Performance-Based Support for Qualified Investment
Texas First helps eligible companies identify potential local, state and federal resources that may support a new or expanding U.S. operation. Assistance is typically performance-based and may consider factors such as capital investment, job creation, wages, industry, infrastructure requirements and long-term economic benefit.
Because every project is different, Texas First works with companies to understand their plans, identify relevant programs and coordinate conversations with the appropriate economic development organizations, utilities, government agencies and professional advisors. Eligibility, program value and approval requirements vary by project and location.
Depending on the project, local assistance may include:
- Performance-based economic development grants
- Property tax-related incentives or exemptions
- Infrastructure participation for roads, utilities and site improvements
- Land, building or lease assistance
- Utility incentives or economic development rates
- Workforce recruitment and training support
- Permitting, zoning and development coordination
- Site-selection research and project management assistance
Local programs are generally negotiated individually and may require formal agreements and public approval.
State of Texas Programs
Qualified companies may also be considered for state-level programs that support major investment, job creation, workforce development, advanced manufacturing, technology and other targeted industries.
Potential state assistance may include:
- Performance-based grants
- Workforce training funds
- Tax exemptions for qualifying equipment or business activities
- Infrastructure and development support
- Programs for semiconductor, technology and advanced manufacturing investment
- Other project-specific financial or business assistance
Texas First can help companies understand which state programs may warrant further evaluation and coordinate introductions to the appropriate agencies.
Federal resources may be available for qualifying investments, particularly those involving international trade, rural development, designated investment areas or specialized financing needs.
Potential opportunities may include:
- Foreign-Trade Zone benefits
- Opportunity Zone incentives
- Rural development grants, loans or financing
- Trade and export-related resources
- Federal workforce or infrastructure programs
- Other qualified grant, loan or financing tools
Texas First can connect investors with the appropriate federal agencies, program administrators and professional advisors to explore these opportunities.
A Coordinated Evaluation Process
Incentives should strengthen a sound business decision rather than replace one. Texas First begins by understanding the company’s operational requirements, investment, employment plans and timeline, then coordinates with regional partners to evaluate available resources.
Programs, eligibility and potential value vary by project and location and are not guaranteed. All assistance remains subject to required reviews, agreements and public approvals.