CHAPTER 490A. TEXAS ENTREPRENEURSHIP NETWORK

GOVERNMENT CODE

TITLE 4. EXECUTIVE BRANCH

SUBTITLE F. COMMERCE AND INDUSTRIAL DEVELOPMENT

CHAPTER 490A. TEXAS ENTREPRENEURSHIP NETWORK

Sec. 490A.001. DEFINITIONS. In this chapter:

(1) "Entrepreneur participant" means an individual who has a

business or an idea for a business and registers with the

network.

(2) "Fund" means the Texas Entrepreneurship Network fund.

(3) "Network" means the Texas Entrepreneurship Network.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.001 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.

Sec. 490A.002. ESTABLISHMENT OF NETWORK. (a) The Texas

Entrepreneurship Network is established to develop and diversify

the economy of this state through:

(1) the provision of programs and services to facilitate the

growth and success of entrepreneurs; and

(2) the statewide, results-driven collaboration of public and

private entities to create jobs and energize sustainable local

economies through the development of entrepreneurs in this state.

(b) The Texas Center for Rural Entrepreneurship shall:

(1) operate the network under an agreement with the Department

of Agriculture and as provided by this chapter; and

(2) comply with all reasonable and customary oversight measures

required by the Department of Agriculture.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.002 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.

Sec. 490A.003. MEMBERS OF NETWORK. (a) The founding members of

the network are:

(1) the Texas Cooperative Extension of The Texas A&M

University System;

(2) the IC2 Institute at The University of Texas at Austin;

(3) the College of Agricultural Sciences and Natural Resources

at Texas Tech University;

(4) the Department of Agriculture;

(5) the Texas Workforce Commission;

(6) the Texas Department of Rural Affairs;

(7) the Texas Center for Rural Entrepreneurship;

(8) the Texas Economic Development Council;

(9) CoSERVE at The University of Texas--Pan American;

(10) the office of external affairs at Texas Southern

University; and

(11) the John F. Baugh Center for Entrepreneurship at Baylor

University.

(b) An institution of higher education, chamber of commerce,

economic development corporation, business, or organization with

an interest in promoting entrepreneurship may join the network.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.003 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.

Amended by:

Acts 2009, 81st Leg., R.S., Ch.

112, Sec. 92, eff. September 1, 2009.

Sec. 490A.004. ADVISORY BOARD. (a) The Texas Center for Rural

Entrepreneurship shall establish an advisory board to guide and

advise the operations of the network.

(b) The advisory board consists of one representative from each

of the founding members of the network under Section 490A.003(a)

and at least one member from the private sector. An organization

other than a founding member of the network under Section

490A.003(a) may have a representative on the advisory board only

if the creation of an additional seat on the board is authorized

by a two-thirds majority vote of the existing board.

(c) The initial advisory board shall adopt provisions to

determine the terms of board members and stagger the members'

terms, and other provisions necessary to administer the board.

(d) Advisory board members serve without compensation but are

entitled to reimbursement for reasonable expenses incurred in

traveling to meetings related to the network.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.004 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.

Amended by:

Acts 2007, 80th Leg., R.S., Ch.

921, Sec. 17.002(4), eff. September 1, 2007.

Sec. 490A.005. GENERAL DUTIES AND GOALS. (a) The network shall

train and refocus existing state and local resources to build a

more prosperous, dynamic, and sustainable economy throughout this

state by:

(1) providing coordinated training and services that enhance the

value of the state's existing infrastructure investments and make

the investments available to entrepreneur participants;

(2) developing a statewide network of entrepreneurship

developers and entrepreneurship centers as provided by Section

490A.006;

(3) developing a comprehensive network of knowledge, leadership,

and financial capital resources accessible through the network's

entrepreneurship developers and entrepreneurship centers;

(4) educating entrepreneur participants and generating awareness

of the network and its programs;

(5) identifying the most promising ventures through activities,

including business-plan competitions, and assisting the ventures'

potential for job and wealth creation;

(6) developing evaluation methods to measure the effectiveness

of the network and the impact of entrepreneurship on local and

regional economies;

(7) developing best practices for successful entrepreneurship

and applied research regarding critical success factors for

entrepreneurial businesses to provide a strategic competitive

advantage for businesses in this state; and

(8) collaborating with existing local, state, and federal

agencies and economic development professionals to use the

strengths and assets of the agencies and professionals.

