Posted Jul. 24, 2014 at 3:37 p.m.

Premium Lock Texas governor's $205M startup fund is not all it seems

Published: 2014-07-24 15:37:22
Updated: 2014-07-24 15:37:22

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Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation's second most-populous state. But a closer look at the Texas Emerging Technology Fund, one of Perry's signature initiatives in his 14 years as governor, reveals that some of the businesses that received money are not all they seem....

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