The Business Expansion Incentive Program is a pay-for-performance program that pays out annually to qualified businesses. The Economic Development Department is identifying and qualifying high-impact projects for local Austin businesses, employers hiring targeted populations, and Businesses relocating to Austin.
Submit an Incentive Inquiry to learn more about available incentives.
Staff will work with you to: determine fit, guide you through the process, and help to answer questions. Your project may be eligible for one or more programs.
Local Austin Business
Growing locally?
Incentive benefits include:
- Up to 3% Wages Reimbursement Per Job / Per Year (max $1,800)
- Up to 50% Property Tax Reimbursement
Eligibility:
- Registered and operational within the City of Austin city limits for at least 12 months
- Creation of at least 5 jobs over 5 years paying at least City of Austin living wage
Targeted Hiring
Hiring employees with barriers?
Incentive benefits include:
- Up to $3,000 Per Target Job / Per Year
- Up to 50% Property Tax Reimbursement
Eligibility:
- Creation of 1 job for targeted populations, or those with barriers to employment
- Pay must be at least City of Austin living wage
Relocating
Moving to Austin?
Incentive benefits include:
- Up to 3% Wages Reimbursement Per Job / Per Year (max $1,800)
- Up to 50% Property Tax Reimbursement
Eligibility:
- No current City of Austin“significant presence” (5 or less Austin employees)
- Creation of at least 75 jobs over 10 years paying at least City of Austin living wage