©2023 McKinney Economic Development Corporation
WHAT IS THE INNOVATION FUND?
McKinney Economic Development Corporation’s Innovation Fund was created with startups like yours in mind. The mission is to spur and accelerate the growth of innovation-focused companies at various levels of revenue and funding stages during the startup lifecycle. It’s designed to grow with the company as it scales, supplementing growth during the timeliest need in the startup lifecycle.
NEW JOB INCENTIVE
BRE RETAINED JOB INCENTIVE
SMALL BUSINESS INNOVATION RESEARCH
SECURITY CLEARANCE STIPEND
WHAT CAN THE INNOVATION FUND BE USED FOR?
* The MEDC will identify and vet prospective applications, as well as determine an appropriate grant amount. Grant amounts will depend on the project’s positive impact on the tech ecosystem, available funds and is subject to MEDC board approval.