The Port Arthur Economic Development Corporation (PAEDC) is committed to fostering growth and prosperity within our community by offering a range of incentives tailored to the unique needs of businesses. Since 1989, when Port Arthur became one of the first cities in Texas to implement a 1/2 cent sales tax dedicated to economic development, PAEDC has been managing these funds to support business relocation, expansion, and workforce development.
Tailored Solutions for Your Business
At PAEDC, we understand that every business has distinct needs and challenges. That’s why we customize our incentive packages to provide the most effective support for your company’s growth. Whether you’re considering relocating to Port Arthur or expanding your existing operations, our team will work closely with you to develop an incentive package that aligns with your goals.
Relocation and Expansion Support
Relocating or expanding a business is a significant decision, and PAEDC is here to make the process smoother. According to the Texas Local Government Code, which governs the operations of economic development corporations, PAEDC must play an essential role in the decision-making process for businesses looking to relocate to Port Arthur. Our involvement ensures that qualifying businesses can access the necessary incentives to facilitate their move. For businesses already thriving in Port Arthur, we offer targeted support for infrastructure improvements to help fuel further growth.
Performance-Based Incentives
Our approach to incentives is performance-driven. This means that businesses receive financial assistance based on their achievements and adherence to agreed-upon performance criteria. By ensuring that incentives are disbursed only after specific goals are met, we uphold our commitment to responsible and effective use of public funds.
Creating Opportunities Across Sectors
PAEDC’s incentives are designed to encourage job creation, capital investment, and workforce development across a variety of industries. We partner with businesses, local colleges, and community organizations to implement programs that enhance skills, stimulate investment, and drive sustainable economic growth in Port Arthur.
Get Started Today
Explore the possibilities that Port Arthur has to offer. Contact Michelle Palmer at PAEDC to learn more about how we can support your business’s relocation, expansion, and workforce development needs through our customized incentive programs.
