Innovation is the backbone of Austin’s economy and extending the R&D tax credit is essential to sustaining our region’s growth and competitiveness.
A new study shows that this initiative could create over 113,000 jobs and generate $13.8 billion in additional economic output, securing Austin’s position as a global leader in innovation. Companies in the Austin region could access millions in reinvestment capital, driving new products, expanding operations, and strengthening our competitive edge.
By investing in research and development, we’re not just fueling today’s successes—we’re building the foundation for future breakthroughs that benefit our businesses, workforce, and community.
Learn more about this critical initiative from Texans for Innovation:
