If your Texas business has been operating for five years, you are in a strong position to access the full range of federal, state, and local incentive programs. Five years of operating history, financial records, and tax returns satisfy the track-record requirements of virtually every business program in Texas. At this stage, the most relevant opportunities typically shift from startup-focused programs to expansion grants, larger loan products, government contracting certifications, and export assistance.
Expansion-Focused Federal Programs
SBA 504 Loans
With five years of operating history and demonstrated cash flow, your business is well-positioned for SBA 504 loans. These provide below-market fixed-rate financing for purchasing commercial real estate, major equipment, and building improvements. Loan amounts can reach $5.5 million with as little as 10% down. Learn about SBA 504 loans.
Government Contracting Certifications
Five years of revenue history meets the requirements for 8(a) certification, HUBZone, WOSB, and SDVOSB programs. Federal contracting can become a significant revenue stream for established businesses. How to apply for 8(a) certification.
STEP Export Grants
If your business has not yet explored international markets, the State Trade Expansion Program provides matching grants for export activities including trade shows, translation services, website localization, and compliance costs. Texas export grants.
R&D Tax Credit
Businesses with five years of qualifying R&D expenditures can calculate and claim the federal R&D tax credit. The credit can offset both income taxes and, for qualifying small businesses, payroll taxes. R&D tax credit for software companies.
State Programs for Growth
Texas Enterprise Fund
Established businesses planning major expansions, facility investments, or headquarters relocations may qualify for TEF deal-closing grants. The program requires significant job creation commitments and capital investment.
Skills Development Fund
Five-year businesses expanding their workforce can access training grants to subsidize new employee training and upskill existing workers. How to apply for Skills Development Fund.
Texas HUB Certification
Established businesses owned by women, minorities, or service-disabled veterans should consider HUB certification if they have not already obtained it. Five years of history strengthens the certification application. Learn about HUB certification.
Local Growth Incentives
Chapter 380/381 Agreements
Established businesses expanding into new facilities or significantly increasing employment may negotiate Chapter 380 agreements with Texas cities, providing property tax abatements, sales tax sharing, or direct incentive payments.
Second Location Incentives
If you are considering opening a second location, multiple Texas cities actively compete for established businesses. Economic development offices can assemble incentive packages including infrastructure support, workforce development, and tax benefits. Grants for opening a second location.
Find Programs That May Fit Your Business
With five years of history, you qualify for nearly every program available. The challenge is identifying which ones match your specific growth plans. Our free screening report checks your business against 150+ verified programs and shows you which ones may match. Start your free screening →