Dallas &
Fort Worth
Dallas Regional Chamber Wins Innovation Award For Texas Executives
On June 29, 2023, the Texas Venture Alliance via partnership with the Texas Chamber of Commerce Executives’ Conference, awarded the Dallas Regional Chamber’s President & CEO, Dale Petroskey as the first Innovation Award winner. This new award category recognizes excellence in the venture and startup ecosystem.
The Innovation Award not only celebrates their important work and leadership in the Dallas region, but also inspires other chambers across Texas to consider their role in innovation as well. Learn more here.
Pictured from left to right: President & CEO of the Texas Association of Business, Glenn Hamer; Executive Director of TCCE - Texas Chamber of Commerce Executives, Drew Scheberle; President & CEO of the Dallas Regional Chamber, Dale Petroskey; and cofounder of the Texas Venture Alliance, CS Freeland.
DFW Venture-Related Features
Kendall Castillo is the Senior Manager of Events for The DEC Network, a 501c3 non-profit that helps entrepreneurs start, build and grow their businesses. Check out our interview with her here.
A collaboration of the Dallas Regional Chamber and Dallas Next, Dallas Innovates is an online news platform covering what's new + next in DFW innovation. View their website here.
Read the Dallas Entrepreneurship Center Network interview with their CEO Bill Chinn, covering past progress, future goals, and their ten year celebration here.
Startup Scene
Dallas-Fort Worth has seen an explosion of growth in startups, incubators, and accelerators to complement the corporate headquarters and financial service brands the city is known for. The fresh startup ecosystem continues to benefit from Dallas’ pro-business community and growing economy.
Launching a business in DFW allows companies the opportunity to prove their model at scale and draw from local talent from established firms. Organizations such as TechFW support startups with programming, mentorship, and a variety of accelerator & incubator offerings.
Venture Community
A growing community of venture firms in DFW has focused on fostering startup and entrepreneurial activity around the region. Major venture firms like Interlock Partners, Mark Cuban Companies, Capital Factory, Cypress Growth Capital invest across biotechnology, IT, consumer goods and aerospace industries. Dallas also has the largest concentration of family offices that are actively investing in tech.
Business Environment
Dallas-Fort Worth is a magnet for corporate headquarters and regional offices. Dallas is home to 22 of America’s 500 largest companies such as AT&T, American Airlines, Southwest Airlines, Texas Instruments, Toyota, and many more. Additionally, July 2019 – July 2022, Dallas added the most jobs in the United States, making it one of the fastest-growing cities in the US.
“Our economic diversity is unlike and is better than any other metropolitan region in the United States,” said Hillwood CEO Mike Berry to the Forth Worth Star Telegram about Fort Worth “Look at our backbone industries: aerospace and defense, energy, transportation and logistics, and financial services. I mean we have a story to tell to a wide variety of industries and companies”.
The Fort Worth Star Telegram went on to say The Metroplex has the greatest industry diversity among major Texas cities, according to data from commercial real estate agency JLL.
Culture
Dallas offers a robust place to live, work and play. Dallas attracts a diverse, millennial workforce to take advantage of the growing career opportunities and lively entertainment options. Residents are extremely proud and supportive of one the most popular sports teams in the NFL, The Dallas Cowboys.
Way of Life
Dallas is at the heart of the DFW metroplex and has all the cosmopolitan offerings of the major cities on the coasts. Dallas is unique because of the number of sub-markets surrounding the city. From Addison to Frisco and Plano, nearby family-friendly neighborhoods are a great option to be a part of the sprawling DFW community and strong school districts.