Sec. 490.002. PURPOSES

Latest version.

The fund is established under this chapter to develop and diversify the economy of this state by:
(1) expediting innovation and commercialization of research;
(2) attracting, creating, or expanding private sector entities that will promote a substantial increase in high-quality jobs; and
(3) increasing higher education applied technology research capabilities.

Added by Acts 2005, 79th Leg., Ch. 280 , Sec. 1, eff. June 14, 2005.

                    
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