The City of Austin's Economic Development Department supports and recruits creatives, non-profits, and businesses to Austin through all divisions. The Department includes six dynamic, collaborative teams: Cultural Arts, Global Business Expansion, Heritage Tourism, Music & Entertainment, Redevelopment, and Small Business. These teams work together to ensure all Austinites have access to economic opportunities and cultural amenities. 
Our mission is to promote a competitive, sustainable and equitable economy for all.
Sylnovia Holt-Rabb, Director of Economic Development Department
A Message from the Economic Development Department Director
Reflecting on our economic development efforts in 2022, I am proud of the continued support to create balanced communities in Austin. We remained focused on strategic programming that resulted in growth and retention of small, local businesses while reimagining how we equitably fund our creative industries. We celebrated critical milestones to bring long-term projects to fruition that will expand opportunity for Austin neighborhoods. While you read through our 2022 Annual Report, we hope you notice how interconnected our work is and see how this work positively impacts your own life here in Austin.
- Sylnovia Holt-Rabb

2022 Annual Highlights

7,757,960 Grant Money Distributed
38,705 Jobs Supported by Economic Development Department Programs and Services
$32,388,661 Revenue Generated by Economic Development Department Service

Our Work

Select each image below to explore

Create and Retain Jobs (click to read more)
Amplify Creative Industry (click to read more)
Build Equitable, Accessible, and Affordable Communities (click to read more)
Cultural Arts
Provides programs and initiatives integrating arts into economic development, tourism, community development, and commercial neighborhood revitalization strategies. Highlights: Cultural Funding Program, African American Cultural and Heritage Facility, UNESCO City of Media Arts 

Global Business Expansion
Increases jobs and investment in Austin with programs that support business expansion and attraction. Highlights: International Business Development, Business Expansion Support & Funding

Heritage Tourism
Programs aimed to attract tourists by preserving historic buildings, sites, and districts. Highlights: Historic Preservation Grants, Heritage Tourism Wayfinding Signage

Music & Entertainment
Programs that support Austin’s venues, commercial music businesses, and musicians. Highlights: Creative Space Assistance Program, Film Production Support, Live Music Fund

Facilitates innovative partnerships and projects to re-invigorate Austin neighborhoods and commercial districts. Highlights: Mueller, Seaholm, Colony Park, Red River Cultural District, Souly Districts

Small Business
Provides help to small business owners and people who want to start a small business by offering business training, educational events, and coaching. Highlights: Classes, One-On-One Coaching, Loan Programs
City Manager Spenser Cronk
A Message from the City Manager
The Economic Development Department creates pathways of opportunity for all Austinites. The 2022 programming highlights demonstrate the critical contributions to create and retain jobs; to amplify creative industries supporting Austin’s vibrant identity; and to build equitable, accessible, and affordable communities throughout the city. When you meet with these teams or reach out for help, you can feel the dedication they have for this work. In this report, you will see the incredible outcomes of community members that engaged with the programs and services of the Economic Development Department.
- Spencer Cronk

Contact Us

 Website | Email | 512-974-7819 | Twitter | Facebook
To see the Economic Development Department at work in other City of Austin plans, click on the links below: