Foreign Trade Zone Coming soon!
Economic Recovery Resources
341 N. Moon 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.
Foreign Trade Zone Coming Soon!
The City of Socorro has filed an application with the Foreign Trade Zone Board to become a grantee of a new Foreign Trade Zone in Socorro, Texas.
What is an FTZ?
Foreign-Trade Zones (FTZ) are secure areas under U.S. Customs and Border Protection (CBP) supervision that are generally considered outside CBP terrirory upon activation. Located in or near CBP ports of entry, they are the United States version of what is known internationallly as free-trade zones.
What are the benefits of an FTZ?
- Goods may be exported from the zone free of duty and excise tax
- CBP security requirements provide protections against theft
- Merchandise may remain in the zone indefinitely, whether or not subject to duty
- Among other benefits
Want to do business with us?
📞 Contact Jose Quinonez at 915-858-2915 ext. 5016 or firstname.lastname@example.org for more information
CURRENT Assistance Programs
The Socorro Small Business Recovery Program is NOW CLOSED. Check back soon for new programs.
📞 For more information on assistance programs available through other organizations, contact Jose Quinonez at 915-858-2915 ext. 5016
Check BACK SOON!
Check back soon!
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