As the Dallas Entrepreneur Center (the DEC) celebrates its first birthday, it is introducing its very first business competition. Newly launched or young companies experiencing high growth potential can participate. Comerica Bank, the presenting sponsor, will provide the $50,000 award to the company who has the winning business pitch. This contest, along with Comerica Bank’s in-kind investment, will support entrepreneurial innovation within the region.
Applications for “The Dallas Entrepreneur Center’s North Texas Business Pitch Contest Presented by Comerica Bank” are expected to be available July 1. For more on the DEC’s and Comerica Bank’s partnership, please see Comerica Bank’s latest press release.
The DEC will announce more details soon at http://www.thedec.co.
By: Ryan Tharp, Director of Research & Economic Development
Connectivity is key to economic success. Residents of Dallas-Fort Worth utilize multiple modes of transportation to move throughout the region. Cars and trucks are the preferred option for about 91% of workers, however there are a growing number of alternative transit options available as more commuters make the switch to mass transit. Additionally, numerous urban trails are currently under construction and are creating a web of interconnected paths for cyclists and pedestrians alike. Some utilize these trails not only as recreation, but as a means for commuting to the office.
The interconnected network of highways, interstates and tollroads give people multiple options for travelling from point A to point B. The rail and air service linkages provide additional options for the movement of goods both within and outside of the region. This vital infrastructure links both coasts as well as the North-South NAFTA corridor connecting Mexico and Canada. Central location is important to the region, and the ability to move quickly and efficiently through it is just as significant.
The summer season is well under way and the Dallas Entrepreneur Center has made some exciting announcements! With a move into a new space and a partnership with Dell, the DEC’s future as well as the future of the DFW startup scene is continuing to look like a bright one.
For almost a year, the DEC has called the Softlayer offices home until recently. Over the weekend, the move was made into the 311 Market Street building in the West End Historic District. The move comes as startup activity has been spreading across the city, especially downtown. Click here to read the Dallas Morning News’ coverage.
Dell and the DEC have joined forces through the Dell for Entrepreneurs Program. Having launched several great programs for startups and entrepreneurs, Dell’s partnership with the DEC will offer North Texas startups great tools such as the Founders Club, Dell Innovators Credit Fund, and Women Powering Business. Click here to check out special discounts you can get!
Check out these upcoming DEC events!
Whiteboard Sessions at The DEC
During Whiteboard Sessions at The DEC, entrepreneurs have a chance to talk with some of Dallas’ finest entrepreneurs, industry experts, and investment groups that have experience working with new, growing companies. Register for upcoming sessions.
1 Million Cups Dallas
1MC is a Kauffman Foundation educational program put on every Wednesday from 9-10am in twenty-three different cities. Each week two startups present for 6 minutes and engage in 20 minutes of Q&A from the audience. Tell us you’re coming!
The DEC: EDU – Building a New Media
Tuesday, June 17th
Learn and discuss how to instantly engage a national audience, understand how social media drives customer engagement and media access, and empower your team to understand what motivates customer behavior. Reserve your spot here!
VentureSpur Blackbox Breakfast Series
Wednesday, June 25th
Enjoy breakfast while listening to successful entrepreneurs tell their story in 10 photos in 10 minutes. It’s a fun, engaging, intimate way to understand the lives of successful entrepreneurs here in our community. Register here.
Toyota North America announced Monday it would be consolidating operations and moving its headquarters to Plano.
“We are thrilled to welcome Toyota to the region,” said Dale Petroskey, President and CEO of the Dallas Regional Chamber. “Our Economic Development team has been working long hours on this project for a number of months, and we’re thrilled to see those efforts pay off.”
“The Chamber’s Board of Directors, including former Chamber President and CEO Amb. James Oberwetter, and our Blueprint Investors and staff should also be commended. Their tireless efforts and support make it possible for us to be successful in leading economic development, and driving economic prosperity and growth throughout the region,” added Petroskey.
A move of this size takes significant coordination with a number of regional partners. From the beginning the Chamber has helped Toyota and its exemplary consulting team engage with the key economic development leaders and connected them to many community and business leaders throughout the region.
“Our economic development partners have done an incredible job painting a clear picture of what headquartering in this region would be like. The city, state and regional economic development leaders, and business community leaders like Ray Hunt, Sean Donahue at DFW Airport, Secretary Spellings at the Bush Institute, and their peers all played a large role in helping Toyota decide to call the region home, even though they were unaware of the company’s identity. We appreciate their support and involvement over the last few months,” said Mike Rosa, Senior Vice President of Economic Development for the Dallas Regional Chamber.
Toyota plans to build a new campus in Plano.
“We were personally and candidly reminded by company executives throughout the entire process just how important their employees are to the organization. Because employees were top priority during this process we did our best to share with them not just what it means to do business in North Texas, but what it means to live and raise a family here as well,” said Rosa. “We remain pledged to support and welcome the employees making a move here.”
Operations will begin moving to the area later this year
“This dynamic organization is an outstanding addition to the North Texas business community, and we look forward to continuing to support Toyota and its employees as they make the move to our region,” said Rosa.
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