ETI's goal is to strengthen states' economic competitiveness by promoting the efficient identification, management, development and commercialization of marketable research and technologies. This, in turn, generates both intellectual wealth and business revenue for universities and faculty, entrepreneurs and industry.

ETI works to help businesses commercialize new technologies through facilitating industry-university collaborations. ETI forms and creates new companies, providing management guidance as well as funding for those companies at a very early-stage.

As an agent for economic development, ETI's involvement and support of commercially promising research and technology development is of direct benefit to the economic vitality of Texas, Oklahoma, the Southwest region and the United States.

By forming and managing new companies in their development of commercially viable technology, ETI stimulates growth in states' biotechnology sectors with the ultimate goal of creating jobs, growing both states' and the nation's economy, and contributing to the welfare of humanity.