The North Texas Enterprise Center for Medical Technology (NTEC) welcomes all technology entrepreneurs looking to start a new venture or grow an existing one. However, to ensure that NTEC can deliver the value-added incubation and acceleration services consistent with our Mission Statement we apply the follow general criteria for considering ventures for entry into our program:

• Innovative and identifiable intellectual property.
• Time to market for the ventures products/services should be no more than three (3) years.
• Preliminary business plan including pro forma financial statements showing significant revenues within five (5) years.
• Healthcare Industry focus with emphasis in medical devices and healthcare related information technology and software. Wireless technologies with broad application to include healthcare and/or medical devices.
• Founding entrepreneur is full-time in the venture being launched and possesses niche specific expertise. Additional product development team members are desired.
• Sufficient seed capital or personal financial resources to carry the venture four (4) months at the current burn rate.
• A willingness to utilize the full breadth of services offered by NTEC and an openness to being mentored.

Before completing our application we encourage you to consider the criteria outlined above. As you can see, NTEC is looking for committed entrepreneurs with innovative ideas, a willingness to learn and be supported and the ability to have significant market impact within a reasonable timeframe. If you have any questions about whether your business venture is eligible for consideration, please contact us.