AUSTIN, TEXAS – The Texas Association of Business (TAB) and the Texas Venture Alliance (TVA) are thrilled to announce the launch of the Texas Scale-Up Coalition, a strategic initiative designed to accelerate collaboration, innovation, and economic growth among startups, entrepreneurs, and venture capitalists in Texas and around the world.
The Texas Scale-Up Coalition leverages Texas' reputation as the best place to do business by building a vibrant ecosystem that encourages businesses across the globe to “scale up” in Texas. Through strategic partnerships and a global outlook, the coalition seeks to connect stakeholders, attract investments, and foster a thriving entrepreneurial community in the Lone Star State.
“Texas has always been the land of opportunity, where entrepreneurs can thrive and grow their businesses. The Texas Scale-Up Coalition will be a game-changer for our state’s innovation and entrepreneurship ecosystem,” said Glenn Hamer, President and CEO of TAB. “This initiative will bring together local and global innovators, opening doors for new businesses, investments, and partnerships that will shape Texas’ future in the global economy.”
The Texas Scale-Up Coalition is designed to foster collaboration and innovation by connecting startups, entrepreneurs, and venture capitalists to work on projects that drive economic growth in Texas and beyond. By building strong partnerships with key global markets, the Coalition will tap into international innovation and entrepreneurial energy, further solidifying Texas' position as a global economic leader.
Through its efforts, the Coalition aims to boost Texas' economic development by attracting new businesses and investments, creating jobs, and cultivating a thriving entrepreneurial ecosystem. Events, workshops, and networking opportunities will facilitate the exchange of ideas, best practices, and cutting-edge technologies among business leaders and innovators.
By joining the Coalition, members will receive joint TAB and TVA benefits, including advocacy at the State Capitol for policies that support the innovation and entrepreneurship landscape in Texas. This ensures that the voices of entrepreneurs are heard in key business policy discussions, reinforcing Texas' commitment to fostering innovation and economic growth.
“At the Texas Venture Alliance, we're focused on 'Texas-sized' deals with 'Texas-sized' allies. Partnering with the Texas Association of Business through the Texas Scale-Up Coalition allows us to amplify the resources and connections that will shape the future of our state. This collaboration not only supports entrepreneurs at home but also strengthens our ties with global innovators, fostering a dynamic environment for growth and innovation. Together, we're building a stronger, more competitive Texas on the global stage,” said C.S. Freeland, CEO of the Texas Venture Alliance.
“Texas is THE ‘scale-up’ state and this Coalition will help solidify Texas' standing as a global leader in business and innovation,” said Massey Villarreal, Chairman of the Texas Association of Business. “Through strategic partnerships and collaboration with both domestic and international markets, we will continue to make Texas the best place to launch, grow, and scale a business.”
The Texas Scale-Up Coalition will focus on key industries driving Texas' economic expansion, including technology, aerospace, energy, healthcare, and advanced manufacturing. It will host a series of events throughout the year, providing coalition members with valuable opportunities to engage with industry leaders, share knowledge, and develop strategic partnerships.
For more information about the Texas Scale-Up Coalition or to get involved, please contact Gabriela Perdichizzi at gabriela@txbiz.org.
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