Posted by Jayme Blaschke
Office of Media Relations
July 7, 2017
Texas State University's TX2O team has been selected for a Stage 1 grant by VentureWell's E-Team Student Grant Program.
TX2O—which participated in the prestigious Rice Business Plan competition earlier this year—has developed an innovative media that can reduce the cost of treating contaminated water produced as a by-product of the oil and natural gas industry by more than 30 percent while producing zero hazardous waste. The TX2O solution is a drop-in replacement for current technology with zero adoption cost and can be regenerated without degradation in performance.
VentureWell's three-stage program is a competitive national initiative that provides training, peer networking, expert coaching, national recognition and hands-on workshops for student teams working to commercialize their high-impact science and technology inventions.
This round of E-Teams are in the beginning and middle stages of the program. Sixteen teams are beginning Stage 1 and will receive a $5,000 grant, which includes attendance at a three-day workshop in Cambridge, Massachusetts, in July to help them discover the best market for their inventions. Teams selected to advance to Stage 2 will receive a $20,000 grant, which includes attendance at a three-day workshop in Cambridge, Massachusetts, to help teams develop and validate their business models.
For more information about TX2O, visit tx2o.com.
For more information about the E-Team Student Grant program, visit venturewell.org/student-grants.
About Texas State University
Founded in 1899, Texas State University is among the largest universities in Texas with an enrollment of 38,849 students on campuses in San Marcos and Round Rock. Texas State’s 180,000-plus alumni are a powerful force in serving the economic workforce needs of Texas and throughout the world. Designated an Emerging Research University by the State of Texas, Texas State is classified under “Doctoral Universities: Higher Research Activity,” the second-highest designation for research institutions under the Carnegie classification system.