Texas Enterprise Fund (TEF)
The Texas Enterprise Fund offers performance-based grants to companies creating significant jobs and capital investment in Texas when competing with out-of-state locations.
Funder: Government of Texas
Due Dates: Rolling
Funding Amounts: Cash grants; award size varies by project, typically >$25,000; no explicit upper cap
Summary: Performance-based cash grants to incentivize major job creation and capital investment in Texas when competing with out-of-state locations.
Key Information: Only projects with significant job creation and capital investment, and active interstate competition, are eligible.
Description
The Texas Enterprise Fund (TEF) is a performance-based cash grant program administered by the Office of the Governor, State of Texas. Its primary purpose is to provide financial incentives to companies considering new projects—such as facility openings or expansions—that will result in substantial job creation and capital investment in Texas. To qualify, a Texas location must be in active competition with at least one viable out-of-state site. The TEF is designed to strengthen Texas' position as a destination for large-scale business investments.
