Posted: May 3, 2010 Nanotube Manufacturer Nanotailor, Inc. Receives Texas Commercialization Award (Nanowerk News) The Austin Chamber of Commerce and the Central Texas Regional Center of Innovation and Commercialization (CenTex RCIC) announce that the state of Texas has chosen Nanotailor Inc. as the recipient of a commercialization award funded through the Texas Emerging Technology Fund (TETF). This company, which is a manufacturer of single walled carbon nanotubes (SWNT),
will receive an initial $250,000 pre-seed award of a reserved $1.25 million for the commercialization of its technology. Read more:
http://www.nanowerk.com/news/newsid=16086.php#ixzz1zW1Z5a7k
The other two bankruptcies in the fund portfolio happened in 2010. Thrombovision Inc. was awarded $1.5 million, and StarVision Technologies received $750,000. A state auditor's report in 2011 found that neither company had submitted required annual reports for three years, and that the fund managers didn't even know that Thrombovision had filed for bankruptcy until it was reported in the press.
http://lubbockonline.com/filed-online/2012-06-14/another-bankruptcy-perrys-tech-fund