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In its 13th year, the Texas-EU Business Summit is the premier event for Texas businesses, entrepreneurs and economic development professionals seeking to expand their footprint in Europe. The summit provides Texas businesses, entrepreneurs, policymakers and target businesses with an overview of trade and expansion business opportunities in Europe as well as information and connections to make the most of those opportunities.


13th Annual Texas EU Business Summit

October 3, 2024

8:30am-4:30pm CDT

San Jacinto Residence and Events Hall

309 E 21st St., Austin, TX 78705

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(Summit registration includes buffet lunch)

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Texas-EU Business Summit Newsletter #1

Building Roads to Business Success in Europe

Registration is open for the 13th Texas-European Union Business Summit. The summit is the Lone Star State’s premier forum for connecting Texas business, entrepreneurs, and economic development agencies with trade representatives and business partners from the nations of the European Union. The EU offers Texas a market of 450 million people with a $19 trillion economy and its 27 member nations encompass many diverse markets, needs, and comparative advantages.


The Texas-European Union is not only for large businesses or those already doing business with Europe. In 2022 small and medium-sized enterprises accounted for 39.3% of all Texas exports. Small and medium-sized companies account for 92% of Texas exporters, and 44% - nearly half - of its export value. 


Participants for the October 3rd event will be briefed by knowledgeable experts on the business climate and opportunities within key EU markets and sectors as well as hearing informative success stories from those who made them happen. Participants will also have the opportunity to interact and make connections with European trade representatives and European enterprises. Look for detailed profiles of summit sessions in this and future newsletters and check https://conferences.la.utexas.edu/texaseusummit/ for regular updates and to register for the event. 

Wings of Opportunity: Aerospace, Aviation, and Defense

Scott Firsing (Founder & President, Scott Sky Advisors; pictured) says that big changes in the aviation industry globally are being driven by sustainability and affordability. An aviation industry consultant and moderator of the Aviation, Aerospace, and Defense panel at this year’s summit, Firsing gives us a preview of how those topics, and others, will inform the panel. 


Europe, already home to some of the biggest names in aviation, continues to influence the global industry through its goal to become the first carbon neutral continent. This helps push the development of sustainable aviation fuel (SAF) and new engine technologies. Other important developments include increasing use of automation, both in operation and production as well as the development of stronger, lighter materials that, as Firsing explains, “mean we can go higher, longer, faster and do it safer.” 

  

He sees supply chains as a promising source of opportunity for Texas businesses interested in Europe’s aerospace market. “We learned a lot of lessons from COVID, but one important lesson was the pain and suffering companies endured because of limited supplies for vital parts. Often companies only had one supplier.” 


Texas’ dynamic private sector space market is also of note. SpaceX and Blue Origin have significant operations in the state. There are several launch sites in Texas. Texas Companies such as Firefly Aerospace and Nanoracks are leaders in space technology. The Texas private space sector also enjoys significant public sector support, including the Texas Space Commission, new academic programs and, of course, the presence of Johnson Space Center in Houston. 


Firsing says, so far, Europe’s private space sector doesn’t have the same dynamism. “They lack the private and public funding.” However, that creates an opportunity for Texas operations to help address European needs.


More than just a moderator, Firsing is the founder of Scott Sky Advisors, a consulting firm helping foreign aerospace firms navigate the North American market. He says that the need for expertise runs both ways and that European aerospace opportunities for Texas companies do come with challenges “They often have their own entities or their own national regulators. Europe also has stringent regulations for aerospace and defense industries that can include items like safety standards, environmental regulations, and data protection laws.” He recommends hiring local consultants and legal experts to navigate these challenges.

Q&A with Incoming CES Director

Dr. Michael Mosser

Since the Texas-European Union Business Summit’s inception, the Center for European Studies (CES) at the University of Texas at Austin has been a key organizer, sponsor, and driving force behind the event. This year, the CES has a new director, Dr. Michael Mosser (pictured left). While new to CES’s directorship, Mosser is an experienced hand with both CES and the Summit. Dr. Mosser was kind enough to sit down and do a Q&A with newsletter staff.


Q: Tell us a little bit about your background?


