Up to $200,000 nondilutive grants for tech startups

The McKinney Innovation Fund

   Part of the Dallas Fort Worth Metroplex

US Founders – Capital to relocate & ramp up local hires

Non-US Founders – Capital to expand to the US & resources for a soft landing

Are You Eligible for Day-One, Non-Dilutive Capital?

Take 30 seconds to find out if your startup qualifies to apply for funding through the McKinney Innovation Fund.

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Download the Founder Funding Kit

Passed the pre-qual check, but still have questions? The Founder Funding Kit is your next step toward McKinney’s Innovation Fund — a short, founder-friendly guide packed with everything you need to know:

  • Who qualifies for Innovation Fund grants

  • Details on Growth, Expansion, and Recruitment grants

  • A clear application + funding timeline

  • Best practices for bootstrapping while you wait

  • Resources and perks in McKinney’s startup ecosystem

  • Links, tools, and contacts to move fast

It’s a practical playbook designed to help you secure non-dilutive capital and grow smarter.

Download the Founder Funding Kit and take the next step today.

We'll email you the FREE kit.
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The MEDC's Innovation Growth Fund has been more than just startup capital. They create an environment that fosters the founders' success. They do this by creating strategic linkage points between their portfolio companies. A few examples to highlight this would be their Tech Talk initiative brings founders together to discuss the innovations they are driving and the Tech Round Table, which is all about creating a community of people that founders can lean on to talk through their challenges. Come build with us and the MEDC!!!

Ranjith Raghunath CX Data Labs
Platform

beyond money, we're building an ecosystem

Three Tiers of Funding

Growth

Growth Grant: Early-stage startups building traction. This is the entry-point for most startups. It offers up to $200,000 in funding to support your early growth if you locate your primary HQ in McKinney . Typically, 50% of the grant is provided upfront and the remaining 50% is performance-based, paid out over a 3-year term as you hit agreed milestones . Use a Growth Grant to make those first key hires, polish your product, and accelerate customer acquisition.
Most Common

Expansion

Expansion Grant: Scaling startups (Innovation Fund alumni) with rapid growth. This up to $500,000 grant is for startups that have been in McKinney at least a year and have shown significant growth . Think of this as the “level up” once you’ve made great progress with a Growth Grant. Expansion Grants are mostly performance-based, meaning disbursements are tied to milestones like job creation or revenue targets . A startup might graduate to an Expansion Grant after ~1 year of strong growth in McKinney. It’s fuel to keep the momentum going (bigger team, bigger customers, etc.) without taking on equity investors.

Recruitment

Recruitment Grant: Later-stage scale-ups relocating to McKinney. This track also offers up to $500,000 for companies that are a bit further along (often 15–50 employees, and substantial revenue or funding) and decide to move their primary HQ to McKinney  . The amount is calculated based on the number of local jobs you’ll create and their average salaries . Performance-based milestones ensure the grant rewards actual job growth. A 3-year HQ commitment is required here as well . Recruitment Grants are our way of attracting established startups to join the McKinney community – bringing jobs and innovation into town.

Meet some of our Innovation Fund Companies

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Information

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