Helping businesses of all sizes expand  their Austin area workforce.)

The Business Expansion Incentive Program is a pay-for-performance program that pays out annually to qualified businesses. The Economic Development Department is identifying and qualifying high-impact projects for:

  1. Local Austin businesses
  2. Employers hiring targeted populations
  3. Businesses relocating to Austin

Staff will work with you to: determine fit, guide you through the process, and help to answer questions.

Business Expansion Incentives for local Austin businesses looking to hire Austinites)

Growing locally?

Incentive benefits include:

  • Up to 3% Wages Reimbursement Per Job / Per Year (max $1,800)
  • Up to 50% Property Tax Reimbursement

Eligibility:

  • Registered and operational within the City of Austin city limits for at least 12 months
  • Creation of at least 5 jobs over 5 years paying at least City of Austin living wage

Business Expansion Incentives for businesses hiring targeted populations and people facing economic and socio-economic hardships that pose as a barrier for employment

Hiring employees with barriers?

Incentive benefits include:

  • Up to $3,000 Per Target Job / Per Year 
  • Up to 50% Property Tax Reimbursement

Eligibility:

  • Creation of 1 job for targeted populations, or those with barriers to employment
  • Pay must be at least City of Austin living wage

Business Expansion Incentives for businesses looking to move into Austin and hire employees from Austin

Moving to Austin?

Incentive benefits include:

  • Up to 3% Wages Reimbursement Per Job / Per Year (max $1,800)
  • Up to 50% Property Tax Reimbursement

Eligibility:

  • No current City of Austin“significant presence” (5 or less Austin employees)
  • Creation of at least 75 jobs over 10 years paying at least City of Austin living wage

 

Your project may be eligible for one or more programs.

>>Submit an Incentive Inquiry 

Learn more from Economic Development staff about available incentives by submitting an inquiry.