Taxes & Incentives

Texas Enterprise Fund

A Game Changer for Business

Created in 2003, the Texas Enterprise Fund (TEF) is the largest “deal-closing” fund in the nation and exerts a heavy focus on job creation and capital investment to compete with out-of-state options. Over 100 grants have been awarded across a spectrum of industries since the fund’s inception, totaling more than $500 million.

Performance agreements and Half Cent Sales Tax are other powerful local incentives. Performance agreements are fully controlled at the local level and are not dependent upon state of county approval. Every economic development incentive package is prepared to meet the best possible solution for each company’s needs while considering the return to the community.