Business Incentives
About
Austin Economic Development offers a range of business incentives designed to attract, retain, and support businesses that contribute to the city's economic growth and community well-being. These incentives aim to foster a thriving business environment, create quality jobs, and stimulate investment in key sectors.
Interested in learning more about Austin Business Incentives?
Submit an Incentive InquiryOur Programs
Available opportunities offered by the City of Austin to support the development and growth of your business.
The Business Expansion Program is an employment growth program for local, domestic or international businesses seeking to grow or relocate to Austin.
The Place-Based Enhancement Program (PBEP) is a real estate development program aimed at providing commercial affordability relief focused on our local small businesses, legacy businesses, nonprofits, cooperatives, and those in the creative sector.
The Creative Content Incentive Program (CCIP) encourages the location and growth of qualifying film, television, and gaming productions in Austin.
The Business Expansion Program is an employment growth program for local, domestic or international businesses seeking to grow or relocate to Austin.
The Place-Based Enhancement Program (PBEP) is a real estate development program aimed at providing commercial affordability relief focused on our local small businesses, legacy businesses, nonprofits, cooperatives, and those in the creative sector.
The Creative Content Incentive Program (CCIP) encourages the location and growth of qualifying film, television, and gaming productions in Austin.
Guides all policies and programs to achieve goals identified by community and city leadership.
Guides all policies and programs to achieve goals identified by community and city leadership.
Outlines public-private partnerships to strengthen our economy and build resilience
State and Federal Programs
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.
The Texas Enterprise Zone Program (EZP) is a state sales and use tax refund program designed to encourage private investment and job creation in economically distressed areas of the state.
The Texas Jobs, Energy, Technology and Innovation Program (JETI) Act is a new competitive economic incentive program used to attract large, capital-intensive economic development projects, bringing new capital investment and creating new, high-paying jobs in Texas communities.
The law provides the Department of Commerce with $50 billion for a suite of programs to strengthen and revitalize the U.S. position in semiconductor research, development, and manufacturing—while also investing in American workers.
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.
The Texas Enterprise Zone Program (EZP) is a state sales and use tax refund program designed to encourage private investment and job creation in economically distressed areas of the state.
The Texas Jobs, Energy, Technology and Innovation Program (JETI) Act is a new competitive economic incentive program used to attract large, capital-intensive economic development projects, bringing new capital investment and creating new, high-paying jobs in Texas communities.
The law provides the Department of Commerce with $50 billion for a suite of programs to strengthen and revitalize the U.S. position in semiconductor research, development, and manufacturing—while also investing in American workers.
The Event Trust Funds program is comprised of three separate funds—the Events Trust Fund, Major Events Reimbursement Program, and Motor Sports Racing Trust Fund—targeted at attracting various types of events to the State of Texas.
Economic Development and Diversification In-State Tuition for Employees is a program that allows employees—and those employees’ family members—of a qualified business considering a relocation or expansion of its operations in the State of Texas to pay in-state tuition rates at public institutions of higher education in the state without first establishing residency.
The Texas Semiconductor Innovation Fund (TSIF) will provide grants to state entities and institutions of higher education for semiconductor manufacturing and design projects; and award grants to business entities with an established presence within the state of Texas to encourage economic development related to semiconductor manufacturing and design.
Approved Incentive Projects
Business Expansion Program, Place-Based Enhancement Program
- Compliance Reports: Basic Information Data Set
- Texas Code, Chapter 380: All Executed Agreements and Ordinances
- Texas Code, Chapter 380: Payments & Compliance Dataset
- Texas Code, Chapter 380: Payments & Compliance Reports
Family Business Loan Program
The Family Business Loan Program is a public-private partnership between the City of Austin, HUD, and participating private lenders to offer low-interest loans to qualified small businesses that are expanding and creating jobs.
- Economic Development Compliance: Family Business Loans
Media Production and Development Zone Nominations
This data set details approved nominations for the Media Production & Development Zone Program, administered by the Texas Film Commission.