Home to successful businesses
The greater Austin area is recognized around the country as a select location for corporate headquarters and supporting facilities.
Austin is renowned for its quality of life and hosts a strong regional infrastructure supported by a multi-tiered workforce. These conditions combine to create one of the strongest business environments in the United States.
What makes Austin special? Everything.
The Austin area is known for conditions that support great businesses. Our "creative class" culture is fed by our diversity, quality of life, focus on education and our low costs of living and doing business. Highly educated people from all over the world come to Austin to enjoy our beautiful Hill Country setting, creative vibe and powerful job market. Pair these conditions with a vibrant business environment and you've got a region ripe for innovative business.
Workforce: young, highly educated & passionate about innovation
Another of the region's strong assets is the Central Texas workforce, representing one of the most educated talent pools in the country. Nearly 47% of adults have at least a bachelor's degree compared to 33% nationally, putting Austin in the top 10 among the largest metros. The region benefits from 70 colleges and universities and over 400,000 enrolled students within a 100-mile radius. We're home to the University of Texas at Austin, a world-class research institution whose graduates (many of them multi-lingual) go on to lead the world in entrepreneurship, convergence technology and other innovation-driving fields. And our growing workforce is young and eager, with a median age that is four years younger than that of the rest of the nation.
Taxes & incentives
In Texas and the Austin region the tax structure is fair, competitive and designed to make companies feel welcome. Texas is one of only a handful of states with no individual income tax-- an attractive environment for transferring employees – or corporate income tax.
The State of Texas incentive programs are discretionary and based heavily on the number and type of jobs created as well as the amount of investment.
- The Texas Enterprise Fund is used primarily to attract new business to the state or assist with the substantial expansion of an existing business is part of competitive recruitment; it is the largest "deal closing" fund of its kind in the country
- The Texas Enterprise Zone Program is an economic development tool or local communities to partner with the State of Texas to promote job creation and capital investment in the state
We have the capacity to support business growth and are focused on providing tools and services to make data-driven decisions when considering relocating, starting, or expanding your business in the Greater Austin region.
Industry: a place for your business in the heart of Texas
Austin's attractiveness as a place to live and work is a huge draw for companies looking to establish corporate and regional headquarters. Freescale Semiconductor, Whole Foods, Dell and National Instruments are just some of the companies with corporate headquarters in greater Austin. An array of other world-renowned businesses operates in Austin, in research and development, manufacturing and back-office facilities.
The Austin region welcomes newcomers to Central Texas and we are focused on supporting your business in the key growth industries for our region: Advanced Manufacturing, Clean Technology, Data Management, Life Sciences, Space Technology, and Creative & Digital Media Technology.
Major corporate & regional HQs in greater Austin
For existing Austin area companies and for relocating companies:
Senior Vice President, Economic Development