The Economic Development Bank is Texas' newest tool to promote job creation in the Lone Star State. Created by the 78th Legislature in 2003, the Bank provides incentives to businesses wishing to relocate or expand in Texas, as well as assist local communities in accessing capital for economic development.

Development Programs: Targeted for "Early Stage" Businesses, Development Programs include:

Small Business Assistance    

Product Development Fund and Small Business Incubator Fund

Finance Programs: Targeted for "Growth Stage" Businesses, Finance Programs include:

Texas Leverage Fund  

Industrial Revenue Bond Program    

Texas Industry Development Loan Program  

Capital Access Program   

Linked Deposit

Enterprise Programs: Targeted Incentives for "Mature" Businesses, Development Programs include:

Texas Enterprise Zone Program     

Defense Economic Readjustment Zone Program        

Federal Enterprise Zone / Renewal Community Program

For more information on the Economic Development Bank, please call (512) 936-0100.