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Home > Postcards from the Lege > Archives > 2005 > May > 24 > Entry

Technology fund in limbo?

Gov. Rick Perry pitched his proposed Emerging Technologies Fund at a technology commercialization conference held by the University of Texas, saying afterward that his $300 million request is crucial.

Texas “has the opportunity to lead the nation in the biotech discoveries, and it’s important that we pass the emerging technologies fund if we’re going to be in the game” with other states, Perry said.

“If we don’t pass the Emerging Technologies Fund, Texas is basically waving the white flag, and we are surrendering in the fight for the technology revolution,” he said.

Legislative negotiators have yet to say if they’ve isolated money to start the fund.

As to whether Texas should respond to California’s decision to set aside money for stem-cell research, Perry said he’s “not a supporter of the technology. I think it’s a very narrow at best area, not to even mention the ethical question.”

“It’s fine with me” if California leads on stem-cell studies, he said.

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