FEATURE
Texas Legislation Would Remove Politicians from Tech Fund Decisions
April 26, 2013 | Austin American Statesman
Legislation is advancing in the Texas House that would remove Gov. Rick Perry, Lt. Gov. David Dewhurst and House Speaker Joe Straus from making the final decision in awarding millions to technology startups. The fund, created in 2005, has awarded $194 million to 137 companies and an additional $175 million to help universities recruit top-level researchers or attract federal research dollars. Davis said that no other state has its political leadership making the final awards to the private sector.
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