Business Retention Expansion Program

The Business Retention and Expansion Program (BREP) serves as the "extended hand" liaison to assist existing businesses with expansions and/or in resolving critical issues facing their businesses.

MEDC has recently expanded this program to include the recruitment of new technology companies that support and complement McKinney's diverse commercial tax-base.

Project criteria for incentives follow the same guidelines as new development as approved by the MEDC Board. The list of available incentives include:

  • Forgivable Loans for capital investment
  • State Enterprise Zone Program – a competitive State program
  • Engineered Cost Segregation Analysis Information
     

BREP will also facilitate access to other capital and lending sources offered such as the State Emerging Technology Fund, the Export-Import Bank of US, Angel investing, local banks, SBA, and others.

For more information about MEDC and BREP,email or call Greg Sims or complete our contact form.

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