Round Rock is one of the fastest-growing cities in Texas, anchored by major employers like Dell Technologies and a thriving small business community. Located in Williamson County just north of Austin, Round Rock businesses benefit from a strong local economy, proximity to the state capital, and access to both local and regional incentive programs.
Round Rock Economic Development Programs
Round Rock Chamber of Commerce
The Round Rock Chamber partners with the city on economic development initiatives. Programs include business retention and expansion support, workforce development connections, and introductions to local and state incentive programs. The Chamber can help businesses navigate available resources and connect with the right agencies.
City of Round Rock Incentives
Round Rock offers Chapter 380 economic development agreements for businesses creating significant jobs or capital investment. These performance-based agreements may include property tax abatements, fee waivers, and infrastructure support. The city has used these agreements to attract technology, manufacturing, and logistics companies.
Round Rock Enterprise Zone
Businesses operating in designated Enterprise Zones within Round Rock may qualify for state sales and use tax refunds through the Texas Enterprise Zone Program. Refunds can reach up to $2,500 per job created for qualifying businesses.
Williamson County Resources
Williamson County is one of the wealthiest and fastest-growing counties in Texas. The county supports business development through Workforce Solutions Rural Capital Area, which connects employers with training programs, hiring incentives, and labor market data. Williamson County also participates in property tax abatement agreements for qualifying projects.
Key Industries in Round Rock
Technology
Dell Technologies' global headquarters is in Round Rock, and the city has a growing technology ecosystem. Tech businesses can access R&D tax credits, SBIR/STTR grants, CPRIT product development awards for biotech ventures, and workforce training grants through the Skills Development Fund at Austin Community College.
Healthcare
Round Rock has a growing healthcare sector with Baylor Scott & White Medical Center and multiple specialty providers. Healthcare businesses may qualify for HRSA grants, workforce training programs, and SBA lending for facility expansion and equipment.
Retail and Hospitality
Round Rock Premium Outlets and the city's growing hospitality sector support a strong retail economy. Retail and hospitality businesses can access workforce training grants, hiring tax credits through WOTC, and SBA lending programs.
State Programs for Round Rock 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
Round Rock 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 →