Possible Emerging Technology Fund for Texas

Governor Rick Perry spoke to the legislators yesterday, identifying his priorities for the current session. Within that speech, he mentioned an Emerging Technology fund:

Providing $300 million for a new Emerging Technology fund that will provide world-class research institutions, cutting edge technologies, and the miracle of modern science and also keep Texas competitive with other states seeking to tap the $3 trillion in revenues that emerging technologies are expected to generate over the next decade.

It will be interesting to see if this becomes law and, if it does, what this exactly means.

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