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Texas Enterprise Fund

Texas Enterprise Fund

Funds Texas-based companies that commit to local growth and jobs through regional economic development partnerships.

OpenOffice of the Governor — Economic Development & TourismUnited StatesEligible in Texas
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About

The Texas Enterprise Fund (TEF) is the state's primary deal-closing incentive for large capital investment projects. Administered by the Office of the Governor, the program provides performance-based cash grants to companies that are actively evaluating Texas against at least one competing out-of-state location — the final site decision must not yet be made. Award amounts are not published in adva…

What this grant funds

Capital investment projects with significant job creation in advanced industries by companies actively choosing Texas over a competing out-of-state location.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Timeline

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Last verified: 24 Jul 2026Source: gov.texas.gov