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What is TETC
TETC
is a consortium of companies, higher education and the State of
Texas formed to increase the number of engineering and computer
science graduates in Texas. Recognizing the impact of technology
related industry on the economy, Governor Rick Perry and a bi-partisan
group of legislators passed Senate Bill 353 in 2001,
creating TETC.
The
State of Texas can appropriate funds of up to $ 5 million
annually to match contributions from industry, the federal
government and other non-state sources. TETC funds
are used for Technology Workforce Development (TWD) grants
focused on increasing the number of bachelors degrees awarded
in engineering and computer science. The Texas Higher
Education Coordinating Board manages the competitive grants
process and measures results. |
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TETC Facts --
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The
strength of the TETC alliance comes from the combined leadership,
resources and collaboration between the State, member companies
and schools.
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TETC
consists of 9 member companies. They are AMD, Applied Materials,
HP, Intel, Freescale, Lockheed Martin, National Instruments,
SBC and Texas Instruments.
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TETC
has received commitments of $ 5 million from industry to
date.
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There
are 34 participating colleges and universities
in TETC.
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In
2004, TETC focused on identifying and sharing best practices
in student recruitment, retention and improving diversity.
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TETC
has received $4 million in federal appropriations.
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The
Texas Higher Education Coordinating Board awarded a total
of 47 grants to 23 Higher Education institutions in Texas.
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State
of Texas has provided $7.6 million in matching funds for
grants.
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To-date
$10.6 million in Technology Workforce Development grants
have been awarded
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The
Texas Higher Education Coordinating Board establishes peer
review panels with out-of-state expert review teams to evaluate
the proposals.
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The
total TETC program is expected to be valued at $16.2 million
at the completion of fiscal year 2005.
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