Frisco Economic Development Corporation

Incentive Process

08/09/2010 — admin

The Frisco Economic Development Corporation Board of Directors and staff are committed to our business community and seeing it grow. Once a project is identified we have a five-step incentive process to get an incentive agreement moving forward.

The process is:

  • A Project qualified by FEDC staff
     
  • The Company submits Economic Impact Survey (EIS)
     
  • The FEDC staff negotiates and drafts economic incentive proposal based on projected Economic Impact of the project
     
  • The FEDC attorney prepares Performance Agreement
     
  • The Performance Agreement is taken to the FEDC Board of Directors for consideration.