The Texas Research & Technology Foundation (TRTF), has acted as the technology-based economic developer for the City of San Antonio since its establishment in 1984. The TRTF is actively engaged with the City of San Antonio and Bexar County, acting as a major stakeholder for driving economic development around emerging technologies, funding innovative ventures, and helping to build the regional bioscience, cybersecurity, and high-technology economies. In 2017, TRTF created a subsidiary VelocityTX, an incubator and accelerator for companies in the life sciences and disruptive technologies.