Investment Programs

Room to Grow

Growth doesn't always mean a whole new business - sometimes it's a new service added to what you already offer, or more physical space to work with. GEDC can invest alongside businesses making that move.

Where We Invest

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New Service Investment

Investment support for adding a service you don't currently offer, or expanding capacity on one you do, so you can take on more work and serve more customers.

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Market & Facility Expansion

Investment support for growing your space or your reach - moving to a better facility, converting an existing building to a new use, or reaching a new audience, a new trade area or customers online. Depending on the project, that could include available GEDC property or help through the Woodson's Local Build program.

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Woodson's Local Build Program

A partnership between GEDC and the local hardware store for businesses remodeling as part of an expansion. Projects get contractor-level care and pricing through the partnership, and GEDC reimburses a percentage of the expenditure on top of that.

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Performance-Based Expansion Incentives

For larger expansions that add jobs or major capital investment, GEDC can structure a performance agreement tied to the results.

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Workforce Development

Support for training and developing your team, available from day one, no matter how long you've been open - including free custom and business classes through Navarro College.

How It Helps

We look at what you're planning and help put together the right program, or combination of programs, to invest alongside you.


The Need-to-Knows

Am I Eligible?

Eligibility depends on the program and the specifics of the expansion. Reach out and we'll walk through what applies to your situation.

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Is This a Grant?

These are outcome oriented investment programs, not open grants. Depending on the program, that might mean you invest first and GEDC reimburses a portion of eligible costs, or it might be structured as a performance agreement tied to results.

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Do I Need to Apply Before I Start?

Ideally, yes. Reaching out early means we can look at the full scope of what you're planning, make sure it qualifies, and structure the investment correctly - the earlier you reach out, the more of your eligibility is protected.

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How Do I Apply?

Reach out with what you're working on. Depending on the project, it might be a single program, a combination of a few, or something more custom - we'll send the right application once we know what fits.

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Planning to expand?

Tell us about the project, and we'll tell you what's on the table.

Ask about
Expansions
w/ GEDC
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Commercial Facility & Service Expansions

Tell us what you're working on

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