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TX
Texas Product Development and Small Business Incubator Fund
State long-term asset-backed loans for product development companies and small business incubators.
About this program
The Texas Product Development and Small Business Incubator Fund offers financing for product development companies and small business incubators. El Paso technology, product, or incubator projects may qualify when they meet state loan criteria.
Eligibility
Texas product development companies and small business incubators with eligible projects and sufficient collateral or repayment capacity.
Requirements
- Contact the Office of the Governor program staff for current availability
- Provide business plan, product or incubator plan, financial statements, collateral, and use-of-funds documentation
- Meet underwriting, asset-backed loan, reporting, and repayment requirements