State & Local News
Texas Promotes Innovation-Led Economic Growth
March 25, 2026
Governor Greg Abbott emphasized Texas' leadership in fostering a diversified and innovation-driven economy during the Forward Fort Worth mobility innovation summit. Highlighting key sectors such as artificial intelligence, biotechnology, nuclear energy, and advanced manufacturing, Texas is actively positioning itself as a global economic hub with a pro-business environment that encourages business relocation and expansion.
- Why this matters: State and municipal procurement professionals should anticipate increased demand for technology, biotech, and advanced manufacturing solutions aligned with Texas' strategic growth sectors.
- Businesses and contractors specializing in AI, biotech, nuclear, and manufacturing technologies may find expanding opportunities in Texas through public-private partnerships and state-supported initiatives.
- Procurement strategies should consider Texas' focus on innovation and economic diversification when planning engagements or responding to solicitations in the region.
- Organizations can leverage Texas' pro-business policies and leadership support to align proposals with state priorities and enhance competitiveness in upcoming procurements.
Almost any industry that you can think of, Texas is already leading in, and more importantly, we are attracting even more of those businesses to the state.
— Greg Abbott, Governor
Agencies
State of Texas, City of Fort Worth