The Texas Panhandle, centered around Amarillo and stretching across the northern plains, is a region with deep ties to agriculture, energy, meatpacking, and logistics. Businesses in the Panhandle may be eligible for agricultural programs, rural development funding, energy incentives, and workforce training grants that reflect the region's economic base.
This guide covers the most relevant grants, loans, tax credits, and incentive programs for Texas Panhandle business owners.
Agricultural Programs
USDA Programs
The Panhandle is one of the most agriculturally productive regions in Texas. Farmers, ranchers, and agricultural businesses may access:
- EQIP: Conservation cost-share for irrigation efficiency, soil health, and rangeland management.
- FSA Farm Loans: Operating, ownership, and emergency loans for agricultural operations.
- Value-Added Producer Grants: For producers adding processing, marketing, or agritourism to their operations.
- REAP: Energy efficiency and renewable energy grants for rural agricultural businesses.
Texas Department of Agriculture
TDA administers the GO TEXAN program for marketing Texas-produced agricultural products and provides Young Farmer Grant support for beginning agricultural producers.
Energy Programs
Wind Energy Incentives
The Panhandle is one of the strongest wind energy regions in the country. Businesses involved in wind energy may access federal Production Tax Credits, Investment Tax Credits, and USDA REAP grants for renewable energy installations.
TCEQ Emissions Programs
Trucking, agricultural equipment, and industrial operations may qualify for TERP grants to replace older diesel equipment.
SBA and Lending Programs
The SBA Lubbock District Office serves the Panhandle. Businesses can access 7(a) loans, 504 loans, and Microloans through regional lenders and CDFIs.
Local Resources
- Amarillo EDC: Incentive packages for businesses relocating or expanding, with emphasis on food processing and logistics.
- Amarillo College SBDC: Free business consulting for Panhandle businesses.
- WTAMU SBDC: West Texas A&M University SBDC providing specialized assistance.
- Panhandle Regional Planning Commission: Regional coordination and economic development resources.
Workforce Programs
Skills Development Fund
The TWC partners with Amarillo College and West Texas A&M to provide customized training grants. Meatpacking, manufacturing, healthcare, and energy employers can access training funds.
WOTC
Panhandle employers hiring from WOTC-eligible target groups can claim federal tax credits of $2,400 to $9,600 per qualifying hire.
Steps for Panhandle Business Owners
- Check USDA programs: Agricultural and rural businesses should explore the full range of USDA offerings.
- Contact the Amarillo SBDC: Free consulting for program identification and application support.
- Explore Enterprise Zone: Check whether your location carries a designation for sales tax refunds.
- Review energy programs: Wind and renewable energy businesses should evaluate federal tax credits.
- Talk to the Amarillo EDC: Local incentive packages for qualifying businesses.
Find Programs That May Fit Your Business
Panhandle businesses may access agricultural, energy, rural, and general Texas programs. Our screening report matches your business against all applicable programs. Start your free screening →