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Kansas Commercialization Centers to Help Companies with Equipment Needs

December 11, 1998

The Kansas Technology Enterprise Corporation (KTEC) has initiated a program to help technology-based start-up companies locate and obtain equipment needed for their operations.

KTEC's three Innovation and Commercialization Corporations (ICCs) may now purchase equipment used for scientific, analytical, manufacturing or other business purposes and lease it to client companies. Each of the three corporations received $55,000 for the program. Lease payments from the client companies will be used to purchase additional equipment.

The ICCs provide business development and pre-seed financing to start-up, technology-based businesses. They offer a variety of business incubation services at no cost or reduced cost. These services include management services, office space, administrative support, and business plan writing.

For additional information on the program, contact Ron Sampson of the Mid-America Commercialization Corporation in Manhattan, Kansas at 785/537-0110. More information on the ICCs is available on the SSTI website at http://www.ssti.org

Kansas