The Texas Enterprise Fund (TEF) is the largest “deal closing” incentive in the United States. To date the fund has allocated more than $380 million towards generating over $14 billion in capital investments and 56,000 new jobs in the State of Texas. Factors considered in approving the TEF support include:

• Level of capital investment
• Resulting job creation
• Amount of wages generated
• Applicant’s financial strength and history
• Federal and local government and private sector endorsement and benefits

Please note that the TEF is just one of many state and local incentives programs available for qualified commercial projects in Texas.