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Incentives & Grants

The Converse Economic Development Corporation offers assistance and incentives to help new and existing local businesses grow. CEDC’s staff is available to help in determining program eligibility. Please see details on each program offered below. For more information, please call the CEDC staff at (210) 659-9163.

Download our Incentive Policy

Download Our Incentive Application

 

 


Capital Grant Assistance

The following files are available to those who are looking for help in obtaining assistance in capital for the retention and/or expansion of your business. We must receive the original completed application with your signatures by mail or hand delivery at 403 S. Seguin, Converse, Texas 78109.  Please contact the CEDC Executive Director at (210) 659-9163 for information on requests of $10,000 or more.

All grants are considered on a case-by-case basis and require all documentation to be completed for consideration.

Available Downloads

Download Grant Application    
Download Grant Process    
Performance Agreement    

 


Triple Freeport

In Converse, all three taxing entities – city, county and school district – have enacted the Freeport Tax Exemption on all eligible inventory.

If your warehouse is located in Converse, your company does not have to pay an inventory tax on goods that move in and out of Texas within a 175 day period. This exemption applies to inventory that is exported out of Texas within 175 days of the date acquired or brought into the State.

Download the Freeport Exemption Application

 


State of Texas Incentives and Programs

The State of Texas is committed to the attraction of new businesses and the retention and expansion of existing businesses within the State. Through the Office of the Governor and the Department of Tourism and Economic Development, the State offers many incentives and programs to companies looking to locate or expand in Texas.

Below is a document summarizing each of the State’s available programs. Please contact the CEDC Executive Director at (210) 659-9163 for more information on individual programs and for assistance on how to apply.

State of Texas Summary of Incentives and Programs

 


City of Converse Tax Abatement

The City of Converse is commited to the promotion of quality development in all parts of the City and to improving the quality of life for its citizens.  In order to help meet these goals, the City of Converse will consider providing tax abatements to stimulate economic development in Converse.  It is the policy of the City of Converse that such abatements will be provided to appropriate businesses in accordance with the procedures and criteria outlined in Ordinance 209.  However, nothing in this policy shall imply or suggest, or be construed to imply or suggest, that the City of Converse is under any obligation to provide any abatement to any applicant; all applications for tax abatement shall be considered on an individual basis.

Below is the Tax Abatement Application document.  Please contact the CEDC Executive Director at (210) 659-9163 for more information regarding tax abatement.

City of Converse Ordinance 209

Tax Abatement Application for the City of Converse