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Local Incentive

Tomball Economic Development Corporation Job Creation/Retention Performance-Based Grant Program

Summary

The Tomball Economic Development Corporation, a 4B Corporation, provides financial assistance to qualifying expanding, new, or relocating companies in the form of cash grants for projects that create or retain primary jobs.

The TEDC, a 4B Corporation, provides financial assistance to qualifying expanding, new, or relocating companies in the form of cash grants for projects that create or retain primary jobs (table of primary jobs below). The TEDC also assists with funding infrastructure costs for eligible projects.

The TEDC can assist with the following:

  • Land, buildings, equipment, facilities, improvements, and expenditures related to: manufacturing, industrial, research & development, recycling, small warehouse/storage and corporate headquarter facilities.

  • Distribution centers

  • Infrastructure assistance to commercial projects

  • The land, buildings, equipment, facilities, expenditures, approved infrastructure*, and improvements found by the Board of Directors to promote new or expanded business development in the City of Tomball.

*Approved infrastructure expenditures are: streets and roads; rail spurs; water, sewer, gas, and electric utilities; drainage; site improvements; and, telecommunications and Internet improvements.

The assistance is for exterior construction costs, not interior work.

In addition to the financial incentives, the TEDC also provides:

  • Site selection assistance

  • Key contacts in business and local government

  • Demographic, wage, and economic data

  • Access to job training and workforce development programs

Contact: Kelly Violette, AICP
Executive Director
Tomball Economic Development Corporation
29201 Quinn Rd., Suite B
P.O. Box 820
Tomball, TX 77375
281-401-4086
kviolette@tomballtxedc.org