, entrepreneurs, investors and operations' managers in Kansas increase stakeholder value. With KTEC as a state-sponsored partner, technology companies can achieve success in Kansas as readily as anywhere in the world.
CLICK to read more and view the KTEC Value Chain. |
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Continued Leadership in the Biosciences
Recognizing that 21st Century economic growth would be significantly affected by the biosciences, KTEC created the strategy and drafted the legislation for the Kansas Economic Growth Act (KEGA), the 2004 legislation that empowered the Kansas Bioscience Authority to invest an estimated $580 million of bioscience-related economic stimulus over fifteen years.
Once KEGA was passed and the Bioscience Authority created, KTEC supported this new instrumentality of the state by facilitating a strategic planning process and supporting its early operations.
Today, KTEC is working with leading bioscience entrepreneurs, researchers and corporations to develop compelling investment proposals for consideration by the Bioscience Authority.
KTEC is working with the Bioscience Authority to increase access to capital for early stage bioscience companies. The strategy currently under development involves emulating the success of BioEnterprise, a business formation, recruitment and acceleration initiative designed to grow health care companies and commercialize bioscience technologies in Northeast Ohio.
Working with BioEnterprise, KTEC is also developing a plan for a co-investment fund that would increase the attractiveness of Kansas bioscience companies to venture capital firms outside the region. |
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KTEC Recruits Industry Leaders, Visionaries
KTEC has strengthened its service to Kansas’s entrepreneurs by adding to its network several highly capable professionals. With new and complex initiatives in place, there is an ever-growing need for high-level talent to provide expertise so that the state may expeditiously move forward and reap economic benefits of these programs. KTEC is dedicated to putting talented people in place to move these complex initiatives forward.

Diarmuid Boran
KTEC Entrepreneur in Residence
CLICK to learn more.

Trish Costello
KTEC Entrepreneur in Residence
CLICK to learn more. |
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Kevin Carr
KTEC Chief
Operating Officer
CLICK to learn more.
Ken
Lynn
Executive Vice President of Strategy
& Policy
CLICK
to learn more.
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Joni Cobb
KTEC PIPELINE President
CLICK to learn more.
Michele Weigand
KTEC
Vice President of Investments & Portfolio Management
CLICK to learn more.
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