Technology Commercialization Funds

Economic Innovation International, Inc.

Innovation is the key to global competitiveness in today's technology-driven economy. Economic Innovation has pioneered the creation of more than a dozen institutions with assets in excess of $1 billion. These technology commercialization institutions bring the private sector, private and public universities, and state governments into powerful partnerships to focus scarce financial, human, and technology resources on commercializable innovation. These funds create competitive products for global markets, and high quality jobs and wealth for local citizens. Over the years, these technology commercialization funds have successfully invested in every conceivable renewable resource, including solar and wind power, methane gas and thermal energy, co-generation, and techniques for converting traditional power sources into clean energy and sustainable development. The State Science and Technology Association Industry (SSTI) represents the professionals involved in technology-based economic development.

Following is a description of the paradigm fund designed by Economic Innovation and a list of the beta funds also created by the firm.

The Alpha Paradigm Fund: Kansas Technology Enterprise Corporation (1986)

Part of a broad based Kansas effort to create high value-added technology from the State’s wheat, beef, oil and natural gas industries whose primary raw material industries had collapsed in the mid 1980s.

The leading publicly-initiated technology commercialization corporation in the country.

KTEC is responsible for developing investment-grade technology in Kansas’ universities and commercializing in the private sector.

KTEC invests from pre-competitive basic research through to seed capital.

KTEC’s performance in commercializing innovative technology over the past decade has exceeded all forecasts.

Other Similar Beta Funds

Arkansas Science and Technology Authority (1985)

Enterprise Florida Innovation Division (1994)

Kentucky Technology Enterprise Corporation (1986)

Kentucky Science & Technology Council (1987)

Oklahoma Center for the Advancement of Science & Technology (1987)

Plock Technology Development Center, Poland (1993)

Scottish Enterprise (1996)

Virginia Center for Innovative Technology (1995-6)