Back to Grants
TX
Texas Enterprise Fund (TEF)
Deal-closing cash grants for companies considering a Texas project that is competing with at least one out-of-state location. Performance-based grants tied to job creation and capital investment.
About this program
Largest deal-closing fund of its kind in the nation. Awards calculated on average wages and job creation. Final approval requires unanimous consent from Governor, Lt. Governor, and House Speaker. Grants of $1M+ require Disclosure of Interested Parties.
Eligibility
Companies planning new facility opening or expansion with significant projected job creation (75+ urban, 25+ rural). Texas site must be in active competition with at least one out-of-state site. Wages must meet or exceed county average. Must have local government support.
Funding Categories
Economic Development