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Workforce Development
The Texas Workforce Commission, in conjunction with the Governor’s Office of Economic
Development and Tourism, provides access to a team of highly skilled professional who provide
technical assistance, at no charge, to help streamline the development of projects and proposals.
Governor's University Research Initiative
The Governor’s University Research Initiative grant program (GURI) has a goal to bring the best and
brightest researchers in the world to the State of Texas. This program is a matching grant program
to assist eligible institutions of higher education in recruiting distinguished researchers.
Product Development & Small Business Incubator Fund
The Product Development and Small Business Incubator Fund (PDSBI) is a revolving loan program
financed through original bond issuances. The primary objective of the program is to aid in the
development, production and commercialization of new or improved products and to foster and
stimulate small business in the State of Texas.
Foreign Trade Zone
A Foreign Trade Zone (FTZ) is an area within the U.S. designated by the federal government as outside
of U.S. Customs territory. FTZs encourage investment in the U.S. and the creation of local jobs by
allowing U.S. businesses to operate with equivalent customs treatment to business conducted off-
shore, allowing businesses to reduce customs duties and fees and achieve benefits for the import
and export of goods. The Foreign Trade Zone of Central Texas, Inc., is the grantee of FTZ 183.
Texas Enterprise Fund
The 78th Texas Legislature established the Texas Enterprise Fund to provide financial resources to
help strengthen the state’s economy. Projects that are considering one Texas site in competition
with other out-of-state sites and can demonstrate significant projected job creation and capital
investment.
Texas Enterprize Zone Program
The Texas Enterprise Zone Program is an economic development tool for local communities to
partner with the State to promote job creation and capital investment in economically distressed
areas of the state.