Page 47 - CityofArlingtonFY26AdoptedBudget
P. 47
Business Plan
Grow Our Economy
Forge Local Business Community
Project Performance Measure(s) Department(s)
Small Business Initiative Interactions with Existing Small Economic Development Services and
Businesses Economic Development Corporation
Summary:
The Arlington Economic Development Corporation (EDC)
is launching new initiatives to support small businesses
and strengthen Arlington’s economy. Programs include the
LiftFund Interest Buydown Program, Arlington Business
Certification Program, the relaunch of the Strategic
Solutions Fund with TMAC, and Industry Specific Cohorts.
Each program has defined performance indicators:
• LiftFund: Measures include number of
businesses served, loan amounts, job creation,
business expansion, and customer satisfaction
• Business Certification: Tracks enrollment,
certification completion, and expanded market
access
• Strategic Solutions Fund: Evaluates company
support, fund disbursement, and project types like
waste reduction and automation
• Industry Cohorts: Assesses enrollment,
attendance, completion rates, capital access, and
revenue growth
These efforts align with the mission to build a vibrant,
globally connected, and innovative community.
FY 2026 Proposed Budget and Business Plan 41 City of Arlington, Texas
