Changes

 "Fannin gives you another option. We co-found the company with you. If the technology really is promising (with some third-party validation), we’ll do the work of setting up the company, licensing in the technology and working with you to design the next phase of development. At the beginning phases, we work for equity, so that the seed money that we put in when the company is started all goes for third-party expenses to advance development. We’ll assign a senior Fannin manager to be responsible for the program, supported by in-house professionals, fellows and interns who will handle much of the day-to-day work. Because we manage many companies on a pooled basis, you won’t get all of our attention 100% of the time – but you will get 100% of our attention when it matters, and we’ve found that this approach works particularly well in life science product development." From July 2016 "All companies in the Fannin portfolio are medical technology companies in the Texas Medical Center. Fannin Innovation Studio invests in these companies and works with them to take their ideas to market. In exchange for equity, the leaders of Fannin help co-found and manage the companies, and provide companies with working space, networking resources, and investment money. One of the three members of the leadership team manages each portfolio company. Fannin helps its portfolio companies gain grant money, secure licensing, seek mentorship, and move into the next stage of development."From Spring 2016