The North Texas Enterprise Center for Medical Technology (NTEC) is a 501(c)(3) Not-for-Profit corporation that assists entrepreneurs with starting and growing new medical technology ventures. The Center provides a broad base of support to entrepreneurs, both internally and through its extensive resource network.

As the leading medical technology accelerator in the Southwest, NTEC provides its program companies with a comprehensive suite of services and infrastructure enabling them to accelerate market entry and attract investment capital.  NTEC program companies can access a wide range of business, academic, legal, marketing and financial partners and advisors that provide the niche specific expertise to help mitigate risk and accelerate new venture development. 

NTEC is focused on the rapidly growing medical technology sector which includes medical instruments and devices, diagnostic equipment, medical therapeutic devices, medical monitoring equipment, and other health related products.  NTEC seeks out medical technologies which have the potential to become disruptive by leveraging the convergence of computer processing power, communications, software, and information technology.

The North Texas Enterprise Center is supported through a public-private partnership between the Frisco Economic Development Corporation (FEDC) and Hall Financial Group, and is further supported by a contributor network of Stakeholders, Patrons, Preferred Partners and individuals.

METHODOLOGY

NTEC's facility is designed to provide its program companies with an entrepreneurial and collaborative environment, where founding teams interact with seasoned professionals, service providers and capital providers to address strategic and tactical issues. In addition to the facility and the services outlined earlier, NTEC serves the community and its partners through a variety of outreach and educational programs.

NTEC hosts or co-hosts numerous internal programs for its program companies and network, including CEO roundtables, brownbag lunch panel discussions, Stakeholder meetings, investment forums, and other training programs. We also participate in outward-facing events, such as our annual Medical Technology Summit, Medical Device Action Alliance, Business Plan Competitions, Angel Funding Forums, Technology Award Events, and other general technology and entrepreneurial seminars and training.

NTEC's hands-on approach combines expertise and guidance in the areas of:

• Business Management
• Operations
• Regulatory Matters
• Manufacturing and Quality Control
• Funding
• Staffing
• Support Network
• Referrals

NTEC helps leading-edge companies grow by tailoring a suite of business services built around your corporate mission that enables your company to accelerate time to market, get the funding you need and outpace your competition.

From concept to commercialization, The North Texas Enterprise Center for Medical Technology offers the only facility in the Southwest dedicated exclusively to assisting medical technology entrepreneurs with taking their concepts from start to market.