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AREA TECHNOLOGY LEADERSHIP

With an internationally-acclaimed scientific and technological community, North Texas stays on the cutting edge, helping to define new research trends and commercial opportunities.  State and local incentives are in place to foster the growth of the life sciences within North Texas and attract existing companies to the region.

Three Texas cities (Austin, Dallas and Houston) rank in the Top 20 New Economy cities; these same cities are in the Top 20 Creative Cities in the United States.

Within Texas, Dallas/Fort Worth (DFW) is regularly ranked in the top five places to do business in North America, and is similarly rated as a technology center. DFW is the financial center for the Southwestern United States and the DFW Metroplex is rated the #1 New Economy City in the US as ranked by the combination of patents per capita and technology output and growth.

Additionally, North Texas offers the following competitive advantages:

  • Almost 50% of the high-tech talent in Texas is in the DFW Metroplex, including six active Nobel Laureates, the 3rd largest concentration in the US
  • A young, highly skilled, ethnically diverse workforce, growing by 100,000-150,000 annually
  • Texas is in the top three nationally for employed doctoral scientists and engineers and ranks 5th in Life Science doctoral scientists
  • Texas, one of only four states recognized for both academic/industry and federal intramural research, is 3rd in total R&D expenditures with 63% in Life Sciences
  • North Texas' central location and transportation infrastucture puts you within a half day of virtually every major market in the US and within a day of many international destinations.  A new $2.58 billion international terminal with an 8th runway is under construction
  • Transferable microelectronic technology and software development/engineering benefit the medical device and product industry
  • North Texas ranks in the top 10 on Venture Wire, receiving more venture capital funding than any other city in Texas

For additional information on the advantages offered by the North Texas region, go to www.dallaschamber.org.

FRISCO, TEXAS - HOME OF NTEC

NTEC's offices are located in Hall Office Park in Frisco, Texas.  Frisco, the fastest growing city for its size in Texas and the United States (2000 census), is a dynamic and rapidly growing suburb conveniently located about 25 miles north of Dallas. It is an ideal location for companies serving the Texas technology market. Unique business factors that differentiate this city from other communities in the area include:

  • NTEC, strategically located near the intersection of the North Dallas Tollway and Highway 121, allowing easy access within the North Texas region
  • Hall Office Park, a nationally recognized office park, providing state-of-the-art office facilities
  • The Frisco Economic Development Corporation (FEDC), which offers economic incentive packages for NTEC Program Companies and Service Providers
  • Capital Investment Initiative, geared toward attracting investors from outside the state of Texas to actively promote North Texas and provide economic incentives to venture capitalists and their portfolio companies locating in Frisco
  • An award winning "Millenium" City Plan focused on "Live, Work, Play" being implemented by a pro-business, strategic thinking, city government
  • Ample entertainment opportunities, including professional sports, art, music, restaurants, shopping and historical points of interest

FRISCO QUALITY OF LIFE

Frisco has significant "quality of life" attributes that make it attractive to any company considering relocating, including:

  • Strategic location
  • Quality schools
  • Young, highly educated workforce
  • Attractively priced housing
  • Convenient, quality retail shopping
  • Excellent sports and recreational facilities
  • State-of-the-art urban amenities
  • Easy accessibility to DFW, Love Field, McKinney and Addison general aviation airports

For additional information regarding the many benefits offered by the City of Frisco, go to www.friscochamber.com, or www.friscoedc.com.