Austin Economic Development
Also known as: AED
Key facts
- Latest action
· City Council
Amount: $432K
- Money
$7.7M in total financial activity across agenda items that mention this department.
Largest single item: $4.8M on (Authorize a 10-year Business Expansion Program agreement with Base Power Company for a performance-based incentive tied to creating 500 jobs, plus a transfer to the Childcare Assistance Reserve Fund.)
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Activity Timeline
September 2026
Authorizes a contract with Kiva Microfunds to manage revolving funds for matching crowdfunded small business loans for Austin Economic Development, three-year initial term with four one-year extensions, not to exceed $432,000.
Authorize a contract for managing revolving funds for matching crowdfunded small business loans for Austin Economic Development with Kiva Microfunds, for an initial term of three years with up to four
Authorizes a contract with Kiva Microfunds to manage revolving funds for matching crowdfunded small business loans for Austin Economic Development, three-year initial term with four one-year extensions, not to exceed $432,000.
Authorize a contract for managing revolving funds for matching crowdfunded small business loans for Austin Economic Development with Kiva Microfunds, for an initial term of three years with up to four
Authorizes a one-year contract with Peoplefund, with up to two one-year extensions, for a small business interest loan buydown pilot program for Austin Economic Development, not to exceed $1,500,000.
Authorize a contract for a small business interest loan buydown pilot program for Austin Economic Development with Peoplefund, for a term of one year with up to two one-year extension options in an am
Authorizes an interlocal agreement with the UT McCombs School of Business for Austin Economic Development to plan and run a small business plan pitch competition over two years, not to exceed $250,000.
Authorize negotiation and execution of an interlocal agreement with The University of Texas McCombs School of Business for Austin Economic Development to plan and execute a small business plan pitch c
Authorizes an amendment to the interlocal agreement with Workforce Solutions Capital Area Board for the Austin Infrastructure Academy, extending the contract term by 12 months, adding three one-year extension options, and adding $2,550,000 in funding for a revised total not to exceed $7,550,000.
Authorize negotiation and execution of an amendment to the interlocal agreement with Worksource - Greater Austin Area Workforce Board d/b/a Workforce Solutions Capital Area Board, for the Austin Infra
July 2026
Public hearing and emergency ordinances to set the 2027 assessment rate and assessment roll, and approve the 2027 service, assessment plan, and budget update for the South Congress Preservation and Improvement District.
…tion is estimated to produce $ 281,330 at an 85% collection rate. JoAnn.Fabian@austintexas.gov
Briefing on proposed City Code amendments allowing Austin Arts, Culture, Music and Entertainment to manage permits for special events at certain parks.
Briefing on amendments to City Code related to Austin Arts, Culture, Music and Entertainment (ACME) managing permits for special events that occur at certain parks. [Angela Means, Director; Morgan Mes
May 2026
Provides a briefing on a community-engagement plan and cost assessment for renaming Cesar Chavez Street.
…Works, Matthew Schmidt, Division Manager - Economic Development]. catie.powers@austintexas.gov
Amends a prior resolution to transfer the Texas Enterprise Project nomination from Spansion LLC to Spansion Fab 25 LLC.
Approve a resolution amending Resolution No. 20250227-007, which nominated Spansion LLC, located at 5204 East Ben White Boulevard, Austin, Texas 78741, for designation by the Governor’s Office of Econ
Briefing on Austin Economic Development small-business initiatives, including the Austin Kiva Hub crowdfunded microloan program, a loan buy-down program, and Austin Small Business Week.
Briefing regarding updates on small business initiatives within Austin Economic Development including the Austin Kiva Hub program offering crowdfunded microloans to local entrepreneurs, loan buy-down