Dallas College is a workforce development organization. That's what we do. And I think whether it's biotech or any other sector, you know workforce development is gonna be key moving forward.
A company cannot grow without being able to find the talent they need to fill jobs. I think Dallas College particularly was in a great position to lead this regional initiative because of our size, because of our experience administering other federal grants.
So, we can, we can play that role and we can allow our partners to do what they do well, in this initiative.
We've got one of the fastest-growing economies in the country where one of the fastest-growing regions in terms of population. But we're still number six in terms of county poverty levels that we realize here in our region.
And we believe that this type of initiative and this type of focus and this type of strong industry will really help us address some of the barriers that have kept a lot of folks on the margins of our workforce and our economy.
So, the workforce development that is coming forward in this particular project is incredibly critical because it's focused on people who have not necessarily been given the open door into this industry.
So, I'm very proud and delighted and honored to be working with Dallas College to make sure that the workforce is it's equitable.
The Dallas-Fort Worth hospital Council Foundation has a long history of workforce development programs, very successful workforce development programs across North Texas. And we feel we have an obligation to bring this expertise and ability to be the hospitals into these types of grants.
If we want to grow biotechnology in North Texas. And we will have all this innovation coming out of research. Academic institutions or startups. We need to have the workforce prepare for those jobs that are needed to make progress in what we are trying to accomplish.
I see the North Texas biotech sector in the next five or ten years, really growing.
Especially I think that this collaboration that between industry and the community colleges and universities, that we provide a workforce for industry to come into this area.
But I think if you look within the United States, you see two hotbeds of the biotech industry.
One of the East Coast in North Carolina, the Research Triangle area. And you
see one on the West Coast in California, San Francisco Bay area. However, I think that with our growing business and industry partners and biotech here in North Texas, with our growing institutions of higher education, were positioned really well to be a key player and contributor to the biotech industry. Not only North Texas, But also United States and in the entire world.
I'm excited about this initiative is collaboration because it's, it's truly regional and it is giving us the motivation, the inspiration to really collaborate regionally.
This grant opportunity really brings us together in a unique way to help grow the entire region.