Your business works better in a city that works for you.

Businesses and residents are flocking to Texas and flourishing, thanks to a welcome business climate of lower taxes—including zero corporate and personal income taxes—and growth-friendly regulatory ease. And Texas goes big on incentives; for qualified projects state incentives can include:

• Skills Development Fund, supporting customized workforce training for new, relocating or expanding operations

• Sales and use tax exemptions

• Ad valorem/property tax exemptions

• Renewable energy incentives

And as a signatory of the Texas 380 agreement, Colorado City is able to support business growth with a strategic toolkit of custom incentives designed to target:

• Improving façades, signs and facilities: Colorado City supports enhanced enterprise visibility and faster profitability through the city’s local façade and sign grant which matches up to $10,000 for exterior improvements and signage. Also in development: a retail and commercial tenant grant, tentatively matching up to $10,000 for interior improvements.

• Enhancing e-commerce: In a city with high-speed broadband access, your business can create and expand a high-impact digital presence. The City’s e-commerce accelerator program provides matching grants to develop e-commerce sites and promote existing online advertising efforts.

• Facilities renewal through local property tax abatement: Mitchell County and the local Hospital District will abate property taxes for up to 10 years for existing buildings that are improved and/or renovated.

Housing development grants: For real estate developers, Colorado City and Mitchell County together will provide a grant of up to $11.00 per square foot for new housing, with minimum square footage requirements if three or more homes are built.