The City of South Padre Island and the South Padre Island Economic Development Corporation are proud to offer Business Incentives to new businesses locating on the Island, as well as existing businesses expanding and creating new jobs to improve the economy on the Island.

Local Incentives

• Chapter 312 Property Tax Abatements
• Chapter 380 Economic Development Agreements
• Sand Dollars for Success Grants
• Façade Improvement Grants
• Kauffman FastTrac Entrepreneurship Scholarships
• Low Interest Loan Program
• Art Business Incubator Program for artists

State Incentives

• Texas Enterprise Fund
• Texas Capital Fund Real Estate Development Program
• Skills Development Fund
• Product Development and Small Business Incubator Fund

Cameron County PACE helps businesses lower their operating costs with 100% Financing for Energy and Water Efficiency in Industrial, Commercial, or Nonprofit Real Estate. Learn More

Federal Incentives

• Opportunity Zone