Equip Harlingen Matching Grant Program

The Equip Harlingen grant program, offered by the Harlingen Economic Development Corporation (EDC), is a small business matching grant designed to provide financial assistance of up to $3,000 for new equipment purchases. This program is rooted in the EDC's mission to foster economic development within the City of Harlingen. By supporting businesses in expanding their production capabilities, the grant directly aligns with the foundation's strategic priority of stimulating economic activity and promoting job retention and creation. The underlying theory of change is that direct investment in local businesses' operational capacity will lead to increased production, sales, and ultimately, a more robust local economy with sustained employment opportunities. The primary target beneficiaries of the Equip Harlingen grant are for-profit commercial businesses located within the city limits of Harlingen, TX. Specifically, the program targets businesses that have been operational for at least one full year, occupy commercial space, and have fewer than 20 employees. This focus aims to bolster the small to medium-sized business sector, which is often a significant driver of local economies. National chains or franchises with more than three locations, and establishments with more than two locations, are explicitly excluded to ensure the benefits are concentrated on local, independent businesses. The program's core priorities and focuses revolve around supporting businesses in increasing production, expanding operations, and generating more sales through the acquisition of new equipment. Eligible expenses are strictly defined as new equipment under warranty that will directly enable these growth objectives, such as stoves, ovens, lathes, and tooling machines. The emphasis is on equipment that is essential for the creation of more products, indicating a clear focus on manufacturing, culinary, and other production-oriented businesses. The expected outcomes of the Equip Harlingen grant include the retention and creation of jobs within business enterprises in the City of Harlingen, leading to further economic stimulation. Measurable results are tied to the financial assistance provided, which is 50% of incurred equipment costs, not exceeding $3,000. While not explicitly stated as metrics, the program's success would likely be measured by the number of businesses supported, the direct increase in production capacity reported by recipients, and ultimately, the impact on local employment figures and sales tax generation. The requirement for applicants to generate local sales taxes reinforces the program's aim to contribute to the city's overall economic health.