Who Can Apply?
A city, county or economic development group covering the Texas region in which the qualified business is considering locating, may apply on behalf of the business, so long as the business is still in the decision-making process to relocate or expand its operations at the applicable site.
Type of Incentive
Qualification for in-state tuition rates at Texas public institutions of higher education for employees of qualified businesses or employees’ family members without first establishing Texas residency. The incentive lasts for a period of 5 years after the qualified business becomes established as part of the state’s Economic Development and Diversification Program (i.e., a qualifying student’s enrollment date may not be more than 5 years after the dates of the qualified business’ establishment in the program).
A qualified business:
Must operate in an industry that is expected to provide high economic impact to the Texas region in which it is considering locating; should be a target industry for the state or an ancillary or support industry.
Should promote highly skilled, high wage jobs.
Must plan to create new positions which will be filled by local residents in addition to the transferred employees.
Must be in the decision-making process to relocate or expand their operations in Texas during the application process.