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.
DFW Talent Demographics Guide
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metro jobs and Costs comparison
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
intellectual capital of texas
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.
- 3,700 students
- Home to 6 Nobel Laureates since 1985, 26 members of the National Academy of Sciences, and 17 members of the National Academy of Medicine (formerly the Institute of Medicine)
- Schools of Medicine, Biomedical Sciences, Health Professions
- $554 million per year for faculty research from NIH, CPRIT, and philanthropic grants per year. Funding about 5,800 projects
- Has been ranked 1st for volume of work published in biomedical research, basic chemistry, and overall research
- 80+ biotech startups have spun out of UT Southwestern
- 1,100+ licensing & option agreements
- UT Southwestern’s campus currently includes almost 15.5 million square feet of building space, with about 2.7 million square feet of capital or renovation projects under construction or in planning and design.
DALLAS COLLEGE AWARDED $8.8M EDA GRANT to grow life 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.
INTELLECTUAL CAPITAL /
- 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.