State Incentives

Texas is known for being a pro-business state. Everything is big in Texas, including business opportunities and the resources available to help take advantage of them. View state incentives below and contact the MDC for additional information on how to take advantage of them.

 

Incentives
Capital Access Program
The Capital Access Program (CAP) is a partnership between the State of Texas and selected non-profit lenders to increase access to financing for small and medium-sized businesses and non-profits whic...
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Category: TX State Programs

Economic Development & 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 i...
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Category: TX State Programs

Event Trust Funds Program
The Event Trust Funds program is comprised of three separate funds—the Events Trust Fund, Major Events Reimbursement Program, and Motor Sports Racing Trust Fund—targeted at attracting various types of events t...
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Category: TX State Programs

Financing
Texas takes the initiative to invest in its future by offering competitive incentives to companies who are creating jobs and driving innovation in Texas. The incentives in this section ar...
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Category: TX State Programs

Grants
The Governor’s Office of Small Business Assistance works closely with a variety of partners to highlight various avenues for access to capital, including, but not limited to the below: Product Developmen...
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Category: TX State Programs

Industrial Revenue Bonds
Industrial Revenue Bonds (IRBs) provide a source of tax-exempt or taxable bond finance for projects involving significant private activity that promote new and existing businesses, encourage employment, and expand th...
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Category: TX State Programs

Spaceport Trust Fund
The Spaceport Trust Fund (STF) is a financial tool to support the development of infrastructure necessary or useful for establishing a spaceport in the State of Texas. Fund proceeds ar...
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Category: TX State Programs

Tax Incentives
Texas takes the initiative to invest in its future by offering competitive incentives to companies who are creating jobs and driving innovation in Texas. The incentives in this section ar...
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Category: TX State Programs

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 ...
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Category: TX State Programs

Texas Leverage Fund
The Texas Leverage Fund (TLF) is a loan program providing financing for qualified projects in Texas municipalities. The program allows communities to leverage future sales tax revenues to support economi...
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Category: TX State Programs

Workforce Development Funds
Texas has the perfect combination of highly skilled talent and world-class schools that continue to meet the needs of businesses across all industries. The Lone Star State is home t...
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Category: TX State Programs