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The Texas Enterprise Fund (TEF) is the nation’s largest “deal-closing” fund. Cash grants are awarded to businesses expanding or relocating in the state. For more information, visit the Fund’s website or contact us.
State funds are available to assist with customized job training offered by Collin College’s Center for Workforce and Economic Development. For more information, visit the state’s website.
Companies with fewer than 100 employees can train new workers and upgrade skills of incumbent workers with access to all credit and continuing education courses offered through Collin College. The program offers a grant of up to $1,800 per employee for each new employee being trained and $900 per employee for existing employees that are hired within the previous 12 months. Learn more on the state’s website.
Qualified data centers receive an exemption on state use and sales tax (6%) on hardware and other equipment. Contact us for more information.
Companies engaged in research and development operations can receive a reduction in either their state sales tax or franchise tax via the Texas Research & Development Incentive Program. Contact us for more information.
Businesses relocating to Texas can deduct qualified relocation expenses from their state franchise taxes.
Local Incentives