Austin Economic Development

News

A formula one car sits on the race track
Formula 1 Puts Austin on the World Stage While Driving Local Economic Opportunity

Following another Formula 1 United States Grand Prix weekend at Circuit of The Americas, Austin Economic Development is highlighting the broader impact a world-class international event can have across the local economy, from hotels and restaurants.

Council Greenlights Incentives to Sustain Legacy Austin Businesses

City-backed investment to support cultural preservation, childcare, and creative space

City Invites Community Input on Economic Development Policy

Online survey open October 16, with community sessions planned for January and February 2027

businesses lining the east side of south first street with downtown Austin in the background
Expanding Access to Capital for Austin Small Businesses

Suite of support to include City loan matching, interest loan buydowns, and a pitch competition with UT Austin

City Names Michael “Mac” Cummins Director of Austin Economic Development

City Names Michael “Mac” Cummins Director of Austin Economic Development

Pickle Envy and City of Austin staff hold giant check
City of Austin announces winner of 2026 Circular Austin Showcase; Pickle Envy wins $10,000 cash prize

The City of Austin announces Pickle Envy as the winner of the 2026 Circular Austin Showcase, a pitch competition for local circular businesses focused on reuse and zero waste.

4-side rendering of 8 feet tall digital kiosks
City Council Approves Digital Kiosks to Enhance Navigation and Support Local Businesses

Zero-cost, community-focused initiative with enhanced public information, small business visibility, and strong privacy safeguards.

a large oak tree with picnic tables and a playscape
Place-Based Relief Approved for Austin Community Organizations

Austin City Council has authorized an economic preservation agreement with The Vortex through the Place-Based Enhancement Program.

Women talking to children
Thousands of Students Explore Careers at 13th Annual Youth Career Fest

The 13th Annual Youth Career Fest, hosted by Austin Economic Development and the Austin Youth Council, brought energy, inspiration, and opportunity to Austin-area students on Wednesday, January 28 at the Palmer Events Center.