Companies choosing between Texas and an out-of-state site for a new facility or expansion that creates 25+ (rural) or 75+ (urban) jobs at or above county average wage can apply for performance-based deal-closing cash grants.
Performance-based "deal-closing" cash grants for companies planning a new facility or expansion in Texas when a single Texas site is competing with at least one out-of-state site. Award amounts are calculated from the average wage of new jobs, hiring timeline and number of jobs, adjusted for capital investment; funds are disbursed only after job and wage targets are met. Applications are submitted through the TEF Portal. Amount not published.
Company must not have made a location decision, with the Texas site in active competition with an out-of-state site
Projected new job creation must exceed 75 full-time jobs (urban) or 25 full-time jobs (rural)
Average wage for new jobs must meet or exceed the county average wage
Significant capital investment, local government support, and a well-established, financially sound company in an advanced industry
Topics
Money can be used for
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