State grantTexas

Texas Enterprise Fund (TEF)

Offered by Texas Office of the Governor

Found automatically on gov.texas.gov/business/page/texas-enterprise-fund. Check details with the funder before applying.

Who can apply
Companies planning a new project with significant job creation and capital investment competing with out-of-state sites.
How much
Amount not listed
By when
RollingApply anytimeRolling application period; eligible companies may submit a complete application via the TEF Portal at any time.
Apply on the agency’s site

Checked Oct 19, 2026

About this grant

The Texas Enterprise Fund awards "deal-closing" cash 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 companies whose projects would contribute significant capital investment and new employment opportunities to the state's economy.

Eligibility details

  • Notes: Companies planning a new project (facility opening or expansion) with significant projected job creation and capital investment, where a single Texas site is actively competing with at least one viable out-of-state option and no location decision has been made. Projected new job creation must exceed 75 full-time jobs (urban areas) or 25 full-time jobs (rural areas); average wage for new jobs must meet or exceed the average county wage; significant planned capital investment required; project must be supported by local city, county, and/or school district incentives; company must be well-established, financially sound, and operate in an advanced industry.
Small Business

Topics

Small BusinessWorkforce & Employment

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