Business Incentives Program
Welcome to the Mathis Economic Development Corporation (EDC) Incentives Program. We are committed to fostering economic growth and development in Mathis, Texas, by supporting businesses that wish to start, expand, or relocate to our vibrant community. Our incentives program is designed to offer financial and non-financial support to qualifying businesses, making Mathis an attractive destination for entrepreneurs and established companies alike.
Our Incentives
The Mathis EDC offers a range of incentives tailored to meet the needs of diverse business ventures. Our incentives include, but are not limited to:
- Tax Abatements: Reductions or exemptions on property taxes for eligible businesses to ease the initial financial burden of establishing or expanding operations in Mathis.
- Grants and Loans: Access to grants for specific projects that align with community development goals, as well as low-interest loans to support business growth and sustainability.
- Land and Infrastructure: Potential provision of land at reduced rates or assistance with infrastructure development, including utilities and road access, to facilitate business operations.
- Workforce Development: Partnerships with local educational institutions to provide training and development programs, ensuring businesses have access to a skilled workforce.
- Permitting and Regulatory Assistance: Expedited permitting processes and assistance navigating regulatory requirements, streamlining the setup and expansion phases for businesses.
Eligibility Criteria
To qualify for our incentives program, businesses must meet the following criteria:
- Contribute to the economic development and job creation in Mathis.
- Comply with local, state, and federal regulations.
- Demonstrate financial stability and a sound business plan.
- Commit to community engagement and sustainable business practices.
Application Process
Interested businesses are encouraged to apply for our incentives program by following these steps:
- Initial Consultation: Contact the Mathis EDC to schedule an initial consultation. This meeting will allow us to understand your business needs and discuss how our incentives program can support your goals.
- Application Submission: Complete and submit the incentives program application, along with any required documentation, such as business plans, financial statements, and project proposals.
- Review and Approval: The Mathis EDC will review applications to ensure they meet our eligibility criteria. Approved applications will proceed to negotiation of incentive agreements tailored to each business’s needs.
- Implementation: Upon agreement finalization, businesses will receive the agreed-upon incentives and can commence or proceed with their projects in Mathis.
Contact Us
For more information about our incentives program or to start the application process, please contact the Mathis Economic Development Corporation. We are here to support your business journey in Mathis and look forward to contributing to your success.