 |
Texas Statutes (Last Updated: January 4, 2014) |
 |
GOVERNMENT CODE |
|
Title 4. EXECUTIVE BRANCH |
|
Subtitle F. COMMERCE AND INDUSTRIAL DEVELOPMENT |
|
Chapter 490. FUNDING FOR EMERGING TECHNOLOGY |
|
Subchapter D. INCENTIVES FOR COMMERCIALIZATION ACTIVITIES |
Sec. 490.152. REGIONAL CENTERS OF INNOVATION AND COMMERCIALIZATION
-
(a) In recommending proposals for funding, the committee shall give specific emphasis to the formation of regional centers of innovation and commercialization.
(b) An appropriate combination of any entities described by Section 490.151(a) may collaborate to form a regional center of innovation and commercialization to serve a region of this state.
(c) A regional center of innovation and commercialization shall provide for a specified region:
(1) research and development activities that may include initiatives to prove the feasibility of an idea;
(2) commercialization of the results of research and development;
(3) incubators for new businesses and expansion of existing businesses related to research and development; and
(4) workforce training for businesses resulting from research and development.
(d) Subject to the availability of suitable partners and resources, the committee shall propose and initiate the establishment of a regional center of innovation and commercialization in:
(1) Harris County;
(2) Lubbock County;
(3) Bexar County;
(4) the Dallas-Fort Worth Metroplex;
(5) El Paso County;
(6) the Middle and Lower Rio Grande Valley; and
(7) other suitable locations as determined by the governor in consultation with the lieutenant governor and the speaker of the house of representatives.