Business Retention Expansion Program

The Business Retention and Expansion Program (BREP) assists 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.

Contact John Valencia, Director of BREP and Emerging Technology, for more information.

See Major Employers.