Ingleside State Incentives

Economic Development & Diversification In-State Tuition for Employees

Economic Development & Diversification In-State Tuition for Employees is a program that allows employees—and those employees’ family members—of a qualified business considering a relocation or expansion of its operations in the State of Texas to pay in-state tuition rates at public institutions of higher education in the state without first establishing residency.

Who Can Apply?

A city, county or economic development group covering the Texas region in which the qualified business is considering locating, may apply on behalf of the business, so long as the business is still in the decision-making process to relocate or expand its operations at the applicable site.

Type of Incentive

Qualification for in-state tuition rates at Texas public institutions of higher education for employees of qualified businesses or employees’ family members without first establishing Texas residency. The incentive lasts for a period of 5 years after the qualified business becomes established as part of the state’s Economic Development and Diversification Program (i.e., a qualifying student’s enrollment date may not be more than 5 years after the dates of the qualified business’ establishment in the program).

Eligibility Details

A qualified business:

  1. Must operate in an industry that is expected to provide high economic impact to the Texas region in which it is considering locating; should be a target industry for the state or an ancillary or support industry.
  2. Should promote highly skilled, high wage jobs.
  3. Must plan to create new positions which will be filled by local residents in addition to the transferred employees.
  4. Must be in the decision-making process to relocate or expand their operations in Texas during the application process.

Application

With a rolling application period, cities, counties and economic development groups applying on behalf of a qualified business should remember the business must not have already made a location decision at any point during the application process.

The city, county or economic development group covering the region in which the qualified business would be located must initiate a letter of request addressed to the Executive Director of the Governor’s Office of Economic Development & Tourism. The letter should indicate the following:

  1. How the eligibility criteria are met
  2. Approximate number of employees to be transferred
  3. Approximate wages to be paid
  4. Estimated capital investment in the project

Approved companies are listed on the Approved Companies List.

Contacts

Texas Economic Development

P.O. Box 12428
Austin, Texas 78711

Phone: (512) 936-0100

https://gov.texas.gov/business/page/economic-development-diversification-in-state-tuition-for-employees

Category: TX State Programs

More TX State Programs

Industrial Revenue Bonds (IRBs) provide a source of tax-exempt or taxable bond finance for projects involving significant private activity that promote new and existing businesses, encourage employment, and expand the tax base of a community. IRBs are issued by Industrial Development Corporations sponsored by a... Learn More

he Product Development and Small Business Incubator Fund offers long-term, asset-backed loans to near-bankable businesses commercializing new or improved products and small businesses or entities which foster growth of small businesses. The program targets those businesses which may be unable to obtain full financing or financing on workable terms in traditional capital markets.

Learn More

The Self Sufficiency Fund provides training grants for industry recognized certificates and credentials that lead to permanent full-time employment.

Learn More
OverviewThe Skills Development Fund is Texas' premier job-training program providing local customized training opportunities for Texas businesses and workers to increase skill levels and wages of the Texas workforce. The Texas Workforce Commission administers funding for the program. Success is achieved through collaboration among businesses,... Learn More
Beginning September 1, 2003 an enterprise project is eligible for a refund for state sales and use taxes paid for building materials, machinery and equipment, electricity and natural gas purchased and consumed in the normal course of business and depending on investment amount and number... Learn More
The Texas Capital Fund Infrastructure Program is an economic development tool designed to provide financial resources to non-entitlement communities. Funds from this program can be utilized for public infrastructure (water, sewer, roads, etc.) needed to assist a business, which commits to create and/or retain permanent... Learn More
The Texas Capital Fund Real Estate Development Program is designed to provide financial resources to non-entitlement communities such as Seguin. Funds must be used for real estate development (acquisitions, construction and/or rehabilitation) to assist a business, which commits to create and/or retain permanent jobs, primarily... Learn More
The Texas Enterprise Fund (TEF) awards “deal-closing” grants to companies considering a new project for which one Texas site is competing with other out-of-state sites. The fund serves as a financial incentive for those companies whose projects would contribute significant capital investment and new employment... Learn More

The Texas Enterprise Zone Program (EZP) is a state sales and use tax refund program designed to encourage private investment and job creation in economically distressed areas of the state.

Learn More
Add to Report View Custom Report