Development, Finance & Enterprise

Economic Development Bank

The Economic Development Bank is one of Texas’ best tools to promote job creation in the Lone Star State. Created by the 78th Legislature in 2003, the Bank provides incentives to businesses wishing to relocate or expand in Texas, as well as assist local communities in accessing capital for economic development.

Development Programs

Targeted for “Early Stage” Businesses, Development Programs include:

• Small Business Development
• Texas State Small Business Assistance
• Texas Economic Development Incentive Programs

Finance Programs

Targeted for “Growth Stage” Businesses, Finance Programs available from the State of Texas include:

• Texas Leverage Fund
• Texas Product/Business Fund
• Industrial Revenue Bond Program
• Texas Economic Development Incentive Programs

Enterprise Programs

Targeted Incentives for “Mature” Businesses, Development Programs include:

• Texas Enterprise Fund
• Texas Enterprise Zone Program
• Federal Enterprise Zone / Renewal Community Program

Contact

For more information on the Economic Development Bank, please call 512-936-0100.