State (TX)GrantTEXAS
Texas Enterprise Fund (TEF) Deal-Closing Grant
Office of the Texas Governor
Max Funding
Up to $1,500,000
Deadline
Rolling
Location
TX State
Program Summary & Scope
The Texas Enterprise Fund serves as a competitive deal-closing financial incentive for commercial projects considering Texas versus out-of-state sites. Grants directly reward high-wage job creation and significant capital investment in Texas.
Key Requirements & Eligibility Criteria
- Requires local government unit approval and financial matching participation
- Contractual performance agreements enforce job creation targets and average wage minimums
- Clawback provisions apply if hiring or capital investment milestones are missed
Eligible Startup Stages
Early StageGrowth / Phase II
Target Industries & Sectors
DefenseTechHardwareCleanTechGeneral Tech