Bastrop EDC
Information
The Bastrop Economic Development Corporation (EDC) is a voter-approved, non-profit organization in Texas focused on promoting economic growth, attracting new businesses, and fostering job creation in the City of Bastrop. It uses a 0.5-cent sales tax to provide incentives, site selection assistance, and infrastructure support to businesses.
Bastrop Economic Development Corporation
4Key details about the Bastrop EDC include:
Mission: To attract, retain, and expand business, particularly in the Bastrop Business and Industrial Park.
Incentives: Offers tax abatements, grants, loans, and, as noted in this article, works to bring in major developments like aerospace companies.
Location Advantage: Capitalizes on Bastrop’s position in the Austin metropolitan area, offering space for development near Austin-Bergstrom International Airport.
Funding: Primarily funded by a ½ cent sales tax.Future: As of late 2025, city officials and voters are reviewing the EDC's effectiveness and future, with some discussions around its structure and need for greater transparency.
The BEDC acts as a "one-stop shop" for companies looking to relocate or expand, helping with planning, permitting, and finding suitable sites.