Texas Enterprise Fund

Vince Kong / Texas Public Radio

Texas House Speaker Joe Straus is concerned a special grant program doesn't help Texas businesses equally, and he shared those concerns with Gov. Greg Abbott.


Ryan E. Poppe

 

 

Gov. Greg Abbott helps usher in the latest expansion of jobs and services for the San Antonio area as General Motors breaks ground on a new facility on the city’s West Side.

Abbott Signs Higher Ed Bill Ending Fund Touted by Perry

Jun 5, 2015
Marjorie Kamys Cotera / The Texas Tribune

Shortly before former Gov. Rick Perry officially launched his second presidential campaign in Dallas on Thursday morning, his successor ended a long-criticized initiative from Perry’s tenure. 

Flanked by the heads of the state’s flagship public universities at the University of Texas at Austin, Gov. Greg Abbott signed Senate Bill 632, which eliminates a controversial startup investment fund long touted by Perry and directs much of its money to a new researcher recruitment effort. 

“Texas as a state is going to have the best and brightest campuses in this country,” Abbott said before signing the bill. 

Ryan E. Poppe

AUSTIN — Republican Gov. Greg Abbott, who spent his first months on the job dismantling legacies of Rick Perry, revealed Wednesday he is reviving a famous hallmark of his predecessor: traveling the U.S. and world to recruit businesses to Texas.

Doing so gives Abbott the chance to raise his national political profile after taking office in January and immediately presiding over the Legislature, which adjourned this week until 2017 after delivering on his orders to cut taxes and boost border security spending.

Abbott wouldn’t reveal his first destinations but said he would go only where there’s a deal to make.