Financing & Business Incentives
Information and assistance with grants, loans, incentives and other financing.
- Can I get additional financing for my business?
- What are the resources available in San Angelo?
- What are the tax and other financial incentives available?
- What loans can I apply for?
- What is the application process?
- How do I write a business plan?
CVCED - Business Incubator
The Concho Valley Center for Entrepreneurial Development (CVCED), The Business Incubator, hosts annual Business Plan competition with award up to $25,000 in cash prize grants and various in-kind prizes.
SADC
Francis E. Owens
Economic Development Director
106 S. Chadbourne
San Angelo, TX 76903
325.653.7197
325.657.4335 (fax)
San Angelo Development Corporation provides assistance to companies specified in Section 4B
- Sales and property tax abatements and exemptions
- Grants for land purchase, reduced prices for property purchases for new and expanding businesses
- Loan and loan participation programs
ASU SBDC
The Small Business Development Center (SBDC) at Angelo State University provides assistance in writing loan proposals and submitting business proposals, as well as information on many different programs for funding a small business.
WTCIC
2579 S. Loop 289
Suite 210
Lubbock, TX 79423
806.745.3973 Ext. 273
806.745.6207 (fax)
West Texas Coalition for Innovation and Commercialization provides funds for businesses through the Texas Emerging Technology Fund for technology commercialization and technology research.
Office of the Governor - Economic Development & Tourism
Provides information on funds such as the Texas Enterprise Fund, the Product Development Loan Fund, and the Small Business Loan Fund.
Concho Valley Angel Network
A local angel investor network made up of individuals who provide a system of investing by viewing business plans and business plan presentations from entrepreneurs who require funding to start or expand their business venture. They will then make investment decisions on an individual basis after performing their own due diligence on the company.
CTAN
Central Texas Angel Investor Network provides venue for presenting business plans to angel investors for funding.
Workforce Solutions of the Concho Valley and
Concho Valley Workforce Development Board
202 Henry O. Flipper
San Angelo, TX 76903
325.653.2321
800.996.7589 (toll-free)
325.655.4649 (fax)
Concho Valley Workforce Development Board
36 East Twohig Suite 805
San Angelo, TX 76903
325.655.2005
Provides financial help in hiring and retaining bonded employees.
Texas Department of Agriculture, Rural Economic Development
Provides loans to both agricultural and non-agricultural businesses in rural areas, as well as assistance with writing out business plans.
Office of the State Comptroller
Texas Comptroller of Public Accounts
Post Office Box 13528, Capitol Station
Austin, Texas 78711-3528
Provides information on various tax exemptions and discounts.