Dallas-Fort Worth has emerged as a premier location for the convergence of tech and life science companies. Dallas-Fort Worth is ranked 4th in total ‘convergence’ jobs (315,221) and 4th fastest growing major life science hub behind the Durham, San Francisco, and Phoenix metros.
The DFW region has the fastest growing population in the country, adding over 100,000 people annually.
With six nationally recognized research universities, companies that move or expand here will find a growing pool of talent to draw from.
In 2022, DFW added more high tech jobs like software developers, engineers, and technicians than any other region in the U.S. and is #2 only behind San Francisco over the past 5 years.
The region is adding jobs comparable to other metros with a much lower cost. For reference, the national average for cost of living and for cost of doing business is 100.
hosted by University of Texas at Dallas
Dallas-Fort Worth is the Intellectual Capital of Texas. More than 70 accredited universities and colleges cover the DFW landscape. The University of North Texas at Denton, the University of Texas at Dallas, and the University of Texas at Arlington are among Texas’ eight “emerging research” universities, expanding program capabilities and funding in pursuit of remaining at the top end of research institutions as defined by the Carnegie Classification methodology. UT Southwestern Medical Center, meanwhile, is among the nation’s best in biology and biochemistry research, boasting countless clinical breakthroughs and innovations, as well as six Nobel Laureates. The region produced about 2,800 graduates with biological and biomedical sciences degrees in 2021 -- and about 4,600 degrees in computer and information sciences.
In August 2022, Dallas College was awarded an $8.8 million grant from the U.S. Economic Development Administration to help underserved communities access living-wage jobs in biotechnology. With partner institutions including Collin College, Tarrant County College and University of Texas at Arlington, are creating a career pathway model in biotechnology, biomanufacturing and bioinformatics, while generating new market employment and educational opportunities with the help of an employer-led biotechnology advisory council.
The partnership will create BioWorks for North Texas, an introductory “boot camp” to train 800 participants from historically underserved DFW communities for entry-level biotech employment.
- North Texas spends 67% of all its higher education R&D spending in life science.
- DFW institutions and organizations received $131M+ in NIH funding and $72+ in CPRIT Funding in 2021.
- UT Southwestern ranks #1 in the world for publishing high-quality biomedical and scientific research.
- Within Texas, DFW leads in the number of patents in bioinformatics and medical & surgical devices.
DFW is home to one of four satellite offices of the United States Patent & Trademark Office.
The Dallas Regional Chamber's economic development team works directly with companies, location consultants, and local and state allies to market the region and attract new and expanding corporations. We serve as a single point of contact for companies, site selection consultants, and corporate real estate executives examining the region.
Kelly Cloud
Vice President – Life Sciences
Dallas Regional Chamber
214.746.6749
kcloud@dallaschamber.org
BioNTX is the bioscience and healthcare innovation trade organization in North Texas, an affiliate of the Biotechnology Innovation Organization in Washington, DC. They are the bridge between businesses and job opportunities, providing direct cost savings services, networking events, and educational programming to the bioscience and healthcare innovation community in North Texas.
