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<includeonly>[[Category: McNair ProjectsInnovation Policy]]</includeonly>
Tackling Stagnation of Texas Entrepreneurship (Blog Post) (view source)
Revision as of 11:53, 15 November 2017
, 11:53, 15 November 2017no edit summary
{{McNair ProjectsBlogPost|Project TitleHas title= Tackling Stagnation of Texas Entrepreneurship (Blog Post)|Topic Area= Entrepreneurship Ecosystem|OwnerHas author= Dylan Dickens|Start TermPart of series= Summer 2016|End Term= Summer 2016|Status= ActiveTexas Entrepreneurship|DeliverableHas content status= Blog Post|Audience= General Public|Skills Needed= Writing I|Keywords= Texas, Entrepreneurship, Small Business, Ecosystem, Venture Capital, LegislationTabled|Primary BillingHas Graphics status=AccMcNair01None
}}
==Abstract==
A blog post focusing on the status of Texas entrepreneurship and a potential solution.
The second apparent option lies in an Economically Targeted Initiative or ETI. This provides a means to leverage state trust funds such as retirement funds and endowments, for the secondary purpose of building a state venture industry. Texas currently maintains more than $200B in such funds, in which which tens of billions are already invested in venture funds but primarily in other states. All of these trust funds are currently empowered to make co-investments with leading venture funds into Texas companies, or give tie-breaker preference to Texas-based fund managers, but there is no systematic disclosure or promotion of this information. By spreading a notion of "Texas-first" to encourage ETI investment into Texas-based entrepreneurship, this overwhelming source of capital could be used to kick-start the Texan entrepreneurship ecosystem.
Google Doc Link: https://docs.google.com/a/rice.edu/document/d/1kZwbgOVFUJSmpA3pFruXJRBeAd9sMa3FhBouTZz6rkQ/edit?usp=sharing
==References==
In line. See above.
