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The City of Giddings provides a full range of flexible incentive options on both a state and local level. Our team here at GEDC is ready to help you find a way to make the move to Giddings no matter what your business financing needs might be.

Local Incentives and Property Sales

The GEDC offers cash grant incentives for qualifying projects and the City of Giddings may offer tax rebates or other assistance through a Chapter 380 agreement. The GEDC also owns 150 acres of property located within the Giddings 290 Business Park. Property is available for sale for qualifying projects and a price per acre will be determined based on project scope, with considerations to factors including amount of capital investment, type and number of jobs created, and the cost of ancillary services and infrastructure required to bring the project to fruition.   For more information, please contact the EDC offices.

State of Texas Incentives

Texas offers companies of all sizes and across all industries one of the best business climates in the nation, with a fair, transparent tax and regulatory structure designed for businesses to succeed. Here are a few of the available options.  Texas State incentive options, Click Here.

Texas Enterprise Fund

The Texas Enterprise Fund (TEF) was established in 2003 to help attract new jobs and investment to the state.  The fund was renewed by the Legislature in 2017.  As the largest "deal-closing" fund of its kind in the nation, the TEF continues to attract businesses to Texas.  The fund is used only as a final incentive tool where a single Texas site is competing with another viable out-of-state option.  Additionally, the TEF will only be considered to help close a deal that already has significant local support behind it from a prospective Texas community. 

In Addition to the Texas Enterprise Fund,  the State of Texas has a additional incentive programs that can be found at this link.

Texas Workforce Commission

Workforce Training

1. Skills Development Fund

For employers with more than 100 employees, customized training provided on site at the company's location is available at no cost through the Skills Development Fund program.  Texas' premier job-training program provides opportunities for Texas businesses and workers to improve skills, expand employment and increase wages.  The Texas Workforce Commission administers the program. Success is achieved through collaboration among businesses, public community and technical colleges, Workforce Development Boards and economic development partners.

More information about the Skills Development Fund can be found here.