Irving occupies a strategic position in the heart of the Dallas-Fort Worth metroplex, home to the Las Colinas urban center and DFW International Airport. Major corporations including ExxonMobil, Kimberly-Clark, and Celanese are headquartered here. Irving's central location, diverse economy, and strong international business community make it one of the most dynamic business environments in Texas.
Irving Economic Development Programs
Irving Economic Development Partnership
The Irving Economic Development Partnership works with the Greater Irving-Las Colinas Chamber to attract, retain, and expand businesses. Irving offers Chapter 380 economic development agreements that may include property tax abatements, sales tax sharing, and infrastructure support for businesses creating jobs or making significant capital investments.
Las Colinas Urban Center
Las Colinas is one of the largest mixed-use developments in the southwestern United States. Businesses locating in Las Colinas benefit from a Tax Increment Financing district, DART light rail access, and proximity to DFW Airport. The TIF district has funded infrastructure improvements that benefit businesses in the corridor.
Irving Foreign Trade Zone
Irving hosts Foreign Trade Zone operations near DFW Airport. Businesses engaged in international trade can defer, reduce, or eliminate customs duties on imported goods through the FTZ program, providing significant cost savings for manufacturers and distributors.
Dallas County Resources
Irving businesses in Dallas County can access Workforce Solutions Greater Dallas employer programs, county property tax abatement agreements, and regional transportation infrastructure funded through NCTCOG planning grants.
Key Industries in Irving
Corporate Headquarters
Irving hosts Fortune 500 headquarters and major corporate campuses. Companies relocating or expanding headquarters operations can access the Texas Enterprise Fund, Chapter 380 agreements, and property tax abatements through the city and county.
Aviation and Logistics
DFW Airport drives a major aviation, logistics, and distribution economy. Businesses in these sectors can access the Freeport property tax exemption, Foreign Trade Zone benefits, workforce training grants, and SBA lending for equipment and facility expansion.
International Business
Irving has one of the most diverse populations in Texas, making it a hub for international business. Export-oriented businesses can access STEP grants through the Texas Governor's Office, SBA export lending, and U.S. Commercial Service trade programs.
State Programs for Irving 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
Irving 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 →