Who We Are
The Gun Barrel City Economic Development Corporation (EDC) is a community team made up of resident executives and business owners, responsible for attracting new investment and helping expand existing businesses within the city. With a seven-member board and two person office staff, the Gun Barrel City EDC is funded by a $.0025 sales tax.
What We Do
The Gun Barrel City EDC provides business assistance to qualifying companies. They evaluate incentives for businesses to locate or expand in the Gun Barrel City area and base their findings on taxes assessed and paid, the number of jobs created or retained, wages paid, local purchases of products and services, indirect employment gains, and the general benefit of furthering the mission of the Gun Barrel City EDC. Businesses with bases in manufacturing, production, medical/health, hospitality, and distribution are high-demand. Funds may be used in land lease/purchase, building lease/purchase, rehabilitation or construction, capital equipment purchase, infrastructure improvements or employee training. Funds may not be used for venture or equity capital, working capital/inventories, or personal loans. Forms of business assistance include loans/loan guarantees, SBA 504, SBA 7(A) guaranteed and direct loans, and the rural economic development fund.
If you are evaluating communities for locating your business, we hope you'll take the time to review the information on this site, then give us a call at (903) 887-1899. You'll find an informed staff and enthusiastic Board of Directors ready to work with you to help you thoroughly evaluate our city and the opportunities it presents for an attractive lake lifestyle and an excellent location for your business.