U.S. Small Business Administration’s 504 Loan Program

The Capital Access Program increases access to loans for Texas small- and medium-sized businesses and nonprofits with at least 51% of employees located in the state. Funding must be used for working capital or the purchase, construction or lease of capital assets, including buildings and...

TxCDBG is designed to provide decent housing, suitable living environments and economic opportunities principally for persons of low to moderate income. Eligibility limited to non-entitlement cities and counties with populations under 50,000 and 200,000, respectively.

Foreign Trade Zones are designated areas with special customs procedures. Business activities occur there with foreign items before formal customs entry, offering operational and financial benefits to reducing operating costs associated with a U.S. location. Specifically, both foreign and domestic cargoes can be moved into...

PDSBI provides loans to product development companies and small business incubators/accelerators located in Texas for the development and production of new or improved products or the stimulation of new or existing small businesses.

The City and County of Victoria have established guidelines for the creation of reinvestment zones and granting tax abatements. Manufacturing, research or regional service facilities, distribution centers and other basic industries are eligible to apply. Economic qualifications include an increase to the appraised value of...

TEF awards grants as a financial incentive to companies considering a new project for which one Texas site is competing with other out-of-state sites. The project must involve significant capital investment and develop new job creation to the state’s economy.

Freeports are government-designated areas with decreased taxation on property and goods. The City of Victoria, Victoria County, Victoria Independent School District and Bloomington Independent School District all allow Freeport tax exemption on certain types of tangible personal property (i.e., inventory) from ad valorem (property) taxation...

The Development Corporation Act of 1979 gives cities the ability to finance new and expanded business enterprises in their local communities via economic development corporations (EDC) and adopted sales taxes. The Victoria EDC is Type B, indicating it can fund industrial development projects, job training...