Plano Business Incentives

The City of Plano offers incentives on a case-by-case to stimulate business attraction, retention, redevelopment and expansion. The incentive package is determined by type of operation, number of full-time jobs created, capital investment, median wage, size of space constructed or leased, and community impact. Projects may also be eligible for State of Texas incentives.
 

City of Plano incentives:

• Economic Development Grants (Chapter 380)
• Tax Abatements
• Freeport Exemption
• Training Grants
• Tax Increment Finance (TIF)
• Neighborhood Empowerment Zone (NEZ)
• HUBZone

State of Texas incentives:

• Texas Enterprise Fund (TEF)
• Texas Emerging Technology Fund (ETF)
• Texas Enterprise Zone Program

Federal Incentives:

• Foreign Trade Zone (FTZ)