Texas To Provide Microsoft $4.9M Grant As Part of Las Colinas Workforce Expansion

Texas has awarded Microsoft Corporation a nearly $4.9 million grant as part of economic incentive deal that will bring hundreds of new jobs to the company’s Las Colinas office. Microsoft is expanding its operations in Las Colinas with $31 million in investments and the creation of 575 new jobs, according to a news release from the office of Texas Gov. Greg Abbott. The grant comes from the state’s Texas Enterprise Fund, which is a “deal-closing” grant for companies considering investments in Texas, according to the Governor’s Business and Community Development Division. “We are excited that Microsoft has renewed its commitment to Irving-Las Colinas and believe it’s a testament to our business-friendly climate and high quality of life for companies and their employees,” Irving Mayor Rick Stopfer said in the release. “As a valuable corporate stakeholder in our community, we look forward to working with Microsoft as it builds [its] workforce and creates thousands of valuable technology jobs in Irving.” Click to read more at www.communityimpact.com.