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The Kansas Technology Enterprise Corporation was abolished by the Kansas Legislature
On Jul. 1, 2011, the Kansas Legislature abolished the Kansas Technology Enterprise Corporation (KTEC) in a cost-cutting proposal by Governor Sam Brownback. The Kansas Technology Enterprise Corporation (KTEC), founded in 1987, was a private/public partnership established by the state of Kansas to promote technology based economic development. KTEC traced its origins to the 1980s when the Kansas economy was in a slump and the state’s largest industries – aviation, oil & gas, and agriculture – were suffering from economic setbacks.
KTEC’s predecessor, the Kansas Advanced Technology Commission (KATC), began operation in 1983 with two employees and a budget of $200,000. KATC was created to assist with “high technology” projects.
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Source: Kansas Legislature
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