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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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Fort Worth minority business receives nationwide grant

Cuevas Distribution Inc., a minority- and woman-owned business in Fort Worth, is one of 20 small businesses nationwide to receive a $150,000 grant from Chase as part of the Mission Main Street program.

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Texas lags in venture capital

CHRIS TOMLINSON, Associated Press


AUSTIN, Texas (AP) — Texas is not getting its share of venture capital investment, but experts disagree on how to remedy the problem.

Experts in venture capital told the Texas House Economic and Small Business Development Committee on Thursday that many factors attract early investment in new companies. But they recommended different ways for lawmakers to encourage more venture capitalists in Texas.

The experts said success depends on thriving industries, academic research and a friendly business environment. Recommendations included investing taxpayer money in new firms, better funding for universities and improved roads and other critical infrastructure.

House Speaker Joe Straus asked the committee to study venture capital investment in the state and compare it to what is happening elsewhere. The committee will draft legislation to be considered when the Legislature meets again in January.
 

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