About Lubbock Economic Development Alliance
The Lubbock Economic Development Alliance’s (LEDA) mission is to promote economic growth by creating high-quality jobs, investing in new capital improvements and improving Lubbock’s quality of life.
Focus Areas
Economic developmentWorkforce and trainingSite selection and real estateBusiness support and small business grants/loansIndustry recruitment (manufacturing, technology, logistics, agriculture/CEA)Incentives and regulatory liaisonForeign trade zone facilitation
Who They Fund
local businessescommunity economic development organizationsentrepreneurs/small business owners
Funding Style
About Lubbock Economic Development Alliance
A $3,133,747 economic-development grant to Plant-as-dnps-003-1 LLC in 2025 captures how the Lubbock Economic Development Alliance operates: it uses large, project-specific awards to support capital investment and job creation. Across the recent grants listed, the alliance backs businesses, educational institutions, and local development projects, with awards ranging from equipment support for school districts to six- and seven-figure grants for firms tied to manufacturing, agriculture, and technology. The pattern fits its stated mission to promote economic growth by creating high-quality jobs, investing in new capital improvements, and improving Lubbock’s quality of life. Recent grantees include Leprino Foods, which received $3,000,000 in 2025, and South Plains College, which received $500,000 in each of 2023, 2024, and 2025. Other recipients such as Bayer Crop Science, Tropicale Foods, X-fab, and Tyler Technologies Inc show that the alliance funds a mix of established companies and local institutions. The portfolio also includes smaller awards to community entities and schools, suggesting a practical focus on the workforce and infrastructure needed to support regional growth.
What Lubbock Economic Development Alliance Funds
Economic development is the clearest throughline in the alliance’s grantmaking. It awarded $3,000,000 to Leprino Foods in 2025 and $2,043,374 to the same company in 2023, both under economic development. Workforce-adjacent funding appears in its support for South Plains College, which received $500,000 in 2023, and in equipment-focused awards to school districts such as Roosevelt ISD for $129,113 in 2023 and Frenship ISD for $65,480 in 2023. The alliance also backs business development infrastructure: Mtbc Beauty Supply received $125,000 in 2024 and X-fab received $75,000 in 2024. Smaller economic development grants to Tyler Technologies Inc and Corteva indicate support for firms connected to technology and agriculture.
How Lubbock Economic Development Alliance Gives
Typical grants cluster around a median of $35,798, with the lower quartile at $17,250 and the upper quartile at $125,000. That spread sits alongside several much larger project awards, so the portfolio combines mid-sized local support with occasional high-dollar deals. The recent grants list shows repeated support to the same recipients across multiple years, including South Plains College, Mtbc Beauty Supply, Bayer Crop Science, Corteva, and Spur ISD. The alliance is a regional funder rather than a broad national grantmaker, and it does not fund individuals or make program-related investments. Active funding resources on its site include listed programs with direct application links for some opportunities, including Lubbock County ARPA Grants and the Support Lubbock Fund.
Financial Snapshot
Annual Giving
$7.5M
Total Assets
$56.3M
Total Revenue
$16.8M
Total Expenses
$12.7M
Typical Grant Size
Most grants fall between $17K and $125K, with a median of $36K.
25th Percentile
$17K
Median
$36K
75th Percentile
$125K
Geographic Reach
Regional7 states funded
Funding intensity
LowHigh
Headquarters
Leadership
JOHN OSBORNE
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