PrintAmong the areas of opportunity in the evolving global marketplace, biotechnology not only holds the promise of jobs and prosperity for Texans, but also drugs and therapies that can save lives around the world. To ensure Texas is best equipped to capitalize on this vital area of opportunity, Gov. Perry has pursued a strategy that provides for a discovery-to-testing-to-production-to-treatment infrastructure that is second to none.
Texas currently invests more in basic biomedical research than all but two other states, but ranks in the bottom half in terms of commercializing Texas biomedical discoveries. As it stands, the path of travel for an idea, from discovery in a laboratory to administration in therapeutic form, currently MUST depart Texas as our state lacks the necessary biotech infrastructure to sustain the entire process. This results in Texas ideas creating jobs and generating dollars outside our borders. + Read More
Emerging Technology Fund Resources
Biotechnology-Related ETF Awards
The Emerging Technology Fund and How the ETF is Good for Texas
The ETF brings new ideas and products to the marketplace today. This innovation and the commercialization will have a long-term profound impact on Texas. Priority is given to emerging technology projects that will enhance Texas' global competitiveness that are collaborative and leverage both critical expertise and financial resources.
The Emerging Technology Fund and Investing in the Growth of Texas
Proposed by Gov. Perry in 2005 and launched on September 1st of that same year, the $275 million Emerging Technology Fund (ETF) gives Texas an unparalleled advantage by expediting the development and commercialization of new technologies and recruiting the best research talent in the world.
Biotechnology News
-
Sep 28, 2010 - Gov. Perry Announces $9.2 Million in TETF Investments in Three Companies - Press Release
Gov. Rick Perry today announced investments totaling $9.2 million through the Texas Emerging Technology Fund (TETF) in three spin-out companies from InCube Labs for the development and commercialization of treatments to help patients afflicted by iron-deficiency anemia, epilepsy and atrial fibrillation. The companies are relocating to San Antonio from California, and are in talks with the Institute for Preclinical Studies at Texas A&M University to develop these treatments. -
Sep 13, 2010 - Gov. Perry: Texas’ Biotechnology Industry is Leading to Life Saving Ideas - Press Release
Gov. Rick Perry today highlighted Texas’ growing biomedical technology industry, and the innovative and life saving therapies and technologies taking shape in the state. The governor spoke at the opening of the Center for Vital Longevity at the University of Texas at Dallas. -
May 26, 2010 - Statement by Gov. Rick Perry on EPA’s Efforts to Take Over Texas’ Air Permitting Program - Press Release
Gov. Rick Perry today issued the following statement on the EPA’s efforts to take over Texas’ air permitting program: “The Obama administration has taken yet another step in its campaign to harm our economy and impose federal control over Texas. With their decision to take control of a permitting process that the Clean Air Act allows to be delegated to the states, the EPA is on the verge of killing thousands of Texas jobs and derailing a program that has cleaned Texas’ air." -
Nov 09, 2009 - Gov. Perry Touts Renewable Energy Success in Texas - Speech
"Our history is closely linked to the energy industry, and we should all take pride in our state’s legacy, of roughnecks laboring on wells outside Odessa, and machinists keeping our refineries running along the Gulf Coast. Thanks to the efforts of people like you, our energy legacy continues, while it expands with a new generation of energy producers. Wind turbines dot the plains of West Texas, a biomass power plant under construction in Nacogdoches will be one of the largest in the country, and Dow Chemical is investing in a Freeport bio-refinery that will use algae to convert wastewater and CO2 into energy. In Sunray, a Valero refinery will be powered by electricity generated from its very own wind farm. Think about that for a second: A refinery powering itself with electricity generated by the wind. Could anything paint a clearer picture of the synergy that’s possible with traditional and renewable energy sources?"
Commentary & Interviews
Dr. Jan-Ake Gustafsson
World-Renowned Medical Researcher
Dr. Darwin Prockop
Director, TX A&M HSC Institute for Regenerative Medicine
Dr. Alfred Knight
CEO & President, Scott and White
David Shanahan
President, Gradalis Inc.