A: I’m an Associate Professor of Instruction at UT-Austin, which means I am teaching-focused (but still do plenty of research and service). I have my BA in History and Political Science from the University of Pittsburgh, and my MA and PhD in Political Science from the University of Wisconsin – Madison. I have been involved with European Studies from the beginning, receiving a Certificate in Western European Studies from Pitt, and focusing my dissertation on the ability of small European states to “engineer” influence between the superpowers during the Cold War. My spouse, who is a faculty member of the LBJ School of Public Affairs, came to UT in January 2009. I taught here for a semester and then was a visiting professor for three years at Southwestern University in Georgetown, where I taught European politics and international relations. I came back to UT in the summer of 2012, as part of the expanded International Relations and Global Studies (IRG) program. I’ve been teaching European security, European environmental politics, and various government and international relations capstone courses.


Q: Tell us about your previous involvement with the Texas-EU Business Summit. 


A: I’ve been involved with the Texas-EU Business summit for quite some time now, since the mid-2010s. Most of my involvement has been behind the scenes, helping the CES administrative staff manage the event on the day it occurs. But I have also participated in sessions that have been focused on energy, especially on the European green energy transition.


Q: How does it feel to be the new director of CES?  What is your vision for the summit going forward?


A: It’s an incredible opportunity. I have enormous shoes to fill after Douglas Biow’s remarkably successful tenure as Director. I don’t plan to make any major changes to the Texas-EU Business summit this year, or likely even in the future, as it’s been extraordinarily helpful in bringing together pertinent stakeholders from two different, but interrelated, quadrants: EU businesses seeking to invest in Texas, and Texas businesses seeking to invest and grow within the EU. In the future, we will continue to broaden the notion of “business” beyond profit-making enterprises.


Q Is there anything you are particularly excited about regarding this year’s summit, its agenda, or its guests?


A: I’m really excited about the breadth of panels we have this time around. There is continuity from previous years, of course, but this year we are looking at defense issues in a more focused way than we have in the past. We’re also looking at the role of disinformation within industry, an issue that is only going to become more and more relevant to business worldwide in the future. I’m hopeful that we can use this year’s Texas-EU Business Summit as a launchpad for even more policy-oriented activities sponsored and funded by CES in 2025 and beyond. Stay tuned!

The 2024 Paris Games: Friendship, Partnership, Healthy Competition

Recently, the top athletes of more than 200 nations gathered in Paris for the 33rd Summer Games, celebrating personal excellence and the competitive spirit in a climate of friendship and healthy competition. 


At the games’ conclusion, the nations of the European Union had won more than 309 medals, including 97 gold. In both categories, its totals exceed those of the US and China combined, making the games a powerful symbol of the potential of the EU and European partnership more generally. Texas had one of the best performing contingents of athletes among America’s Olympic team, taking home more 16 gold medals and over 40 medals overall. Texas, of course, spent nearly a decade as an independent republic and Texans retain a fascination with how our state would measure up if that were still the case. 


So, in the spirit of fun, the Texas European Business Summit thought we would see how Texas athletes stacked up against the five best performing national teams from the EU. 


GOLD

SILVER

BRONZE

TOTAL

EU 27

97

95

117

309

France

16

26

22

64

Texas

16

14

11

41

Netherlands

15

7

12

34

Italy

12

13

15

40

Germany

12

13

8

33

Hungary

6

7

6

19

Texas-European Union Quick Facts


  • The EU offers Texas businesses and entrepreneurs access to a diverse market of nearly 448 million customers with a GDP of $14.5 trillion.
  • Annual Texas exports to the European Union exceed $76 billion. 
  • Texas is the largest exporter to the European Union (exceeding #2 Louisiana, #3 California, and #4 New York combined)
  • The top five Texas exports sectors to the EU are Oil & Gas ($46.8 billion), Chemicals ($10.6 billion), Computer & Electronic Products ($5.8 billion), Petroleum & Petroleum Products ($3.6 billion), and Transportation Equipment ($2.9 billion).
  • Annual EU investments in Texas total over $275 billion.
  • These investments create over 214,500 employment opportunities for Texans.
Visit our Website
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Have further questions? Please contact the Texas EU Business Summit organizers at ces@austin.utexas.edu.

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