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State of Texas Incentives
OverviewTexas Wide Open For Business
The State of Texas has a number of incentives to assist in business development and expansion throughout the Texas. These programs are offered through the Texas Economic Development and Tourism Division of the Office of the Governor.

For more information on incentives available to businesses and developers in Texas, please contact the North Richland Hills Economic Development at 817-427-6090 or the Texas Economic Development and Tourism Office at 512-463-2000.

Texas Enterprise Zone Program

The Texas Enterprise Zone Program is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the state. Local communities must nominate a company as an Enterprise Project to be eligible to participate in the Enterprise Zone Program. Designated projects are eligible to apply for state sales and use tax refunds on qualified expenditures.

Texas Small Business Fund
The Texas Small Business Fund provides financing to foster and stimulate the development of small businesses in Texas. Preference for funding will be given to the state’s defined industry clusters within emerging technology fields including semiconductors; nanotechnology; biotechnology and biomedicine; renewable energy; agriculture and aerospace.

Product Development Fund
The Texas Product Development Fund provides financing to aid in the development, production and commercialization of new or improved products within the state. Products appropriate for the Fund are inventions, devices, techniques, or processes that have advanced beyond the theoretical stage and are ready for immediate commercial application.