AUSTIN Gov. Rick Perry today announced that the Texas Emerging Technology Fund (TETF) is awarding a $3.5 million research superiority grant to the University of Houstons Texas Center for Superconductivity (TcSUH) to help establish and recruit top scientists and researchers in superconductivity to the centers Applied Research Hub.
The TETF has helped create an unparalleled research environment in our state by encouraging innovation and providing a path for bringing emerging technologies from the laboratory to the marketplace" Gov. Perry said. The University of Houston is a worldwide leader in superconductivity technology and this grant will help expand their research capabilities while encouraging the commercialization of this promising technology."
TcSUHs Applied Research Hub will expand the University of Houstons role in the science discovery and applications of high temperature superconductors that are used in a variety of technologies including energy medical equipment industrial process communications and transportation. The hubs initial focus will be to develop and commercialize a second generation superconducting wire that will improve the efficiency security stability and environmental compatibility of the electric power grid which has significant implications for the transmission and distribution of electricity from renewable sources such as wind and solar energy.
Excellence in research and among faculty are key elements of a Tier One institution and this award confirms our achievements in both areas and is a clear indication that the University of Houston is on the road to becoming a Tier One university" University of Houston System Chancellor Renu Khator said. This TETF award will provide new infrastructure and capabilities for applied research to attract companies and engage collaborative research and development of these technologies for energy and medicine."
The Applied Research Hub will also address a critical need by providing workforce training for the next generation of professionals in the superconductor industry. The hub will also work to develop high temperature superconductors for use in the biomedical industry.
The TETF is a $200 million initiative created by the Texas Legislature in 2005 at the governors request and reauthorized in 2007 and again in 2009. A 17-member advisory committee of high-tech leaders entrepreneurs and research experts reviews potential projects and recommends funding allocations to the governor lieutenant governor and speaker of the House. To date the TETF has allocated more than $128 million in funds to 99 early stage companies and $153 million in grant matching and research superiority funds to Texas universities.
AUSTIN Gov. Rick Perry today announced that the Texas Emerging Technology Fund (TETF) is awarding a $3.5 million research superiority grant to the University of Houstons Texas Center for Superconductivity (TcSUH) to help establish and recruit top scientists and researchers in superconductivity to the centers Applied Research Hub.
The TETF has helped create an unparalleled research environment in our state by encouraging innovation and providing a path for bringing emerging technologies from the laboratory to the marketplace" Gov. Perry said. The University of Houston is a worldwide leader in superconductivity technology and this grant will help expand their research capabilities while encouraging the commercialization of this promising technology."
TcSUHs Applied Research Hub will expand the University of Houstons role in the science discovery and applications of high temperature superconductors that are used in a variety of technologies including energy medical equipment industrial process communications and transportation. The hubs initial focus will be to develop and commercialize a second generation superconducting wire that will improve the efficiency security stability and environmental compatibility of the electric power grid which has significant implications for the transmission and distribution of electricity from renewable sources such as wind and solar energy.
Excellence in research and among faculty are key elements of a Tier One institution and this award confirms our achievements in both areas and is a clear indication that the University of Houston is on the road to becoming a Tier One university" University of Houston System Chancellor Renu Khator said. This TETF award will provide new infrastructure and capabilities for applied research to attract companies and engage collaborative research and development of these technologies for energy and medicine."
The Applied Research Hub will also address a critical need by providing workforce training for the next generation of professionals in the superconductor industry. The hub will also work to develop high temperature superconductors for use in the biomedical industry.
The TETF is a $200 million initiative created by the Texas Legislature in 2005 at the governors request and reauthorized in 2007 and again in 2009. A 17-member advisory committee of high-tech leaders entrepreneurs and research experts reviews potential projects and recommends funding allocations to the governor lieutenant governor and speaker of the House. To date the TETF has allocated more than $128 million in funds to 99 early stage companies and $153 million in grant matching and research superiority funds to Texas universities.
