Growth Grant (McKinney Economic Development Corporation Innovation Fund) is sponsored by McKinney Economic Development Corporation. This grant is for early-stage startups establishing their primary headquarters in McKinney, Texas, to support early growth, key hires, product refinement, and customer acquisition.

Innovation Fund Home – McKinney Economic Development Corporation The Innovation Exchange is a physical and strategic hub designed to support founders.

12 Pillars of Innovation We're Building Now Coming Soon: Our Physical Office Location at District 121 Up to $200,000 nondilutive grants for tech startups The McKinney Innovation Fund Part of the Dallas Fort Worth Metroplex US Founders – Capital to relocate & ramp up local hires Non-US Founders – Capital to expand to the US & resources for a soft landing A City Built for Founders McKinney offers the rare mix of innovation, opportunity, and lifestyle.

Modern spirit. Historic downtown. Expanding airport.

National recognition for quality of life. And once you’re here, you may not want to leave. Are You Eligible for Day-One, Non-Dilutive Capital?

Take 30 seconds to find out if your startup qualifies to apply for funding through the McKinney Innovation Fund. Download the Founder Funding Kit Passed the pre-qual check, but still have questions?

The Founder Funding Kit is your next step toward McKinney’s Innovation Fund — a short, founder-friendly guide packed with everything you need to know: Who qualifies for Innovation Fund grants Details on Growth, Expansion, and Recruitment grants A clear application + funding timeline Best practices for bootstrapping while you wait Resources and perks in McKinney’s startup ecosystem Links, tools, and contacts to move fast It’s a practical playbook designed to help you secure non-dilutive capital and grow smarter.

Download the Founder Funding Kit and take the next step today. We'll email you the FREE kit. Amount of Money McKinney Startups have Raised​ Total Approx Valuation of McKinney Startups​ The MEDC's Innovation Growth Fund has been more than just startup capital.

They create an environment that fosters the founders' success. They do this by creating strategic linkage points between their portfolio companies. A few examples to highlight this would be their Tech Talk initiative brings founders together to discuss the innovations they are driving and the Tech Round Table, which is all about creating a community of people that founders can lean on to talk through their challenges.

Come build with us and the MEDC!!! beyond money, we're building an ecosystem Growth Grant: Early-stage startups building traction. This is the entry-point for most startups.

It offers up to $200,000 in funding to support your early growth if you locate your primary HQ in McKinney . Typically, 50% of the grant is provided upfront and the remaining 50% is performance-based, paid out over a 3-year term as you hit agreed milestones . Use a Growth Grant to make those first key hires, polish your product, and accelerate customer acquisition.

Expansion Grant: Scaling startups (Innovation Fund alumni) with rapid growth. This up to $500,000 grant is for startups that have been in McKinney at least a year and have shown significant growth . Think of this as the “level up” once you’ve made great progress with a Growth Grant.

Expansion Grants are mostly performance-based, meaning disbursements are tied to milestones like job creation or revenue targets . A startup might graduate to an Expansion Grant after ~1 year of strong growth in McKinney. It’s fuel to keep the momentum going (bigger team, bigger customers, etc.) without taking on equity investors.

Recruitment Grant: Later-stage scale-ups relocating to McKinney. This track also offers up to $500,000 for companies that are a bit further along (often 15–50 employees, and substantial revenue or funding) and decide to move their primary HQ to McKinney . The amount is calculated based on the number of local jobs you’ll create and their average salaries .

Performance-based milestones ensure the grant rewards actual job growth. A 3-year HQ commitment is required here as well . Recruitment Grants are our way of attracting established startups to join the McKinney community – bringing jobs and innovation into town.

Meet some of our Innovation Fund Companies we're building something special *WE'VE MOVED* 7300 SH 121 SB Suite 200 McKinney, Texas 75070 (972) 547-7651 | 800-TEX-MCKY | 972-542-0926 Fax