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- Texas_Enterprise_Fund abstract "The Texas Enterprise Fund is a business incentive fund that was created by legislation in 2003. The fund, which had an initial $295 million investment, is used for ensuring the growth of business in Texas. One of Texas’ most competitive recruitment tools, these funds are used primarily to attract new business to the state or assist with the substantial expansion of an existing business as part of a competitive recruitment situation. Sources indicate that since 2003 the Fund has yielded up to $6.3 billion in capital investment in Texas by out-of-state companies [1].In 2004, authorization was given for the fund to grant $20 million to Countrywide Financial in return for a promise "to create 7,500 new jobs in the state by 2010." The grant (all of which are approved by the Governor, the Lieutenant Governor and Speaker of the House) is one of the largest made from the fund in terms of the size and the number of jobs promised. In the fall of 2007, while slashing jobs and with its stock price plummeting, Countrywide was eventually acquired in a fire sale by Bank of America. But thanks to the "claw-back" provisions in the program, grantees return all funds to the state for jobs not created.In 2012, it was announced that Apple would be adding a new campus in Austin, creating 3,600 new jobs. The Fund would be investing $21 million over ten years.[2]".
- Texas_Enterprise_Fund wikiPageExternalLink 17021.
- Texas_Enterprise_Fund wikiPageExternalLink 004974.html+texas+enterprise+fund+return&hl=en&ct=clnk&cd=3&gl=us.
- Texas_Enterprise_Fund wikiPageExternalLink www.texaswideopenforbusiness.com.
- Texas_Enterprise_Fund wikiPageID "5907421".
- Texas_Enterprise_Fund wikiPageLength "2029".
- Texas_Enterprise_Fund wikiPageOutDegree "11".
- Texas_Enterprise_Fund wikiPageRevisionID "646192342".
- Texas_Enterprise_Fund wikiPageWikiLink Apple_Inc..
- Texas_Enterprise_Fund wikiPageWikiLink Bank_of_America.
- Texas_Enterprise_Fund wikiPageWikiLink Bank_of_America_Home_Loans.
- Texas_Enterprise_Fund wikiPageWikiLink Category:Business_and_industry_organizations_based_in_the_United_States.
- Texas_Enterprise_Fund wikiPageWikiLink Category:Economy_of_Texas.
- Texas_Enterprise_Fund wikiPageWikiLink Category:Government_corporations.
- Texas_Enterprise_Fund wikiPageWikiLink Category:Government_of_Texas.
- Texas_Enterprise_Fund wikiPageWikiLink Countrywide_Financial.
- Texas_Enterprise_Fund wikiPageWikiLink Economy_of_Texas.
- Texas_Enterprise_Fund wikiPageWikiLink Fire_sale.
- Texas_Enterprise_Fund wikiPageWikiLink Texas.
- Texas_Enterprise_Fund wikiPageWikiLink Texas_Emerging_Technology_Fund.
- Texas_Enterprise_Fund wikiPageWikiLinkText "Texas Enterprise Fund".
- Texas_Enterprise_Fund hasPhotoCollection Texas_Enterprise_Fund.
- Texas_Enterprise_Fund wikiPageUsesTemplate Template:Business-org-stub.
- Texas_Enterprise_Fund wikiPageUsesTemplate Template:Texas-stub.
- Texas_Enterprise_Fund subject Category:Business_and_industry_organizations_based_in_the_United_States.
- Texas_Enterprise_Fund subject Category:Economy_of_Texas.
- Texas_Enterprise_Fund subject Category:Government_corporations.
- Texas_Enterprise_Fund subject Category:Government_of_Texas.
- Texas_Enterprise_Fund hypernym Fund.
- Texas_Enterprise_Fund type Company.
- Texas_Enterprise_Fund type Organization.
- Texas_Enterprise_Fund type Organization.
- Texas_Enterprise_Fund comment "The Texas Enterprise Fund is a business incentive fund that was created by legislation in 2003. The fund, which had an initial $295 million investment, is used for ensuring the growth of business in Texas. One of Texas’ most competitive recruitment tools, these funds are used primarily to attract new business to the state or assist with the substantial expansion of an existing business as part of a competitive recruitment situation.".
- Texas_Enterprise_Fund label "Texas Enterprise Fund".
- Texas_Enterprise_Fund sameAs m.0fczc9.
- Texas_Enterprise_Fund sameAs Q7707663.
- Texas_Enterprise_Fund sameAs Q7707663.
- Texas_Enterprise_Fund wasDerivedFrom Texas_Enterprise_Fund?oldid=646192342.
- Texas_Enterprise_Fund isPrimaryTopicOf Texas_Enterprise_Fund.