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Individual ideas find substance in the CITM
Incubator. An idea for a new product, service, technology,
etc. enters the Incubator, CITM personnel analyze the idea,
and plans are drawn up for future development of the idea.
The Incubator generates technology, business,
marketing, and expansion plans based on the original idea
submitted. After initially analyzing the plan, CITM personnel
determine if the plan is feasible; if so, the idea is moved
to the second stage of the incubation process: searching and
submissions for venture capital.
The Center for Information Technology and
Management has several venture capital avenues to explore.
For instance, The University of Texas at Dallas has an alliance
with Star Tech, a firm devoted to aiding in the startup of
promising new companies. Interested venture capital providers
analyze your generated business plans and decide whether or
not the proposed plans meet the fundamental criteria of the
firm necessary for them to provide startup capital costs for
the company.
Ideally, after the analysis and approval
of venture capital the company will be on its way to becoming
a thriving firm, generating immense revenue for all parties
involved.*
*Results may vary and there is no guarantee
of success.
To submit a potential Incubator idea, please
complete the Incubator
Request Form and email it to citm@utdallas.edu.
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