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Larry Calton
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Mr. Calton assisted with the early development and later helped found the NorthTexasEnterpriseCenter for Medical Technology (NTEC) where he continues in the capacity of President and Executive Director. As Executive Director, Larry’s responsibilities include managing the organization, assessing technology, and strategically mentoring start-up program companies to success. Larry also manages NTEC’s interactions and initiatives with the City of Frisco and NTEC’s local and regional partners. Most recently, Mr. Calton worked with the City of Frisco and the Frisco Economic Development Corp. to fund, design, build and now occupy a state-of-the-art, 50,000sf, $11 million medical technology development center. The facility is the largest such center in Texas and one of the largest in the U.S. Along with Frisco, Mr. Calton worked with Sinacola Commercial to master plan a 30 acre medical technology business park expected to encompass eight buildings equaling nearly half a million square feet of office and lab space at build-out.
Prior to joining NTEC, Larry served as Director of Emerging Company Services for KPMG in Dallas where he worked with public and private technology companies in the Metroplex. In January 2000, Larry was asked to lead KPMG’s business development initiatives relative to venture-backed startup technology companies. In that capacity, Larry directly supported start-up company clients and worked closely with local first and second tier VC firms, as well as corporate VCs, area technology lenders and attorneys, and prominent service providers and vendors serving the technology space. Larry acted as KPMG’s primary community leader for emerging technology company activities and sat on the Startech Stakeholder Advisory Board, the first incubator in North Texas, and the Executive Committee for the MIT Enterprise Forum-Dallas.
Prior to joining KPMG, Larry spent 10 years as a Vice President with Comerica Bank – Texas where he helped launch the technology lending function and the asset based loan audit group. As Audit Manager, Larry was responsible for audit oversight of Comerica’s billion dollar asset-based loan portfolio. Mr. Calton was also an innovator, creating the first “telecommuter” and “hoteling” department within Comerica Bank (1993) and the first fully electronic audit program. In his years as a commercial lender, Larry developed a specialized expertise in technology based businesses and was responsible for Comerica – Texas’ portfolio of technology loans until the acquisition of Imperial Bank of California.
Mr. Calton is a frequent speaker, both locally and regionally, on such start-up company topics as business incubation, company creation, funding, and technology transfer and commercialization and provides regular contributions to local and regional business and technology media publications on early stage technology based business topics. Larry actively promotes entrepreneurialism in North Texas and holds leadership positions in several important technology focused organizations. Mr. Calton was one of the founding members of the Medical Device Action Alliance (MDAA) which is charged with regional awareness of and education for the medical device industry in N. Texas. Mr. Calton also serves on the Program Committee of the Southwest Venture Forum, the Advisory Boards of both the Entrepreneurs Foundation of North Texas and the North Texas Regional Commercialization and InnovationCenter (RCIC - part of the Emerging Technology Fund) and the Board of Directors for the Metroplex Technology Business Council (MTBC). Further, in addition to the eight NTEC portfolio companies mentored by Mr. Calton, he is also an active business advisor to a half dozen other, local technology start- up companies.
Larry attended OklahomaStateUniversity, obtaining a BS degree in accounting with a minor in economics and ancient history. He is also a Certified Incubator Manager and a Certified Public Accountant and member of the Texas Society of CPAs and the American Institute of CPAs.
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