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Program operates on a rolling application basis with no specific deadline listed. Applications go through an 11-step due diligence process.
Texas Enterprise Fund (TEF) is a grant from the Texas Economic Development & Tourism Office, Office of the Governor that funds private sector companies with qualifying projects where a Texas site is competing with out-of-state locations. TEF provides performance-based deal-closing cash grants calculated using a uniform model based on average wages and projected job creation.
Companies must plan a facility opening or expansion that creates more than 75 full-time jobs in urban areas or 25 in rural areas, with significant capital investment. The project must not have reached a final location decision, and must have support from local city, county, or school district governments.
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The Texas Enterprise Fund (TEF) awards “deal-closing” grants to companies considering a new project for which one Texas site is competing with other out-of-state sites. The fund serves as a performance-based financial incentive for those companies whose projects would contribute significant capital investment and new employment opportunities to the state’s economy.
Companies planning a new project including a facility opening or expansion, with significant projected job creation and capital investment, where a single site in Texas is actively competing with at least one viable out-of-state option. It's now easier to apply! Submit your application through the new TEF Portal.
“Deal-closing” cash grants are calculated according to a uniform analytical model for each applicant. Award amounts are calculated on the average wage of new employees, taking into account the expected hiring timeline and number of jobs created, with per-employee award amounts subject to adjustment based on the company’s total proposed capital investment.
The single Texas site being considered for the project must be in active competition with at least one out-of-state site and the company must not have made a location decision. Actions signifying the company has already made a location decision include, but are not limited to—signing a lease, purchasing land, hiring employees and/or making a location announcement.
Projected new job creation must exceed 75 full-time jobs (urban areas) or 25 full-time jobs (rural areas). The total average wage for new jobs must meet or exceed the average county wage for the county in which the project would be located during the full term of the grant agreement. The company must demonstrate significant levels of planned capital investment, as determined by the Governor’s Office.
The project must be supported by the city, county and/or school district in which the project would be located, particularly in the form of local economic incentive offers. The company must be well-established and financially sound. The company must operate in an advanced industry which affords it other feasible location options nationally and/or internationally.
If and when approved for a TEF grant and upon acceptance of such grant, all TEF awardees must sign a grant contract with the state which legally obligates the company to fulfill, among other things, projected job creation and average wage commitments. No TEF funds are disbursed until after grantees sign a grant contact and meet their respective job and wage targets for each individual period (typically annually).
Grantees are required to maintain these job and wage figures throughout the term of the contract. In the event a grantee fails to do so or fails to meet other terms of the grant contract, certain contract provisions allow the Governor’s Office to demand repayment of previously disbursed grant funds in the form of clawbacks.
Each TEF grantee will also participate in a press release with the Governor’s Office announcing the project and the TEF award amount. With a rolling application period, eligible companies must submit a complete application via the portal to be considered for a TEF grant. TEF applicants undergo a thorough 11-step due diligence screening process.
Areas of focus include project competitiveness, corporate activity, financial standing, tax status, legal issues, credit ratings, estimated economic impact and the business climates of competing locations. The Governor, Lieutenant Governor and Speaker of the House review all applications and must unanimously agree to support the use of TEF for each applicant. TEF Legislative Report, 2025
Based on current listing details, eligibility includes: Companies planning a new facility or expansion with significant job creation (75+ urban or 25+ rural full-time positions), competing with at least one viable out-of-state location, with local government support and operation in an advanced industry. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Calculated based on projected job creation and capital investment Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
Product Development and Small Business Incubator Fund (PDSBI) is a grant from the Texas Economic Development & Tourism Office, Office of the Governor that funds product development companies and small business incubators and accelerators located in Texas through long-term, asset-backed loans. The program finances the development and production of new or improved products and stimulates growth of new or existing small businesses. It targets businesses that are unable to obtain financing or suitable terms in traditional capital markets. Eligible applicants include product development companies and incubators or accelerators operating in Texas with at least three years of operating history.
Texas Capital Fund Infrastructure Program is a grant from the Texas Economic Development & Tourism Office, Office of the Governor that funds public infrastructure projects in non-entitlement Texas communities that support business job creation and retention. Eligible activities include water, wastewater, street, drainage, and other public infrastructure improvements directly tied to a business creating or retaining permanent jobs, primarily for low- and moderate-income persons. Awards range from $50,000 to $750,000. Eligible applicants are non-entitlement communities — cities under 50,000 population and counties without direct HUD CDBG entitlement funding — that partner with a qualifying business.
Manufacturing Grants (Jeff Lawrence Innovation Fund) is sponsored by FuzeHub (New York State). These grants, part of the Jeff Lawrence Innovation Fund, encourage collaboration between not-for-profit organizations and small to medium-sized manufacturing companies in New York State. Project categories include adoption of new technology to enhance a process and/or product, prototype development, design for manufacturing, proof-of-concept manufacturing, certain equipment purchases, and manufacturing scale-up.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.