Dallas IT Jobs Supported by Funding

A number of Dallas IT jobs will be supported by a new round of funding from a statewide program.

State officials recently announced that two Dallas area companies and one Austin company will receive a total of $3.35 million from the Texas Emerging Technology Fund. The state's low taxes, reasonable and predictable regulatory climate, and educated workforce continue to create local jobs.

"While we certainly have our challenges and are not immune to the global economic crisis, Texas is better off than most states thanks to our people, our businesses, and our state's sound tax, regulatory and education policies," Gov. Rick Perry said. "As Texas faces budget challenges in the upcoming legislative session, we will face them head-on with the clear priorities, fiscal discipline and hard work that have made Texas a national jobs and economic force."

Check out this computer programmer job description to learn more about the types of jobs being supported. The three companies that will receive funding include:

• Dallas-based Iridescent Networks - $250,000 to commercialize software that allows high quality video to be delivered over the Internet to any device at a lower cost than is currently available. The company plans to work with the University of Texas at Dallas to complete the product.
• Dallas-based Neuro Resource Group - $1.5 million to commercialize and manufacture "InterX", a non-drug pain management therapy meant to reduce medication intake and swelling, as well as improve range of motion. The device is already being used by more than 60 professional sports teams, 20 American military installations, and several major medical centers that serve acute or chronic pain sufferers. The company plans to work with the University of Texas at Arlington to complete the product.
• Austin-based DataInfoCom - $1.6 million to commercialize Predictive Decision Management, a software that allows companies to predict the outcomes of their most valuable business processes. The company plans to work with the University of Texas at Austin to complete the product.

The TETF is a $200 million initiative that was created by the Texas Legislature in 2005. Under the program, a 17-member advisory committee of high-tech leaders, entrepreneurs, and research experts reviews potential projects and recommends funding allocations to state officials.

So far, the TETF has allocated more than $177 million in funding to 123 early state companies and $161 million in grant matching and research superiority funds to universities throughout Texas.