Fort Worth's healthcare sector is growing rapidly, supported by major hospital systems, a expanding population, and increasing demand for medical services across Tarrant County. Healthcare business owners in Fort Worth — from medical practices to home health agencies to medical device companies — may be eligible for workforce training grants, SBA financing, tax credits, and certification programs that support business growth.
This guide covers the most relevant programs for healthcare businesses in the Fort Worth metro area.
Skills Development Fund for Healthcare
Healthcare employers in Fort Worth can partner with Tarrant County College to access Skills Development Fund grants for customized workforce training. The healthcare sector is one of the highest-priority areas for SDF funding. Programs can cover nursing training, medical coding, clinical technology, patient care certification, and management development. Skills Development Fund for healthcare guide.
WOTC Hiring Credits
Healthcare employers that hire from WOTC target populations can claim federal tax credits of $2,400 to $9,600 per qualifying hire. Healthcare facilities with significant hiring volume can accumulate substantial WOTC credit benefits over the course of a year.
SBA 504 Loans for Facilities
Healthcare businesses purchasing or building medical facilities can access SBA 504 loans with below-market fixed interest rates, 10% down payments, and terms up to 25 years. This is particularly valuable for medical practices, clinics, and specialty care facilities making significant real estate investments in the Fort Worth area.
SBIR/STTR for Health Technology
Fort Worth healthcare companies developing medical devices, health IT, diagnostic tools, or therapeutic products can apply for SBIR and STTR grants from NIH, DoD, and VA. Phase I awards provide $50,000 to $275,000 for feasibility research.
Texas HUB Certification
Healthcare businesses owned by women, minorities, or service-disabled veterans can obtain HUB certification for procurement preferences on state healthcare contracts, including managed care subcontracting, medical supplies, and professional services.
Tarrant County Programs
Tarrant County economic development programs may provide incentives for healthcare businesses making capital investments and creating jobs. County-level workforce programs complement state resources for healthcare employer needs.
Section 179 for Medical Equipment
Medical practices and healthcare facilities can immediately expense qualifying medical equipment purchases under Section 179. Diagnostic equipment, treatment devices, imaging equipment, and practice management technology may all qualify for first-year expensing.
R&D Tax Credit
Healthcare businesses conducting clinical research, developing new treatment protocols, or creating medical devices may qualify for the federal R&D tax credit. The credit provides a dollar-for-dollar reduction in tax liability for qualifying research expenditures.
Find Programs That May Fit Your Healthcare Business
Fort Worth healthcare businesses can combine workforce training grants, WOTC hiring credits, SBA facility financing, and equipment deductions to support growth in one of the region's fastest-growing sectors.
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