Why Greater Brazos

Competitive Incentives

Competitive Incentives

Fueling Business Growth with Strategic Programs

The Greater Brazos Region offers an aggressive business incentive program to attract qualified new employers and encourage the expansion of existing employers. Eligibility requirements vary by program and include specific criteria such as capital investment thresholds, job creation, wage requirements, and training program development. Incentives differ between projects, and the Greater Brazos Partnership (GBP) serves as the primary point of contact to facilitate these discussions and applications.

Incentive Programs

Local, State, and Federal Support

Local Incentive Programs

  • Property Tax Abatements and Rebates
  • Development Fee Waivers
  • Fast Track Permitting
  • Infrastructure Participation
  • Freeport and Goods in Transit Exemptions

State Incentive Programs

  • Texas Enterprise Fund
  • State Sales and Use Tax Exemptions
  • Skills Development Fund and In-State Tuition
  • R&D Tax Credits
  • Expedited Permitting
  • Jobs, Energy, Technology, and Innovation (JETI)
  • Texas CHIPS Act

Federal Incentive Programs

  • Opportunity Zone
  • EB-5 Investor Visa Target Employment Area
  • Foreign Trade Zone (FTZ 84)
  • New Market Tax Credits
  • USDA OneRD Guaranteed Loan

Get Started

Leverage Incentives to Grow Your Business

Ready to tap into these competitive incentives? Contact the Greater Brazos Partnership for personalized assistance in navigating the incentive programs. We’re here to help you access the full potential of local, state, and federal support.

Contact Us

FOCUS SECTORS

Aerospace and Defense