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How KTEC Works
KTEC is a private/public partnership established by Kansas to promote technology based economic development. KTEC assists Kansas entrepreneurs and technology companies by supporting the development and commercialization of new technologies through a statewide network designed and built to support researchers, entrepreneurs, and technology companies through each phase of the technology life cycle. The ultimate goal of the program is to create rapid growth companies and higher paying jobs. The KTEC's many programs and affiliate organizations fall into three basic functional areas:
- Strategic Research and Development/Centers of Excellence:
Located at the state's universities, these Centers conduct basic and applied industry-led research that is the foundation for new products and technologies.
- KTEC's Intense, Hands-on Business Assistance/Incubators:
Unique private/public partnerships designed to turn intellectual property and science into businesses and products to sell in the marketplace.
- KTEC Investment Funds: KTEC provides equity investment in early-stage technology companies and helps companies acquire the capital they need in critical early states.
KTEC: A Key Ally in the Biosciences
As a natural extension of its mission, KTEC has played a key support role in the statewide Bioscience Initiative. As a sponsor of the Regional Bioscience & Innovation Roadmap process, as a founding member of KansasBio, and as a support to the Kansas Bioscience Authority, KTEC is dedicated to statewide success in the competitive bioscience industry.
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