October 30, 2007: The University of Texas at Austin and the Gyeonggi Province of South Korea are taking the first steps to launch a program to promote entrepreneurship, identify promising technology start-up companies and introduce them to the United States market. University and Gyeonggi officials today (Tuesday, Oct. 30, 2007) signed a preliminary agreement for the three-year project, called the Gyeonggi Innovation Program. A final was then signed in early 2008. Paul's relationships in South Korea were instrumental in assembling this entire program.  This will also be the first time the University will open a foreign office.