Richardson Economic Development Partnership is a contract between and the City of Richardson, Texas and the Richardson Chamber of Commerce whereby the Chamber provides economic development services to the city.
Richardson, Texas USA
While Silicon Valley California is considered the high-tech capital of the world, the computer revolution actually started in Dallas, Texas when Jack Kilby invented the integrated circuit in 1958 while at Texas Instruments. Richardson, Texas is a suburb of Dallas and home to one of Texas Instruments state-of-the-art semiconductor manufacturing facilities. Richardson has become the high-tech hub of the Dallas metropolitan area with over 500 technology companies within the city limits. In addition to semiconductors, Richardson is also known at the “Telecom Corridor Area” and for several decades has been the location for telecommunications companies from around the world to establish their North American headquarters or a large regional office. Companies such as AT&T, Verizon, Cisco, Huawei, ZTE, Nortel, Samsung and many more have had a presence in Richardson at some point. With more than 60 internationally based companies having operations in Richardson, the Texas State Legislature has proclaimed Richardson the “International Business Capital of North Texas”
Having access to a vibrant technology workforce, besides semiconductors and telecommunication, several other technology clusters have developed in Richardson including, software, ICT, data centers, cyber security, computer gaming, defense contracting, nanotechnology, ICT enterprise consulting services and wireless technology. Other industry clusters that rely on technology to operate their business, such as financial services and insurance have also expanded into Richardson.
To support the high-tech industries in North Texas, the staff of the Richardson Chamber of Commerce also manages Tech Titans, a regional technology association. With over 350 members, Tech Titans is the largest tech association in Texas and one of the largest in the southwest U.S. Tech Titans provides advocacy for the tech industry in Texas at the state and federal government levels. The organization also promotes and educates its members through “special interest forums” including internet of things (IoT), Cyber Security, Design & Manufacturing, Artificial Intelligence, Big Data/Analytics, Autonomous Systems, Human Resources, Health Tech, Blockchain and STEM. The annual Tech Titans Awards Gala attracts nearly 1,000 guests to attend a black-tie awards dinner.