Welcome to Robinson, Texas

 

 

 

 

 

 

 

  Economic Development Committee
 

INCENTIVES

Revolving Loan Fund (RLF)
Will finance 1/3 of total project costs; 2/3 of total project cost must be financed from other sources. Minimum RLF amount is $10,000; Maximum RLF amount is $200,000.
Central Texas Certified Development Company
 

Industrial Revenue Bonds
Tax-exempt Industrial Revenue Bonds may be used for manufacturing and industrial projects. Other eligible tax-exempt projects are transportation facilities, including, but not limited to, airports, ports and mass commuting facilities. Tax-exempt bonds have additional federal requirements that must be met. Taxable bonds may be issued for any type of project, provided it is in accordance with state laws that govern the issuance of bonds in Texas.
Texas Department of Commerce-Robinson Economic Development Corporation

Texas Capital Fund Infrastructure Grant Program
Projects must demonstrate feasibility and financial capability to develop the proposed plans that will result in creating and/or retaining jobs primarily for low and moderate income persons.
Texas Department of Commerce

Texas Capital Fund Small Business Incubator Program
Projects must demonstrate the capability to meet either the national objective of aiding in the elimination of slum and blight or creating and/or retaining jobs primarily for low to moderate income persons.
Texas Department of Commerce

Texas Capital Fund Small and/or Minority Business Loan Program
Small and/or minority businesses are eligible.
Texas Department of Commerce

Rural Economic Development Fund
Eligible enterprises include for-profit businesses.
Texas Department of Commerce

Exporters Loan Fund
An eligible Texas Product is a manufactured good or service of which at least 25% is from Texas source components, labor, or intellectual property; and Texas agriculture and livestock.
Texas Department of Commerce

Statewide SBA 604 Loan Program
The program is available to successful small businesses planning an expansion. Eligible businesses with a three-year track record are desirable. The size criteria for a small business includes: any business whose tangible net worth is less than $6 million and whose profits after tax averaged under $2 million for the previous two years; there are no limitations on the personal net worth of business owners; limited to owners-uses; developers do not qualify.
Texas Department of Commerce

Smart Jobs
All Texas businesses are eligible. Sixty percent of the funds are earmarked for existing Texas businesses and 40% for new start-ups and businesses locating in Texas.
Texas Department of Commerce

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