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News

May 07, 2020

The Texas Governor’s Strike Force to Open Texas has provided Guidelines and Open Texas Checklists to help safely and strategically restart and revitalize all aspects of the Lone Star State. All Texans are called on to act responsibly while helping protect our most vulnerable neighbors. 

Apr 20, 2020
VEDC is partnering with Corpus Christi's Regional EDC to better understand the impact of the COVID-19 crisis on our local business community. We are participating in an impact analysis project as a member of the COVID-19 Business Resources Working Group that is conducting a series of local business surveys.
Apr 14, 2020
Governor Greg Abbott announced that Goldman Sachs and the LiftFund, along with other community development financial institutions (CDFIs), are partnering to provide $50 million in loans to small businesses in Texas that have been affected by COVID-19 as part of the Goldman Sachs 10,000 Small Businesses program.

Education

Victoria has become the location preferred by primary employers. With that designation has come a highly-trained, well skilled work force. Victoria's regional labor force consists of more than 500,000 workers within a 75 minute drive. This number is projected to grow over the coming decade.

  • Texas is a Right-to-Work state.
  • Low union profile in the manufacturing sector.
  • Texas has instituted major reforms in worker’s compensation, lowering employer’s costs substantially over the past several years.

The Victoria College, University of Houston-Victoria, Texas Vocational Schools, and Workforce Solutions of the Golden Crescent graduate students each year that provide a labor force reinforced with customized training skills. Texas has more than $250 million in federal funds available annually for training services to disadvantaged, unskilled and dislocated workers. The Texas sponsored Skills Development Fund is administered locally through Texas Workforce Solutions of the Golden Crescent.

Victoria has a stable, well-trained labor pool available at a cost that ranks below other comparable U.S. markets.

Texas has the nation’s second largest work force with over 11 million workers. Texas also boasts the nation’s third largest pool of graduate scientists and second largest pool of graduate engineers.