The Dementia Prevention and Research Institute of Texas is established to:
(1) create and expedite innovation in research on dementia, Alzheimer's disease, Parkinson's disease, and related disorders to improve the health of residents of this state, enhance the potential for a medical or scientific breakthrough in research on dementia, Alzheimer's disease, Parkinson's disease, and related disorders, and enhance the research superiority of this state regarding dementia, Alzheimer's disease, Parkinson's disease, and related disorders; and
(2) attract, create, or expand research capabilities of eligible institutions of higher education and other public or private entities by awarding grants to promote a substantial increase in research on dementia, Alzheimer's disease, Parkinson's disease, and related disorders, strategies for prevention of dementia, Alzheimer's disease, Parkinson's disease, and related disorders, and the creation of exceptional jobs in this state.