Texas Economic Development & Tourism Office
The Texas Economic Development & Tourism Office (EDT) in the Office of Governor Abbott is tasked with marketing and promoting the State of Texas as a premier business location and travel destination. Under Governor Abbott’s leadership, our office works closely with regional and community partners to ensure that Texas remains the top state for business in the country.
EDT works side-by-side with the Texas Economic Development Corporation (TxEDC) to market and promote Texas nationally and internationally as the best place for businesses to locate and expand. TxEDC is a public-private partnership, an independently funded and operated 501(c)(3), whose work is made possible through the support of a broad range of private and community investors throughout the state. TxEDC promotes Texas through a robust program of activities which highlight Texas’ superior business advantages to corporate decision-makers and site selection consultants.
Business & Community Development
Business & Community Development (BCD), within EDT, pursues business expansion and relocation with the goal of developing job creation and export opportunities for Texas. BCD is comprised of Business Development and Business Assistance.
The Business Development team serves as the conduit to the business recruitment and project management process. This team identifies and develops both domestic and international investment leads and works with prospective companies who are considering locating or expanding in Texas. Business Development also serves as a vital contributor to the overall mission of the office by assisting in marketing efforts and initiatives in partnership with the Texas Economic Development Corporation.
Business Assistance serves domestic and international businesses of all sizes, interested in doing business in Texas. The team is responsible for strengthening the competitiveness of Texas’ industries by promoting international business and trade, small business advocacy, entrepreneurial support, as well as industry engagement, and assisting with permitting, licensing and regulatory compliance. Business Assistance also houses the State of Texas Mexico Office, which seeks to help Mexican companies enter the Texas market or aid Texas companies looking to do business in Mexico, and the Office of Aerospace and Aviation, which aims to promote and grow the aerospace and aviation industry in Texas.
Economic Development Finance
Economic Development Finance, within EDT, provides globally competitive, cost-effective financial tools to expanding businesses operating in the state and businesses relocating to Texas. Programs administered by this office include various grants, financing and tax refund programs which all promote economic development, job creation and capital investment. The office partners with local governments and other entities to deliver programs targeted at small businesses, communities and universities in the state, among other entities.