The program is also used as a financial incentive for new companies to locate in Texas. The Skills Development Fund, established by the Texas Legislature in 1995, is designed to help Texas public community and technical colleges finance customized job training for Texas businesses. Businesses and labor unions that form partnerships with local community colleges and technical schools may apply. The Smart Jobs Fund and the Skills Development Fund are designed to compliment each other in training the work force for tomorrow's demands. The Texas Department of Economic Development has a special office that helps domestic and international companies quickly identify the necessary state permits and licenses they will need to do business in Texas.
History leaves Texas with a legacy of economic resilience and transformation.
Taken as whole, these advantages make Texas an ideal location for international business activities.