Fostering Discovery Innovation to support key economic sectors National defense Information technologies Energy Bioengineering Biotechnologies Expansion in areas critical to economic growth Medical diagnostics Drug-delivery systems Tissue engineering Genomics
Driving Business Development TMAC Supports small businesses improve productivity, quality, and profitability Small Business Development Center for Enterprise Excellence Assists small manufacturing companies Center for Enterprise Development Provides ongoing learning needs to more than 122,000 annually TechComm Matches business clients with university researchers to move research to market
Annual Economic Impact North Texas Region State of TexasTotal External Benefits Impact $12.8b $13.6b Permanent jobs 122,295 131,188 Tax receipts $309.9m $638.7mTotal Economic Impact Impact $1b $1.1b Permanent jobs 14,684 15,417 Tax receipts $34.5m $64.5m Construction projects $502.7m $539m Independent study conducted by The Perryman Group, Spring 2012
Fueling Economic Growth Strengths of North Texas Weathered the housing turndown better than most 5-year employment growth is strong Residents are diverse, relatively young (median age 28), and robustly entrepreneurial Challenges Pronounced auto dependency – accompanying sprawl Moderate human capital (ranks 27th in percentage of workers with a bachelor’s degree or higher) Lags in arts and recreation employment
Create Research Enterprise of First Order University of Texas at Arlington Research Institute Global leader in the research and development of advanced technology in advanced manufacturing, biomedical technologies, robotics, and energy/water/environment. Shimadzu Institute for Research Technologies Partnership bringing the most advanced technology available in the scientific community to support discovery and preparation of tomorrow’s leaders in industry, education and scientific discovery.