Economic Development Week: Royse City CDC Showcases Resources to Empower Businesses!

Royse City Community Development Corporation is excited to celebrate Economic Development Week (EDW) from May 6th - May 10th. EDW, established by the International Economic Development Council, highlights the importance of economic development in our region and across the globe.

“Economic development is crucial to Royse City’s growth and prosperity. It encompasses various initiatives, from attracting new businesses to supporting existing ones, creating new job opportunities, and enhancing our community's overall quality of life,” stated Charles Houk, Executive Director of Royse City CDC. "Through our efforts, we aim to foster a supportive environment for businesses to thrive and contribute to our region's economic growth,” he said.

Understanding the Role of Royse City Community Development Corporation 

Economic development is crucial in enhancing Royse City’s financial well-being, wealth, and overall quality of life. Economic development involves various activities to attract, create, and retain jobs to foster a resilient and growing economy. This collaborative effort requires close coordination between businesses, government entities, and various community stakeholders to achieve sustainable success.

Royse City Community Development Corporation supports businesses in Royse City, Texas. Our services include:

• Business Retention & Expansion (BRE): Support existing businesses to thrive and expand, creating jobs through infrastructure improvements and resource access.
• Marketing & Attraction: Develop and execute campaigns to attract businesses and talent, showcasing community strengths to internal and external audiences.
• Entrepreneurship and Small Business Development: Support small businesses and entrepreneurs with access to capital, space, and technical assistance.
• Real Estate Development: Engage in projects like industrial parks and incubators to stimulate economic growth.
• Incentives: Help businesses access financial services and incentive programs for growth and expansion.
• Workforce Development: Collaborate with agencies to ensure a skilled talent pool, understanding and addressing company workforce needs.

Driving Economic Development: How Royse City Community Development Corporation  Supports Business Success

Royse City is one of the fastest-growing metropolitan areas in the United States. Located off of I-30, with Hwy 66 running through it, Royse City provides direct access to Dallas and beyond. Texas has a robust infrastructure system that has supported the state’s continued growth. The interstate links Royse City with the rest of Texas and major metropolitan areas in nearby states like Louisiana, Oklahoma, Arkansas, Mississippi, and Tennessee. 

The Royse City CDC offers business incentives on a case-by-case basis. Certain businesses may qualify for tax breaks when developing property or creating jobs within the city. In addition, statewide incentives like the Capital Access Program, Events Trust Fund, Governor’s University Research Initiative, Industrial Revenue Bonds, Opportunity Zones, Product Development, and Small Incubator Fund make Texas the best place to do business in the country. Businesses and site selectors are invited to contact the CDC for more details.

Royse City Community Development Corporation: Your Partner in Business Growth and Development

During EDW, we celebrate the hard work and dedication of our economic developers and local leaders, who are committed to driving economic growth and improving our community's quality of life. We invite you to join us in recognizing their efforts and learning more about economic development's impact on our region.

To learn more about how Royse City Community Development Corporation can support your business or to get involved in our economic development initiatives, visit https://www.roysecitycdc.org or contact us here.