TECHNOLOGY FUNDING SECURED INVESTORS III
8-K, 2000-11-13
ASSET-BACKED SECURITIES
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                             UNITED STATES
                   SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.  20549

                              FORM 8-K

                           Current Report
                 Pursuant to Section 13 or 15(d) of the
                    Securities Exchange Act of 1934

Date of report (date of earliest event reported):  November 3, 2000


                 TECHNOLOGY FUNDING SECURED INVESTORS III,
                  AN INCOME AND GROWTH PARTNERSHIP, L.P.
           ----------------------------------------------------
          (Exact name of Registrant as specified in its charter)

                      Commission File No. 0-19221

          California                            94-3081010
-------------------------------     ---------------------------------
(State or other jurisdiction of    (I.R.S. Employer Identification No.)
incorporation or organization)

2000 Alameda de las Pulgas, Suite 250
San Mateo, California                                            94403
---------------------------------------                       --------
(Address of principal executive offices)                     (Zip Code)

                              (650) 345-2200
             --------------------------------------------------
            (Registrant's telephone number, including area code)

<PAGE>

Item 4.  Changes in Registrant's Certifying Accountant.

(b) Engagement of Independent Accountant

The Registrant has engaged the accounting firm of Arthur Andersen
LLP as its independent accountant beginning with the nine month
period ended September 30, 2000.  Arthur Andersen LLP was appointed
by the General Partners of the Registrant on November 3, 2000.
Prior to its engagement as independent auditor of the Registrant,
Arthur Andersen LLP had not been consulted by the Registrant either
with respect to the application of accounting principles to a
specific transaction or the type of audit opinion that might be
rendered on financial statements of the Registrant or on any other
matter that was the subject of any prior disagreement between the
Registrant and its previous certifying accountants.






                        SIGNATURE

Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                        Technology Funding Secured Investors III,
                        An Income and Growth Partnership, L.P.

                        By:  Technology Funding Inc.
                             Managing General Partner

Date:  November 10, 2000  By: /s/ Charles R. Kokesh
                               ---------------------
                                   Charles R. Kokesh
                                   President, Chief Executive Officer,
                                   Chief Financial Officer and Chairman
                                   of Technology Funding Inc.




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