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Entrepreneurship
Resources
REDP provides information regarding the capital, training, and technical assistance for entrepreneurs to start and grow their business. Resources include:

Why Richardson?
Richardson’s Telecom Corridor area is home to more than 600 high-technology companies. The majority of these high-tech firms are located within an 11-square-mile core area
(55 high-tech firms per square mile).

Richardson’s qualitative assets:
  • Strategic location between major freeways provides easy access
  • 24 million total square feet of office, flex and industrial space
  • 2.5 million square feet of office flex space currently available for lease
  • Long history of fostering and nurturing entrepreneurial ventures 
  • 6 Richardson-based companies received grants ranging from $250,000 to $1.5 million from the Texas Emerging Technology Fund (2006-2008):
    • Dent Light, Inc. (dental diagnostic technology)
    • Net Watch Solutions Inc. (IT software)
    • Texas Micropower (micro-power energy)
    • SNR Labs, Inc. (mobile handset software)
    • Photodigm, Inc. (advanced laser technology)
    • Hanson Robotics (robots & related software)
  •   UT Dallas was awarded over $24.2 million in ETF grants (2006-2009)
    • Atomically Precise Manufacturing Consortium
    • FUSION (FUture Semiconductor CommercializatION)
    • Nanotech Research Initiative
    • Texas Analog Center of Excellence

Successes
Richardson has been home to numerous successful start-up businesses including:
  • Dan Ray (Sold to Nortel)
  • DSC (Moved, then sold to Alcatel)
  • Convex Computer (Sold to HP)
  • MicroGrafx (Sold to investor group)
  • Cyrix (Sold to National Semiconductor)
  • Monterrey Networks (Sold to Cisco)
  • IP Cell (Sold to Cisco)
  • GlobeRanger (operating company)
  • OraMetrix (operating company)
  • Voyence (operating company)
  • InnerWireless (operating company)
updated 7/2/09