At the Henderson Economic Development Corporation, our objective is to help “pave the way” so local businesses can expand and grow, be more profitable and employ more citizens. In addition, we seek to find new businesses that are looking for a great place to do business, raise a family and call Henderson home.
In short, you really can Grow Your Future in Henderson, Texas!
Texas’ Business Climate
Texas offers companies of all sizes and across all industries one of the best business climates in the nation, with a fair, transparent tax and regulatory structure designed for businesses to succeed.
Texas is home to one of the largest, most competitive deal-closing funds in the nation, the Texas Enterprise Fund.
Powered by nearly 50 Fortune 500 companies, thousands of international and small businesses, and a diverse, skilled workforce of 13.5 million, the Texas economy is the 10th largest when compared to the nations of the world.
Texas prides itself on being a right-to-work state and will continue to make strategic investments to ensure it maintains our competitive advantage, allowing businesses to prosper and grow.
HEDCO’s Local Services and Incentives
Site selection assistance is a basic service we provide to all sizes of companies. We seek to help companies find the perfect site or building in which to do business. There is no cost for these services.
HEDCO’s board and staff are dedicated to assisting all sizes of businesses with their growth needs, though our primary focus is on companies that manufacture or distribute goods and services that are sold outside our region, therefore, boosting the local economy with new capital. In addition to the State of Texas business assistance programs, HEDCO has several tools available at the local level to assist with business growth and expansion. No two businesses are the same and neither are their needs. Our HEDCO staff will work diligently with each business to put together the best package possible, much like a “cafeteria plan.”
Some of the incentives possible are reductions of the cost of land, job creation grants, tax abatement, tax increment financing (TIRZ), revolving loan funds, Chapter 380 agreements, and infrastructure incentives. Incentive awards are based on project impact including capital investment, number of full-time permanent jobs created and overall payroll over a period of time.