Texas 2013 - 83rd Regular

Texas House Bill HR1228

Caption

Honoring the new business incubation partnership between the Town of Addison and Baylor University.

Impact

The partnership involves the provision of free office space for a year, mentorship, and various resources to participants who are equipped with knowledge about market strategies, startup development, and revenue generation. This effort not only supports the students but also aims to enhance the economic vitality of the Addison community. By nurturing new businesses, the resolution hints at the broader implications of facilitating entrepreneurship as a means to increase local employment opportunities and promote economic growth in North Texas.

Summary

House Resolution 1228 honors the newly established business incubation partnership between the Town of Addison and Baylor University. The resolution emphasizes the importance of this collaboration in supporting Baylor students and fostering the local economy through the Accelerated Ventures business incubation program. Designed to stimulate new industry and job creation in the Addison area, the initiative provides essential services and resources to graduates, allowing them to apply their business education in a practical setting.

Sentiment

The sentiment surrounding HR1228 appears to be overwhelmingly positive. Legislators and community members alike view the initiative as a proactive step toward bolstering local economies and encouraging innovation. Supporters argue that such partnerships between educational institutions and municipalities are critical in addressing economic challenges and ensuring sustainable community development.

Contention

While the resolution primarily celebrates the partnership, it reflects broader discussions about the role of education in economic development. Potential contention could arise regarding the allocation of public resources towards fostering private enterprises, though there is no explicit opposition noted in the text. Nonetheless, the effectiveness of such initiatives in creating lasting economic benefits will likely be a point of ongoing evaluation.

Companion Bills

No companion bills found.

Previously Filed As

TX HR1111

Recognizing the 2023 Bob Bullock Scholars of Baylor University.

TX HR285

Honoring the College of Agriculture and Human Sciences at Prairie View A&M University.

TX SR434

Recognizing the Bob Bullock Scholars Program of Baylor University.

TX HR586

Commemorating the 217th anniversary of the birth of Benito Jurez and honoring Latino businesses in the Lone Star State.

TX HR1161

Honoring fashion designer and business owner Chloe Dao of Houston.

TX HR2095

Recognizing the eBridge Center for Business and Commercialization for its contributions to Brownsville and the Rio Grande Valley.

TX HR124

Honoring civil rights pioneer Heman Marion Sweatt on the 75th anniversary of Texas Southern University.

TX HR363

Honoring Erath County and commending representatives from the county, the City of Stephenville, Stephenville ISD, and Tarleton State University.

TX HB4934

Relating to support for new businesses.

TX HR977

Honoring Joan Karff's Women on the Way Up for its contributions.

Similar Bills

No similar bills found.