Grants & Programs

Job Creation Grant Program

Certain types of business investments, which result in the creation of new jobs, new income and provide for positive economic growth and economic stabilization are beneficial to the city as a whole. The Job Creation Grant provides money for new job creations for new businesses located in Elgin or expansion of existing businesses. Each applicant’s project will be evaluated for potential grants on a case-by-case basis.  

This grant will pay $2,500 for each new qualified full time position created, with a maximum grant of $25,000 (10 jobs). Applicants can only be awarded the grant one time.

 Additional Assistance Programs

• Small Business Development Loan Program - available through your local lender
• Paint the Town and Dumpster Programs - available through the Main Street Program
• Historic Rehabilitation Federal Tax Credit - available through the Texas Historic Commission
• Business Education - available through a partnership with the EDC, MSB, Chamber of Commerce and provided by Austin Community College and by the Texas Historic Commission -Texas Main Street Program.Contact us for information.

Economic Development Programs – The City’s EDC provides assistance to both existing and new businesses. In concert with state and federal agencies, the City provides varying assistance packages on a case by case basis. Contact us for more information.