Perry Donors Benefited From Tech Fund

By: News Team
By: News Team

The state of Texas has given more than $16 million to high-tech startups whose investors are big donors to Republican
Gov. Rick Perry.
The Dallas Morning News reports companies with ties to at least
eight big donors have received awards from the Texas Emerging
Technology Fund administered by Perry's office.
Perry says the donations played no role in the awards and he
often doesn't know who has invested in the companies.
The companies receiving state technology funds include Terrabon
Inc. of Houston. The Morning News says it got $2.75 million, and
its backers include Perry's college friend Phil Adams. Adams has
donated at least $314,000 to Perry's campaign.
Overall, the state has given $173 million to 120 companies
through the tech fund created in 2005.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 104244428 - kbtx.com/a?a=104244428