(b) The network shall work locally, regionally, and statewide

with educators, agencies, organizations, networks, businesses,

economic developers, consultants, communities, researchers, or

other persons to develop and support strategies to assist

entrepreneur participants and improve the environment for

entrepreneurial development in this state.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.005 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.

Amended by:

Acts 2007, 80th Leg., R.S., Ch.

921, Sec. 17.002(5), eff. September 1, 2007.

Sec. 490A.006. ENTREPRENEURSHIP SERVICES. (a) The network

shall develop a statewide association of local individuals who

are entrepreneurship developers trained to analyze, evaluate, and

develop business plans and help local entrepreneur participants

start, grow, or develop their businesses.

(b) The network may establish local entrepreneurship centers in

every county practicable, at which an entrepreneur participant

may access programs, necessary support, and online resources

provided and developed by the network. In establishing the

entrepreneurship centers, the network shall use existing

infrastructure, public and private organizations, and other

resources, including chambers of commerce, universities and

community colleges, county extension offices, Texas Workforce

Commission offices, and local business offices.

(c) The network shall adopt requirements for entrepreneurship

centers. An organization must meet the requirements adopted under

this subsection before hosting an entrepreneurship center.

(d) A group of individuals who have services, resources, or

expertise to offer entrepreneur participants may agree to provide

services through the network as an entrepreneurship force.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.006 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.

Sec. 490A.007. NETWORK PROGRAMS. The network may develop:

(1) programs for:

(A) business plan development, competitive enhancement, and

management skills development;

(B) entrepreneurship best practices training;

(C) entrepreneurship education in primary and secondary schools

and community colleges;

(D) expanding entrepreneurship in workforce development

programs;

(E) accessing sources of start-up and growth capital;

(F) training and assisting entrepreneurship agents who

facilitate and assist entrepreneurial efforts; and

(G) community readiness preparation and evaluation, and

community planning;

(2) methods for helping entrepreneur participants access other

loan, guarantee, and grant programs;

(3) necessary policies and regulations; and

(4) collaborations with other entities.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.007 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.

Sec. 490A.008. TEXAS ENTREPRENEURSHIP NETWORK FUND. (a) The

Texas Entrepreneurship Network fund is an account in the general

revenue fund. The Department of Agriculture shall administer the

fund.

(b) The following amounts shall be deposited in the fund:

(1) any amounts appropriated by the legislature for the fund;

and

(2) gifts, grants, and other donations received for the fund.

(c) The fund may be used only for network purposes, subject to

Section 490A.009.

(d) The network may solicit and accept gifts and grants for the

fund from public and private universities and all other public

and private entities.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.008 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.

Amended by:

Acts 2007, 80th Leg., R.S., Ch.

921, Sec. 17.002(6), eff. September 1, 2007.

Sec. 490A.009. USE OF FUND. Money appropriated to the fund by

the legislature shall be used for:

(1) programs related to local entrepreneurship centers,

training, and entrepreneurship developers;

(2) curriculum development, infrastructure, data management, and

research;

(3) technology and economic development research centers of

excellence;

(4) the network's overhead expenses; and

(5) other activities necessary to accomplish the mission of this

chapter.

Added by Acts 2005, 79th Leg., Ch.

593, Sec. 1, eff. September 1, 2005.

Renumbered from Government Code, Section 490.009 by Acts 2007,

80th Leg., R.S., Ch.

921, Sec. 17.001(30), eff. September 1, 2007.