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TX Gov Announces Changes for Economic Development Office, Plans End of Tech Fund

February 05, 2015
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New Texas Gov. Greg Abbott recently announced several planned changes for the state’s economic development efforts. The governor is restructuring a number of offices, including the Workforce Investment Council and Women’s Commission under the Director of Economic Development, to increase focus on job creation. Abbott also proposed the elimination of the state’s Emerging Technology Fund, and using the programs remaining balances to launch a new University Research Initiative. The new program would provide matching funds to help Texas universities recruit world-class researchers. Additional ETF funding would be transferred to the Texas Enterprise Fund, a deal-closing fund administered by the governor’s office. Read the announcement…

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