Texas Economic Development Corporation (TxEDC)

About Texas Economic Development Corporation (TxEDC)

The Texas Economic Development Corporation (TxEDC) aims to promote economic growth and business opportunities in Texas. It highlights Texas as the best state for business, emphasizing a skilled workforce, competitive incentives, low taxes, and a strong business climate to attract companies and foster expansion.

Products & Services

Economic Development Services:Support for businesses looking to expand or relocate to Texas, offering resources and information on business climate, workforce, infrastructure, and incentives.

Business Sector Support:Focused assistance for various industries including Advanced Manufacturing, Aerospace, Biotechnology, Energy, IT, and more, to promote growth in specific sectors.

Foreign Direct Investment Guidance:Resources and support for international companies from countries like Brazil, Canada, France, and others to invest and operate in Texas.

Regional Development Information:Detailed insights into different Texas regions to help businesses choose optimal locations for their operations.

Specialties

Business Climate Optimization Workforce Development Infrastructure Investment Tax Incentives Foreign Direct Investment Sector-Specific Growth Strategies

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Grant T: - FT: Grant	A: 450000 MR: - FA: $450,000 FAN: 450000	D: 2023-03-30 FD: 2023-03-30	1 investors

Grant Latest

2023-03-30

$450K

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

G

Greg Abbott

Governor

V

Valerie G. Segovia

Vice President of Investor Relations

A

Arun Agarwal

Vice Chair of TxEDC

A

Aaron Demerson

President and CEO

S

Scott Buchholtz

Vice President of Operations

D

Dale Robertson

Vice President of Business Development

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