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.

GRANT TYPES

NEW JOB INCENTIVE

BRE RETAINED JOB INCENTIVE

SKILLS DEVELOPMENT

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.

GROWTH

EXPANSION

RECRUITMENT

Meet some of our Innovation Fund Companies

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