State of Texas Available Incentives

Texas Enterprise Fund

The Texas Enterprise Fund (TEF) provides the state’s leaders with a “deal closing fund” that has the flexibility and financial resources to help strengthen the state’s economy. The fund can be used for a variety of economic development projects including infrastructure and community development, job training programs and business incentives. These funds will be used primarily to attract new business to the state or assist with the substantial expansion of an existing business as part of competitive recruitment situation.

For more information visit http://governor.state.tx.us/priorities/economy/investing_for_growth/texas_enterprise_fund/

Texas Enterprise Zone Program

The Texas Enterprise Zone Program is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the state. Designated projects are eligible to apply for state sales and use tax refunds on qualified expenditures. The level and amount of refund is related to the capital investment and jobs created at the qualified business site.

Level of Capital Investment	Maximum number of jobs allocated	Maximum potential refund	Maximum refund per job allocation
$40,000 to $399,999	10	$25,000	$2,500
$400,000 to $999,999	25	$62,000	$2,500
$1,000,000 to $4,999,999	125	$312,500	$2,500
$5,000,000 to $149,999,999	500	$1,250,000	$2,500
Double Jumbo Project $150,000,000 to $249,999,999	500	$2,500,000	$5,000
Triple Jumbo Project $250,000,000 or more	500	$3,750,000	$7,500

For more information visit http://governor.state.tx.us/ecodev/financial_resources/tax_incentives/

Emerging Technology Fund

For more information visit http://www.emergingtechfund.com