01
Introduction & Assessment

We start by understanding your project, goals, needs and what the local opportunity looks like. From there, we’ll determine where GEDC can add value - whether that means an existing program, project-specific support, or connecting you with a partner resource better suited to the need.

02
Application & Project Structure

When GEDC has a role in moving the project forward, we’ll identify the right program or project structure and gather the information needed to move forward. Some projects follow established program guidelines, while others require a more customized approach.

03
Project Review & Approvals

Projects move through the level of review required for their size and structure. Some pre-approved reimbursement programs can be administered within established guidelines. Larger or customized projects may require GEDC Board, City Council, or other formal approval.

04
Agreement & Performance

Once approved, the project moves into implementation under the terms that apply to it. Smaller reimbursement projects typically require completion and documentation before funds are released, while larger or customized projects may include formal agreements, milestones and ongoing performance requirements.

"What Do I Qualify for?" and Other Frequently Asked Questions

Straight answers about who we help, how the EDC is governed, and how to bring a project to us. Don't see your question? Reach out. We're glad to talk it through.

Who does the Groesbeck EDC work with?
What kind of help can I get?
Do I need to be a large company to work with you?
Does it cost anything to talk with the EDC?
Can GEDC help fund my business idea or have money for startups?
Where can GEDC invest?
Do I need to own a business to apply?
What is an economic development corporation?
Who oversees the Groesbeck EDC?
Are EDC meetings open to the public?
Where does EDC funding come from?
How is GEDC different from the City or the Chamber?
Is a project approval public?
How do I request assistance or an incentive?
What do you look for in a project?
Will my information be kept confidential?
How long does the process take?
What is a performance agreement?
What’s the difference between your programs and a performance agreement?
How do reimbursement and performance-based payments work?
Can I get help for a project that’s already started?
What has GEDC funded before?
Ready to Talk?

Have a Project or Opportunity in Mind?

Tell us what you're working on. We'll help you understand the local opportunity, resources and where the GEDC may be able to help.

Get started today