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Business Incentive Grant (BIG) Program is sponsored by Texas City Economic Development Corporation (TCEDC). The Economic Development Corporation provides matching grants for qualified business improvements. This program, authorized by Chapter 380 of the Local Government Code, aims to promote economic development by offering incentives to stimulate business and commercial activity.
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Local & State Incentives | Texas City EDC, TX Create a Website Account - Manage notification subscriptions, save form progress and more. Chapter 380 of the Local Government Code authorizes municipalities, like the City of Texas City, to offer incentives designed to promote economic development. This allows the city to provide loans, and grants of city funds at little or no cost, to stimulate business and commercial activity.
Projects will be evaluated on a case-by-case basis. Chapter 381 of the Local Government Code allows Texas counties to provide incentives that encourage economic development in their respective jurisdictions. A county may administer and develop a program to make loans and grants of public money to stimulate business and commercial activity.
The county may also develop and administer a tax abatement agreement. Chapter 312 Tax Abatement Agreements Texas Tax Code Chapter 312, allows the City of Texas City to exempt all or part of the increased tax value of real property and/or tangible personal property for a period not to exceed 10 years.
The Texas City Economic Development Corporation (TCEDC) has the ability to provide your business and project with assistance and resources that are needed. Depending on the needs of the project the TCEDC has a variety of methods that can provide assistance. Foreign Trade Zone (FTZ) Number 199 The City of Texas City operates FTZ Number 199, which has had up to six subzones.
FTZ's are secure areas under U.S. Customs and Border Protection (CBP) supervision. Foreign and domestic merchandise may be moved into zones for storage, assembly, manufacturing, and processing. While in the zone, merchandise is not subject to U.S. duty or excise tax.
Certain tangible personal property is generally exempt from state and local ad valorem taxes. The Texas City Economic Development Corporation will pay for 100% of your new signage for your business. After an agreement is executed, TCEDC will work with you on the design and creation of the signage.
The TCEDC offers assistance with the purchasing of awnings for your business. After an agreement is executed, the TCEDC will pay for 40% of the total cost of the agreed-upon design. 6th Street Paint Assistance If your 6th Street business is in need of paint, the TCEDC will pay for the 100%, and the owner will apply it.
We have a pre-determined color pallet featuring six colors of your choice. Chamber of Commerce Dues Assistance The Economic Development Corporation will provide funding assistance to new or existing businesses to join the Texas City-La Marque Chamber of Commerce for one (1) year, given available funding. Contact staff for eligibility requirements and additional information.
To view the application, click here . Business Incentive Grant (BIG) Program The Economic Development Corporation will provide matching grants of up to $15,000 for qualified business improvements. Contact staff for eligibility requirements and additional information.
To view the application, click here . Texas Enterprise Zone Program The Texas Enterprise Zone Program is a state sales and use tax refund program that is designed to encourage private investment and job creation in economically distressed areas of the state. Texas cities must nominate companies in their jurisdiction to receive an Enterprise Zone designation, thus allowing them to receive refunds for qualified expenditures.
The Skills Development Fund is a Texas Workforce Commission program that provides training opportunities for businesses and workers. This is accomplished through financing the design and implementation of customized job training projects. House Bill 500 allows a company to deduct moving expenses from their apportioned margin while calculating their franchise liability.
Skills for Small Business Small businesses can apply to the Texas Workforce Commission for training offered by their local community college, or the Texas A&M Engineering Extension Service (TEEX). Government Websites by CivicPlus®
According to the current listing, eligibility includes: Qualified businesses in Texas City are eligible. Contact TCEDC staff for specific eligibility requirements. Confirm the full requirements in the official notice before applying.
The current listing shows up to $15,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Business Incentive Grant (BIG) Program is funded by Texas City Economic Development Corporation (TCEDC). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Texas. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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