Small Business Grants in Texas (TX)

Securing a small business grant in Texas involves identifying the right opportunities, understanding the eligibility criteria, and preparing a compelling application. Here are some of the most relevant grant opportunities for small businesses in Texas:

Texas Workforce Commission (TWC) Skills for Small Business Program
This program provides workforce training funds that can cover up to $1,800 of eligible tuition costs per trainee. To be eligible, you must be a small business owner based in Texas, employ at least one full-time employee and not more than 99

Texas Enterprise Fund (TEF)
This is the largest “deal-closing” fund of its kind in the nation. Awards are made as a cash grant used as a financial incentive tool for projects that offer significant projected job creation and capital investment where a single Texas site is competing with another, viable out-of-state option.

State Trade Expansion Program (STEP)
Offered by the Texas Department of Agriculture, this program provides reimbursement for eligible business expenses related to exporting goods, including advertising overseas, attending international trade shows, and interpreter fees.

Product Development & Small Business Incubator Fund (PDSBI)
This fund supports small businesses with a new or improved product. It is particularly relevant for businesses in the technology and biomedicine sectors.

Defense Economic Adjustment Assistance Grant (DEAAG)
This is an infrastructure grant program designed to assist communities that have been adversely impacted by defense base realignments or closures.

Open for Business Grant Program in Houston
This program, offered by Wells Fargo, provides grants ranging from $5,000 to $100,000 for the purchase of property, equipment, and other assets.

America’s Seed Fund
Although not specific to Texas, this national grant program is available to small businesses in the technology sector that are for-profit, operated in the U.S., and have fewer than 500 employees.

To apply for these grants, you will typically need to provide detailed information about your business, including tax returns for the past two years, documented leases, and information about your credit ratings and any legal issues. 

Securing a grant can be a competitive process, so it’s important to thoroughly research each grant opportunity, understand the eligibility criteria, and prepare a compelling application that clearly demonstrates how your business meets the grant’s objectives.