Cedar Park is a rapidly growing city in Williamson County, part of the northwestern Austin metropolitan area. The city has experienced dramatic growth and has worked to build a commercial and employment base to complement its residential development. Cedar Park's location along US-183 and the new toll infrastructure provides strong connectivity to downtown Austin and surrounding business centers.
Cedar Park Economic Development
Cedar Park Economic Development
Cedar Park's economic development team works with the 4A Economic Development Corporation on business attraction and retention. Programs include performance-based incentive agreements, infrastructure support, and workforce development initiatives. The city targets technology, biotech, advanced manufacturing, and corporate offices.
Chapter 380 Agreements
Cedar Park offers Chapter 380 agreements that may include property tax abatements, sales tax sharing, and fee waivers. The US-183 corridor and Bell Boulevard commercial district have been focus areas for economic development incentives.
Williamson County Resources
Williamson County supports business development through Workforce Solutions Rural Capital Area, county property tax abatement programs, and regional infrastructure investments. The county has attracted major employers and maintains a business-friendly regulatory environment.
Key Industries in Cedar Park
Technology and Gaming
Cedar Park has attracted technology companies, including gaming studios and software companies. Tech businesses can access R&D tax credits, SBIR/STTR grants, CPRIT awards for biotech ventures, and workforce training through Austin Community College.
Healthcare
Cedar Park Regional Medical Center and a growing healthcare sector serve the expanding population. Healthcare businesses can access workforce training grants, HRSA programs, and SBA lending for practice expansion.
Retail and Entertainment
The H-E-B Center at Cedar Park and growing retail corridors support the local economy. Retail and entertainment businesses can access SBA lending, WOTC hiring credits, and workforce training programs.
State Programs for Cedar Park Businesses
- Texas Enterprise Fund: Deal-closing grants for major job creation and capital investment projects.
- Skills Development Fund: Workforce training grants through local community colleges and technical institutions.
- Texas HUB Certification: State procurement preferences for historically underutilized businesses. Learn about HUB certification.
- Texas Enterprise Zone Program: State sales tax refunds for businesses creating jobs in designated areas.
Federal Programs
- SBA Loans: 7(a), 504, and microloan programs available through SBA-approved lenders in the region. Learn about SBA 7(a) loans.
- SBIR/STTR: R&D grants for businesses conducting research with commercial potential.
- WOTC: Tax credits of $2,400 to $9,600 per qualifying hire from target groups. Learn about WOTC.
- HUBZone: Federal contracting preferences for businesses in qualifying census tracts.
Find Programs That May Fit Your Business
Cedar Park businesses are often eligible for multiple programs at the local, state, and federal levels simultaneously. Our free screening report checks your business against 150+ verified programs and shows you which ones may match. Start your free screening →