The Gainesville Economic Development Corporation (GEDC) is a Type B EDC formed in 1994. We are funded by ¼ of 1% of the sales and use tax for the City of Gainesville to assist industrial growth primarily through the following strategies:

  • Retention and Expansion of Existing Businesses
  • Targeted Marketing and Recruitment of New Business
  • Incentives and Infrastructure
  • Talent Development Training through Education Partnerships

The GEDC focus is on primary employers whose companies sell a majority of their products and services to markets outside of Cooke County, funneling those new dollars into our local economy.

DFW growth is headed north which positions Gainesville well for opportunity.  Businesses along I-35 from Austin to Denton are consistently high performers and that growth is moving further north, especially as you consider that the population in the State of Texas is forecasted to double by 2050.

New Market Tax Credit Designation – Recently some of our prime real estate for industrial growth has been designated for New Market Tax Credits, including our Gateway Industrial Park which is shovel ready.  Now is the perfect time to seriously consider making Gainesville your location for business.

Important Announcements Concerning COVID-19 & Economic Disaster Relief