This program encourages business development and expansions located in non-entitlement communities. The minimum award is $50,000 and the maximum is $750,000. The award may not exceed 50 percent of the total project cost. Funds are provided with no interest accruing and with payments based on a 20-year amortization schedule.
The Texas Department of Agriculture administers the Texas Capital Fund Program. For more information, please review the following link below.
** Total Texas Capital Fund participation from both Infrastructure program and Real Estate Development program may not exceed $750,000.