Incentives

Richardson's incentives are offered on a case-by-case basis. In some cases for a large capital intensive project, county and school district incentives could also apply.

Local Incentives

• Express Permitting Program
• Fee Waivers
• Freeport Exemptions
• General Incentive Application
• Infrastructure Participation
• No Impact Fees
• Research Award Match Program (RAMP) - New Pilot Program
• Tax Abatement
• Tax Increment Financing Zones

State Incentives

The State of Texas offers several incentive programs to assist new and existing businesses. Incentives are administered through the governor’s Economic Development office or the Texas Workforce Commission.

For companies considering a location here, the REDD will assist with - and leverage - the best state incentive options available.

Here are incentives offered by the State of Texas:

• Texas Enterprise Fund (Deal closing fund - major projects relocating to Texas)
• Skills Development Fund (Job training funds)