Financial Assistance

The Business Incentive and Loan Program is targeted toward new or existing manufacturing or industrial businesses that require land, buildings, and/or equipment to expand in Borger. Applications are considered on a case-by-case basis. In some cases, loans can be partially forgiven in exchange for the company meeting certain job creation requirements.

Types of Businesses Eligible for Grants or Loans

Manufacturing
Industrial
Distribution
Regional Wholesaling
Service (relating to manufacturing, industrial, distribution and wholesaling)
Technology Firms
Others on a case-by-case basis

Example of Types of Projects Eligible for Funds

Acquisition or construction of business facilities for lease or ownership
Improvements to facilities that are leased to companies
Loans to companies for equipment purchases
Loans to companies for purchase of land
Grants to companies for technology development
Extension of utilities, roads, and rail service to industrial parks, sites, and buildings
Others on a case-by-case basis

Assistance for Small Businesses and other Other Businesses

Borger, Inc.'s Small Business Growth Program provides matching grants to small businesses that are new or expanding in Borger and is available for retail, restaurant, or service-based businesses. Please call 806-521-0027 for more information.

Commercial Building Improvement Program (“Vacant Building” Program)

Borger, Inc.'s Commercial Building Improvement Program provides matching grants for the renovation and rehabilitation of vacant commercial properties in Borger. Subject properties must be leased or occupied by a new or expanded business following the completion of improvements. Please call 806-521-0027 for more information.

Corridor Revitalization Grant Program

Borger, Inc. aims to help revitalize key corridors and “gateway” entrances in Borger. You can find information about this program and eligible properties here.

For information regarding incentives or a possible relocation of a business to Borger, contact:

Borger Economic Development Corporation
Katie Lingor, Executive Director
1111 Penn St
Borger, TX 79007
Phone: (806) 521-0027
E-mail: klingor@borgeredc.com

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