incentives
To help us understand your project and align with your company goals, we invite you to complete the Project Review Form application. This will enable us to tailor our support and incentives to meet your specific needs and ensure your success in our community. We look forward to partnering with you!
Economic Development and Diversification In-State Tuition for Employees
Economic Development & Diversification In-State Tuition for Employees is a program that allows employees—and those employees’ family members—of a qualified business considering a relocation or expansion of its operations in the State of Texas to pay in-state tuition rates at public institutions of higher education in the state without first establishing residency.
Skills Development Fund
Established by the 74th Legislature in 1995, The Skills Development Fund was designed to better utilize the public community and technical college system in Texas as well as other training organizations and have them partner with businesses throughout the state (with priority on small businesses) to train workers to meet the labor needs of employers and the regional labor market.
Texas Enterprise Fund
The Texas Enterprise Fund (TEF) awards “deal-closing” grants to companies considering a new project for which one Texas site is competing with other out-of-state sites. The fund serves as a financial incentive for those companies whose projects would contribute significant capital investment and new employment opportunities to the state’s economy.
Texas Enterprise Zone Program
The Texas Enterprise Zone Program (EZP) is a state sales and use tax refund program designed to encourage private investment and job creation in economically distressed areas of the state.
Texas Sales and Use Tax Exemptions
Texas businesses are exempt from paying state and local sales and use tax on leased or purchased machinery, equipment, replacement parts, and accessories that are used or consumed in the manufacturing, fabrication, or repairing of tangible personal property for ultimate sale. Certain restrictions apply and the exemption is not for all equipment. In some instances, labor or services that are typically taxable may be eligible for the exemption.
Texas Self Sufficiency Fund
The Self-Sufficiency Fund is a job-training program that is specifically designed for individuals that receive Temporary Assistance for Needy Families (TANF). The program links the business community with local educational institutions and is administered by the Texas Workforce Commission. The goal of the Fund is to assist TANF recipients become independent of government financial assistance.