Economic Recovery Resources
860 N. Rio Vista Rd.,
Socorro, TX 79927
Monday – Friday
8:00 AM – 5:00 PM
Economic REcovery Office
The West Texas region is known for its mild climate and is poised for rapid growth. This region enjoys the beautiful desert mountains and great sunsets. Socorro is primed to capitalize on the growth given its strategic location on the US-Mexico border, three miles from the Ysleta Port of Entry, and access with coast-to-coast trade.
Socorro is located off I-10, and State Highway 20 (Alameda Ave.) within the El Paso metro area. It is perfectly situated as a distribution hub. 70% of the United States population is accessible within 48 hours of Socorro via highway travel! In addition, Alameda Ave. and the new Nuevo Hueco Tanks Rd. provide redundant access to major distribution centers assuring the business community of uninterrupted logistics systems. Socorro is the fastest growing city in El Paso County, growing by over 5 % in the last four years. It is in El Paso County and is the second-largest city with over 34,300 residents within the El Paso metro of over 865,000.
Socorro is a business-friendly community that encourages companies to relocate and thrive here! The low cost of living with a comfortable lifestyle encourages employees to make their homes here.
Socorro offers shovel-ready sites at the new Socorro Logistics Center, Quality of Place in the historic mission valley, and affordable housing in its new subdivisions off Nuevo Hueco Tanks Rd. The city is ripe for bed and breakfast, mid-tier hotels, and retail development along its fast-growing corridors. Incentives are available for key industries. Site selectors should contact the Economic Recovery Coordinator for assistance.
Socorro Business Hub
If you own a small businesses or are thinking about starting a businesses, join the Socorro Business Hub online! The Hub is an online resource community that connects your small businesses to other entrepreneurs, resource partners, and business opportunities. Get up to date notifications on business grants, loans, meetings, networking events, and resources.
GET CONNECTED! Scan the QR Code below, or click HERE to register and access the hub today.
Únase a nuestra comunidad “Socorro Business Hub” para conectarse y mantenerse informado sobre subvenciones, reuniones y eventos para pequeñas empresas. Use el código QR para conectarse, o OPRIMA AQUI, para conectarse.
Scroll below for a preview of the resource compass available on the Socorro Business Hub. To access all resources available on the Hub, scan the QR Code above, or click HERE.
CURRENT Assistance Programs
The Socorro Small Business Recovery Program is now taking applications from small businesses affected by COVID-19 and located in Socorro, Texas. Please see the flyers below for more information, and click HERE to apply.
Texas Travel Industry Recovery Grant Program
The Texas Travel Industry Recovery Grant Program is NOW TAKING APPLICATIONS! Approximately $180 million in funding is available for applicants in the travel and tourism industries. Eligible applicants may receive a one-time grant of up to $20,000.
Who is eligible to apply? Businesses in the following industries: arts, entertainment, and recreation; food services and drinking places; traveler accommodation; RV parks and recreational camps; traveler arrangement and reservation services; convention and tradeshow organizers; breweries; wineries; and distilleries.
Head to the TTIR Portal by clicking below, learn about the program, and apply as soon as possible.
Socorro business newsletter
Sign up to receive news about new small business programs, grants or loans directly to your inbox. Unsubscribe at anytime.
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