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Texas Wide Open for Business

"Texas continues to garner national attention because of our state's favorable tax climate, tort reform, business-friendly attitude and low cost of doing business."
- Governor Rick Perry 

Financial Resources

Emerging Technology Fund
The Emerging Technology Fund (ETF) was created by the Texas Legislature in 2005 at the urging of Gov. Perry to provide Texas with an unparalleled advantage in the research, development, and commercialization of emerging technologies.

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Texas Enterprise Fund
The Texas Enterprise Fund, the largest "deal-closing" fund of its kind in the nation, continues to attract businesses and jobs to Texas. The TEF can be used for a variety of economic development projects, including infrastructure development, community development, job training programs and business incentives.

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Loan Assistance
The Texas Economic Development Bank provides flexible funding and oversight of finance and tax incentive programs targeting three key audiences: Texas businesses, Texas communities and Texas lending institutions. The Bank's task is to provide globally competitive, cost effective state incentives to expand businesses operating in the state and to businesses relocating to Texas.

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Training Assistance
The states training programs assists businesses and trade unions by financing the design and implementation of customized job training projects. They successfully merges business needs and local customized training opportunities into a winning formula to increase the skills level and wages of the Texas workforce.

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Tax Incentives
The State and Texas local communities offer a variety of tax incentives and innovative solutions for business expanding or relocating in Texas. Some programs include the Enterprise Zone, the Defense Economic Readjustment Zone Program and the Federal Enterprise Zone / Renewal Community Program.

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