Economic Incentives offered by the the Frisco EDC are negotiated on a case-by-case basis subject to the qualifications, conditions and requirements to be fully described within an Agreement and subject to the approval of the Frisco Economic Development Corporation, Board of Directors.
- TAX ABATEMENT
A common economic development tool that can defer property taxes on new plant and equipment expenditures for expanding companies.
- FREEPORT EXEMPTIONS
Companies in Collin and Denton Counties that ship certain products in and out of the State of Texas within 175 days can realize substantial savings in taxes with this exemption.
- TAX INCREMENT FINANCING
This economic development tool has been used to finance public improvements and enhance infrastructure in defined areas.
- HALF CENT SALES TAX
Many cities in Texas, including Frisco, have been using this economic development tool to improve infrastructure and attract new developments to encourage growth.
- RETAIL INCENTIVES
Retail is a critical amenity to quality of life in Frisco, economic development infrastructure incentives may be available to attract retail projects.
- ENTERPRISE PROSPECT
A variety of incentives are available to companies locating or expanding within any designated Enterprise Zone in our area.
- TEXAS ENTERPRISE FUND
A fund awarded by the State of Texas to companies demonstrating large growth. Click for details.
Area and State grants are available to assist companies with their training needs.
- FOREIGN TRADE ZONE DESIGNATION
Program allows area businesses to operate under similar customs guidelines to business conducted in a foreign country. Typically get relief from paying Customs duties and tariffs.