About Us

Accelerating Economic Development in San Antonio

VelocityTX, formerly known as the Texas Research & Technology Foundation, is a nonprofit organization that seeks to advance San Antonio’s life science industry in order to promote sustainable economic and community growth. Leveraging our region’s unique strengths in research, development, and commercialization, VelocityTX carries out this mission through place-based industry clustering, startup support programming, and workforce development. Combined, these efforts are accelerating job creation and investment all across South Texas by positioning San Antonio as a critical hub of connection between academia, industry, and the military medical community.

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Our Mission

VelocityTX is San Antonio’s champion for delivering sustainable economic and community growth. We connect, develop, and fund innovative ventures that enhance our bioscience and technology ecosystem.

Core Values

We believe that values-based leadership is essential to achieving our goals, and the VelocityTX team strives to live out these ideals as we serve our community.

Integrity - Always Doing the Right Thing

Be Honest
Provide Fair Treatment
Demonstrating Strong Moral Principles
Building Trust Through Every Interaction

Placing Our Collective Interest Above Ourselves
Being Reliable and Delivering on Expectations
Being Unified and Cohesive

Velocity - Moving Success with Magnitude and Direction

Having a Bias Towards Action
Demonstrating Skip Counting

Delivering Impactful Results with Speed
Working in Parallel

Innovation - Proactively Creating the Next Model

Accelerating New Ideas
Sustaining Momentum for New Innovations
Initiating Change

Every Experience is a Learning Opportunity
Being Creative

1983

Our History

Cooke Feasibility Study establishes the viability of a suburban research park in San Antonio.

1984

Our History

The Texas Research & Technology Foundation (TRTF) is founded by Brig. Gen. Robert McDermott and a coalition of business and civic leaders.

1985

Our History

A “Tiger Team” is formed to study model research parks across the United States.

1986

Our History

Concord Oil Founder Tom Pawel and wife Nancy donate 1,500 acres in west Bexar County for the development of the Texas Research Park (TRP).

1986

Our History

The University of Texas Board of Regents votes to establish the Institute of Biotechnology (IBT) at UT Health San Antonio, with plans to locate at TRP.