Business

 

 

Dallas Mayor Releases Major ‘Upskilling Dallas’ Report to Help Drive Workforce Development

by | Nov 19, 2021
"Together, we can build the workforce of the future—one that will attract and grow businesses, build equity, and sustain our city’s outstanding economic growth for years to come," Mayor Eric Johnson said on the report's release.
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DI People: Downtown Dallas Inc., Six Flags, Southwest Airlines, CASPR Group, and More Make Moves
by | Nov 19, 2021
In this week's roundup of hires and promotions in North Texas, you'll also find news from INTRUSION, Enseo, ParkHub, Capital Alliance Corp., UNT, Stream Data Centers, OneDay, Caris Life Sciences, and more.
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Co-Founders of Frisco-Based MTX Group Chosen as EY Entrepreneur of the Year 2021 National Award Winners
by | Nov 18, 2021
MTX Group, the global technology consulting firm that modernizes technology for the public sector, was the only company from North Texas, and the state, to be recognized.
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Five Local Latino Leaders Recognized With the 2021 Maestro Award
by | Nov 18, 2021
The Maestros, the highest distinction from Dallas-based Latino Leaders Magazine, recognizes Latino trailblazers from across the country who have made—and continue to make—history in the community.
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Texas Instruments Chooses Sherman for New $30B Semiconductor Chip Site

by | Nov 17, 2021
At full build-out, the 4.7 million-square-foot semiconductor fabrication plant will be the largest electronics production facility in Texas and among the largest manufacturing plants of any kind in the U.S.
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13 North Texas Companies Make the Deloitte 2021 Technology Fast 500 List
by | Nov 17, 2021
In all, 26 Texas companies made the list. Austin's Shipwell was near the top of the list at No. 4 with 32,670% revenue growth.
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LiveOak Venture Partners Raises $210M Fund to ‘Double Down’ on Texas
by | Nov 17, 2021
Fund III is the largest institutional Texas-focused, early-stage venture fund in the past decade.
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bigBANG! ’21 on ‘The New Economy’: Healing Our Divides
by | Nov 17, 2021
Across five days in late October, Social Venture Partners Dallas held its annual bigBANG! conference focused on driving solutions and equitable outcomes in Dallas and across Texas. Here's a deep look at the people, ideas, and outcomes that drove Dallas' longest-running event for social innovation. Plus, meet the winner of the bigBANG! pitch competition.
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Mayor Cites New Report at the Fort Worth State of Entrepreneurship: Startups Created Nearly 30K Jobs

Mayor Mattie Parker, whose catchphrase is "Go Time," says she coined the term for a reason. Fort Worth is at a pinnacle of possibility, and entrepreneurship is at the center of that. The data speaks for itself, Parker said: A new jobs report from Sparkyard shows startups play a significant role in job creation in Fort Worth and Tarrant County—with average salaries more than twice the minimum wage.
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Blackstone Invests in Dallas-based LifeScience Logistics as the 3PL Leader Ramps Up in Pharma and Medical Device Market
by | Nov 16, 2021
LifeScience Logistics founder Richard Beeny calls the demand for FDA-compliant healthcare supply chain solutions “unrelenting.” The third-party healthcare logistics provider, which has more than 4-million-square feet of space in locations across nine states, has seen exponential growth since launch in 2006. LSL is in the sweet spot of Blackstone's "highest-conviction, firmwide investment themes": life sciences innovation and next-gen logistics.
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Texas Will Get Billions for Environmental Projects from $1.2T Infrastructure Bill, from Clean Water to EV Charging to Public Transit
by | Nov 16, 2021
$550 billion in new infrastructure spending is coming to projects nationwide—and a big slice is bound for Texas. From new electric buses to rail projects to improved power infrastructure to lead water service line removal and more, Texas' environment may be one of the biggest beneficiaries of all.

AECOM CEO Troy Rudd says the bill will help support critically needed innovation and sustainable solutions projects.
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Women’s Sexual Health Startup Rosy Closes $2M Seed Round to Boost Its Evidence-Based Platform
by | Nov 15, 2021
Rosy plans to further develop its flagship platform, which gives women trusted access to sexual health resources from professionals in the industry.
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Dallas’ CyrusOne Data Centers Acquired for $15B in Cash by KKR and Global Infrastructure Partners

by | Nov 15, 2021
With over 50 data centers in North America, South America, and Europe, CyrusOne supports IT infrastructure for around 1,000 firms, including approximately 200 Fortune 1000 companies. The huge acquisition is the latest in a string of private equity buyout deals as firms "look to spend a mountain of cash from their investors," according to the Wall Street Journal.
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Dallas Invents: 122 Patents Granted for Week of Nov. 2
by | Nov 13, 2021
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Allied Bioscience’s infection control, Allstate Insurance’s accident re-creation using augmented reality, Avegant Corp.’s steerable high-resolution display, Brink’s self-service modular drop safes CommScope Technologies’ wrap around antenna, Corvus Robotics’ warehouse inventory management using drones, IBM’s identifying objects of interest in augmented reality, Linear Labs’ magnetic motor and method of use, Lintec of America’s applying micron diameter yarns, and Reliant Immune Diagnostics’ initiating telemedicine conference using self-diagnostic test.
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DI People: ClubCorp, North Dallas Bank and Trust, Tappit, and More Make Moves
by | Nov 12, 2021
In this week's roundup of hires and promotions in North Texas, you'll also find news from Jacobs, WiNGS, TearLab, Activate Renewables, StreetLights Residential, The Expo Group, Lear Investment Management, and more.
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UTD Big Idea Competition Awards $415K to Innovative North Texas Startups
by | Nov 11, 2021
UTD students, faculty, and alumni pitched their big ideas for a chance to win cash to push their ventures forward. New this year: Capital Factory presented the first-ever biotech+ challenge award. 

The event featured a closing conversation on the entrepreneurial ecosystem with long-time business partners Ross Perot Jr. and Anurag Jain.
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