Business Expansion and Retention

The City of Dallas believes that a strong and vibrant economy depends first and foremost on the well-being of Dallas’ existing industry base. Existing businesses account for 85% of new job growth; small businesses typically account for 75% of those new jobs. To this end, an integral part of our economic development strategy is to build an effective Business Expansion and Retention Program that focuses on partnerships with the business community to address obstacles to expansion in Dallas.

One of the most important activities undertaken by the Office of Economic Development is to demonstrate support for local businesses and identify immediate issues affecting success. We are motivated to improve the local business climate and to broaden the discourse on economic development policies and procedures in order to:

• Identify problems that could cause employers to leave a community;
• Identify opportunities to help companies expand their presence in the community;
• Build and strengthen relationships with individual employers.