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CPRIT Product Development Research

CPRIT PDR — Texas New Technologies Company

Funds Texas oncology startups in emerging technologies, including digital and life science manufacturing pathways.

OpenCancer Prevention and Research Institute of TexasUnited StatesDeep-tech · core fit

Eligibility · United States · US-TX

The Cancer Prevention and Research Institute of Texas (CPRIT) operates the Texas New Technologies Company RFA as part of its Product Development Research program, which allocates approximately $70 million per fiscal year to Texas-based oncology companies. This track specifically serves oncology-enabling technologies that do not fit the Therapeutics or Device/Diagnostics RFAs — covering bioinformatics, artificial intelligence applied to cancer, radionuclide therapies, cell-based therapy manufacturing, sample quality tools, and biomanufacturing platforms. Only for-profit companies may apply; nonprofit organizations, universities, and individual applicants are ineligible.

Award amounts for this track are not published as a fixed ceiling, unlike the Seed RFA. Projects run for three years with extension possible to fully expend awarded funds. A matching-funds contribution from the company and a revenue-sharing agreement — structured as royalties, equity, or other mechanisms — are required at contract execution, reflecting the Texas General Obligation bond backing that underlies CPRIT's grant portfolio. Companies headquartered outside Texas may apply but must commit in writing to relocate to Texas before an award is executed.

Applications are accepted on a rolling basis through the cpritgrants.org portal. The two-stage process begins with a preliminary package — a two-page executive summary, a 16-slide pitch deck, and a one-page aims and budget summary — which the Product Development Review Council (PDRC) evaluates within three to five weeks. Invited applicants then submit a full application and present to a review panel via video conference. Due diligence by outside contractors covering IP, regulatory strategy, manufacturability, and market analysis follows before the Oversight Committee votes, requiring a two-thirds majority to approve each award. All reviewers live and work outside Texas to eliminate in-state conflicts of interest.

Oncology-enabling technologies — bioinformatics, AI, radionuclides, cell-based therapy manufacturing, sample quality tools, and biomanufacturing — not fitting the therapeutics or device tracks.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.4 weeks
Project durationiHow long the funded work is expected to run.36 months
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Royalty-back
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.50%
Funding pooliThe total budget available across all awards in this round.$70M

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Last verified: 29 Jun 2026Source: cprit.texas.gov