Everything's New: LRTC Replaces KIC

 

The Lawrence Regional Tech­nology Center (LRTC) is the new name for the Kansas In­novation Corporation (KIC). LRTC appointed area businessman Mat­thew McClorey as its new president and CEO. LRTC is a non-profit or­ganization whose mission is to stimu­late the creation and growth of tech­nology-based, high-impact busi­nesses in northeast Kansas, and to facilitate technology transfer from the region's academic and entrepre­neurial communities. Don Johnston, chairman of the LRTC board, said board members are excited that McClorey will be leading the orga­nization.

"Matthew's education and experi­ence will bring a great dimension to LRTC and will renew efforts to cre­ate technology transfer opportunities for the University of Kansas and Lawrence," Johnston said.

McClorey will employ his back­ground in business and technology at the helm of the organization. McClorey comes to LRTC from the Kansas Technology Enterprise Cor­poration (KTEC) in Topeka, where he served as vice president of busi­ness development and portfolio man­agement. His experience also in­cludes time as investment and busi­ness development manager for KTEC and as a senior consultant for Deloitte Consulting, where he ad­vised companies such as Nextel, Sprint PCS and Lucent.

McClorey said there is untapped potential for commercializing the research at the University of Kansas and the technologies being developed by local en­trepreneurs. "By creating a strong partnership with KTEC, the city of Lawrence, Douglas County and the

University of Kansas, LRTC can play a crucial role in developing a base of successful high-technology compa­nies in Lawrence," McClorey said. "We look forward to serving the community and producing results that will further the growth of our local economy." •