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Defense Innovation Fund is sponsored by Round Rock Chamber. The Defense Innovation Fund is a grant program by the Round Rock Chamber to spur and accelerate the growth of defense innovation-focused companies at various levels of revenue and funding stages during the startup lifecycle.
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Defense Innovation Fund | Round Rock Round Rock Defense Innovation Fund What is the Defense Innovation Fund? The Defense Innovation Fund (DIF) is a grant program by the Round Rock Chamber to spur and accelerate the growth of defense innovation-focused companies at various levels of revenue and funding stages during the startup lifecycle.
It’s designed to grow with the company as it scales, supplementing growth during the timeliest need in the startup lifecycle. DIF grants range from $10-50K and will be awarded through an application process and on a case-by-case basis. Who should apply?
Startups with a focus on defense innovation interested in having operations in Round Rock. Companies will be evaluated by a team of industry experts to determine grant amounts. What are the requirements?
Companies must be within the defense innovation sector and retain HQ/significant operations in Round Rock for a minimum of 3 years; must commit to bring new operations or grow existing operations in Round Rock; and must complete an annual performance survey with the Chamber. If you meet the requirements listed above, fill out your application today! We’re excited to support the next wave of defense innovators here in Round Rock.
200+ employees at The U.S. Army Transformation and Training Command's Resource Operations Center in Round Rock 50 miles from Fort Hood, largest active duty armored post in the U.S. 3,000 Total Aerospace, Aviation, and Defense workers in the Greater Austin Metro 159,000 Veterans in the area with security clearance 3,400 Annual Military Exits from military bases in the seven counties surrounding Round Rock 30K Annual Graduates from area two-and four-year educational institutions Round Rock and the State of Texas offer a variety of economic incentives for aerospace and defense companies considering a relocation or expansion into the market.
Incentives are performance-based and tied to job creation, capital investment and average wages, among other factors. When polled about community strengths, Round Rock-area businesses ranked city/community leadership, business environment, and quality of life at the top of their list with high marks.
Texas also imposes no corporate or individual income tax, allowing companies to grow their bottom line while employees enjoy a high-value quality of life. The City of Round Rock offers property tax abatements for new business construction and existing industry expansions. Grants are available through the Skills Development Fund for employer-customized workforce training programs in partnership with a local Texas community college.
Sales & Use Tax Exemption Companies in Texas performing qualified research or manufacturing activities may qualify for a sales and use tax exemption. Defense Industry Ecosystem in greater Round Rock Vice President of Economic Development
According to the current listing, eligibility includes: Startups with a focus on defense innovation interested in having operations in Round Rock, Texas. Confirm the full requirements in the official notice before applying.
The current listing shows $10,000 - $50,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Defense Innovation Fund is funded by Round Rock Chamber. 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.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
Defense Innovation Fund (DIF) - Round Rock Chamber is sponsored by Round Rock Chamber. This grant program spurs and accelerates the growth of defense innovation-focused companies at various levels of revenue and funding stages. It is designed to grow with the company as it scales, supplementing growth during the timeliest need in the startup lifecycle.
Round Rock Defense Innovation Fund (DIF) is sponsored by Round Rock Chamber. The Defense Innovation Fund (DIF) is a grant program by the Round Rock Chamber to accelerate the growth of defense innovation-focused companies. It provides grants ranging from $10,000 to $50,000 through an application process and on a case-by-case basis.
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