Incentives

SEDA offers a diverse range of programs and services tailored to the requirements of companies and industries seeking to either relocate or expand within this market.

Our SEDA Team places the utmost importance on confidentiality and ensures that all services are provided free of charge.

- Gathering and evaluating market and demographic information.

- Providing current economic data, regional insights, labor market analyses.

- Conducting workforce assessments.

- Assisting in identifying suitable sites or buildings, showcasing available real estate opportunities.

- Facilitating connections with community officials, business leaders, brokers, and vendors.

- Serving as a liaison with local and state offices and agencies.

- Offering support and guidance with local planning and permitting agencies.

- Coordinating meetings with strategic allies.

- Hosting site visits in Stephenville and arranging familiarization tours of the region.

- Developing incentive packages.

- Providing economic impact analyses.

- Offering assistance with Foreign Trade Zones (FTZ), including cost savings analysis reports, connections with customs brokers and the U.S. Department of Commerce, security analysis of potential FTZ sites, and guidance in activating FTZ.

- Continued support for clients after deciding to expand or relocate to Stephenville, including coordinating press releases and events such as grand openings and ribbon-cutting ceremonies, as well as implementing employee recruitment and training programs.

Facade Improvement Grant

Stephenville employs the Facade Improvement Grant program as a prominent incentive, aiming to enhance the visual appeal and economic vibrancy of the city by promoting exterior improvements to commercial, retail, and office structures. The objective is to enhance safety, and create a more aesthetically pleasing environment for both community residents and visitors. The improvements initiated by existing businesses have the potential to serve as a catalyst for broad revitalization efforts throughout the community. For more information on how to apply for a Facade Improvement Grant, please contact the Stephenville Economic Development Authority Office.