Tom Green County is the economic center of the Concho Valley region, home to San Angelo. The county combines a strong local economy with access to state and federal programs that support business growth and job creation.
This guide covers the business grant programs, tax incentives, and economic development resources available to Tom Green County businesses at the city, county, state, and federal level.
Local Programs in Tom Green County
City Economic Development
Cities in Tom Green County operate economic development programs that may include:
- Chapter 380 Agreements: Economic development agreements tied to job creation and capital investment. Chapter 380 guide.
- Property Tax Abatements: Available for qualifying businesses making significant investments in the community. Property tax abatement guide.
- Small Business Programs: Local grants, facade improvement programs, and other incentives for small businesses in downtown or target areas.
County and Regional Resources
Tom Green County businesses access workforce programs through Workforce Solutions Concho Valley:
- Skills Development Fund: Customized training grants through partnerships with Howard College San Angelo and Angelo State University. Skills Development Fund guide.
- On-the-Job Training: Wage reimbursement for training new employees during defined training periods.
- Work Opportunity Tax Credit: Federal tax credits for hiring from targeted populations. WOTC guide.
State Programs for Tom Green County
- Texas Enterprise Fund: Deal-closing fund for businesses creating jobs. Enterprise Fund guide.
- Texas HUB Certification: Free state procurement preferences for qualifying businesses. HUB program guide.
- TSBCI Programs: State-backed lending programs through participating financial institutions.
- State Trade Expansion Program: Export assistance for businesses selling internationally.
Federal Programs for Tom Green County
- SBA Programs: SBA 7(a), 504, and microloan programs through approved lenders. SBA 7(a) guide.
- SBIR/STTR: Innovation grants for businesses conducting research and development. SBIR grants guide.
- USDA Programs: Rural portions of Tom Green County may be eligible for USDA rural business programs. USDA rural business grants guide.
- HUBZone: Some census tracts in Tom Green County may be designated HUBZones.
Key Industries in Tom Green County
Tom Green County's primary industries include agriculture, ranching, military (Goodfellow AFB), healthcare, and manufacturing. Businesses in these sectors may be eligible for industry-specific programs including sector-based training grants, equipment incentives, and specialized tax credits.
How to Get Started
- Contact your city's EDC: Local economic development offices can explain available incentives.
- Visit your nearest SBDC: Free business counseling and program identification. Find your SBDC.
- Apply for Texas HUB: Free certification through the Comptroller.
- Contact Workforce Solutions Concho Valley: Training grants and hiring incentives.
Find Programs That May Fit Your Business
Tom Green County businesses can access programs from their city, the county, regional workforce boards, the state, and federal agencies. Keeping track of every available program is difficult when you are running a business.
Not sure which programs may fit your business? Our free screening report checks your business against 150+ verified programs — grants, tax credits, loans, and incentives — and shows you which ones may match. Start your free screening →