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Abilene Industrial Foundation - About DevelopAbilene

About DevelopAbilene

DevelopAbilene is an “umbrella” brand for the organizations that work together to bring business to the City. It consists of the Development Corporation of Abilene (DCOA) and the groups that receive funding from the DCOA: Abilene Industrial Foundation (AIF), Abilene Chamber of Commerce (Military Affairs Committee), Abilene Regional Airport and Texas Tech Small Business Development Center.

The Development Corporation of Abilene (DCOA) is committed to creating a healthy economic climate for our community. Through the use of a half-cent sales tax, the DCOA provides incentives and assistance to Abilene businesses to build and strengthen the local economy through local investment and job creation.

The Abilene Industrial Foundation (AIF), an affiliate of the Abilene Chamber of Commerce, works under contract for the Development Corporation of Abilene. The AIF is responsible for site selection assistance, marketing, and existing business retention/expansion, and is a source of comprehensive information for expanding the relocating business.

In 1982, Abilene became the first city in Texas to create a downtown reinvestment zone as allowed by the state legislature. Through Downtown Programs, the governing board of this zone (commonly referred to as Tax Increment Financing – TIF) has distributed more than $10.4 million to a wide range of projects such as building rehabilitation, business expansion, and beautification projects.

The Military Affairs Committee (MAC), of the Abilene Chamber of Commerce, was created with the mission to maintain and expand the military presence in our community, as well as continue the strong relationship with our military community. MAC is instrumental in ensuring Dyess Air Force Base remains a premier large aircraft installation, explores opportunities to expand missions and modernize base infrastructure, and supports our more than 5,000 military and civilian employees, as well as their 8,000 family members and retirees.

The Texas Tech Small Business Development Center (SBDC) at Abilene provides business counseling, technical assistance, training workshops, and business plan development for small businesses. We strive to promote growth, expansion, innovation, increased productivity, and improved management for small business.