Austin's Business Expansion Program is a pay-for-performance Chapter 380 incentive that provides up to $3,000 per qualifying job created, along with property tax reimbursement for qualifying expansions. This performance-based structure means businesses only receive incentives after meeting their job creation and investment commitments, reducing risk for the city while providing meaningful support for growing companies.
The Creative Content Incentive Program positions Austin as a competitive destination for film, television, and gaming production. With grants of up to $150,000 per qualifying project, the program provides direct financial support for productions with significant local spend. This complements the state-level Texas Moving Image Industry Incentive Program and reinforces Austin's identity as a creative industry hub.
Austin's Place-Based Enhancement Program (PBEP) takes a different approach by targeting incentives to specific neighborhoods facing commercial displacement pressures. The program uses Chapter 380 agreements to support businesses operating in designated areas, helping preserve economic diversity in rapidly developing parts of the city.
As the state capital, Austin businesses are well-positioned to access the full range of Texas state programs, including the Texas Enterprise Fund, Skills Development Fund, and state export assistance. The city's strong technology sector also makes Austin businesses competitive candidates for federal SBIR/STTR research grants and R&D tax credits.