The McKinney Economic Development Corporation recently expanded their Emerging Technology Program to include the collection and recruitment of technology startup programs that could support and compliment McKinney's diverse business environment.

On April 23, MEDC and Curious Complex hosted their first event "Collide & Collaborate," providing local entrepreneurs the opportunity to literally … collide with others over breakfast. Their first event was attended by over 75 individuals, including venture capitalists, corporate executives, startups and entrepreneurs. Jason Adams, CEO of Curious Complex, in collaboration with John Valencia, MEDC's Director of the Emerging Technologies Program, initiated this event to create an opportunity for emerging technologies and entrepreneurs to meet and bounce ideas off of one another.

After a second "Collide & Collaborate" breakfast was held on May 21, The Collide Center of McKInney will officially open on June 1. The center will be open to anyone who wants to come and collide and collaborate with others.

If you would like to learn more about the Emerging Technology Program, please contact John Valencia at valencia@mckinneyedc.com or 972-562-5430, ext. 106.

MEDC offers incentives to high tech start-up companies that are in the process of growing. Each awarded company must demonstrate that its technology fits the MEDC’s technology targets and that it has intellectual property ownership, angel investors and the financial ability to execute a commercial lease. This specific initiative includes working with state, regional and local resources to identify potential areas of development. 

If the MEDC board approves the project for the Emerging Technology Program, real estate rental cost assistance can be awarded to the company for up to one year with a maximum of $50,000 per company. The Emerging Technology fund for incentives is limited. Incentives are awarded on a first-come, first-served basis.