Our Mission
To encourage and promote industries of the community by directing attention to opportunities within the industrial, commercial, and agricultural sectors. We will strive to assist with needed resources and financial incentives to interested firms and entrepreneurs in startup, expansion or relocation to this area. The success of this mission will be demonstrated by sustained stability and growth of economic activity in Pampa.
The Pampa EDC
The Pampa Economic Development Corporation is a Type B corporation that receives over $1 million annually from a half-cent sales tax. Chapters 501 – 505, Local Government Code is the section of Texas law that contains the rules governing the use of the economic development sales tax.
The Pampa EDC strives to provide incentives for eligible business/industrial development and community development projects. Our goals include helping with the retention and expansion of local businesses, entrepreneurial startup funding and recruiting of outside companies.
Incentives
- Grants: Typically for non-profit organizations
- Low-Interest Rate Loans: For Business and Industrial Development
- Forgivable Loans: For Business and Industrial Development
State Programs
The Governors Office of Economic Development and Tourism (Texas) offers a variety of Incentive programs that companies may apply for.
- Texas Enterprise Fund
- Texas Emerging Technology Fund
- Texas Capitol Fund
- Financing
- Grants
- Tax Incentives
- Workforce Development