McKinney Innovation Fund is a Texas-based funding initiative designed to attract and support early-stage startups, particularly those willing to build in or expand to the McKinney area within the Dallas–Fort Worth metroplex.
The program offers a mix of non-dilutive funding and growth support, with grants reaching up to $200,000 for tech startups, along with broader funding opportunities in the $50K to $500K range depending on the stage and needs of the company. Because the funding is non-dilutive, founders can access capital without giving up equity, which makes it especially appealing for early-stage teams focused on preserving ownership.
Beyond funding, the program emphasizes more than capital. It is tied to the Innovation Exchange, a physical and strategic hub that provides founders with access to mentorship, resources, and a local network. The goal is to help startups not only secure funding but also establish a strong operational presence in the region.
The fund is structured to support different types of founders:
US-based founders can receive support to relocate and scale hiring locally in McKinney
International founders can access capital and resources to expand into the US market, including assistance for a smoother landing
McKinney itself is positioned as a founder-friendly city, combining a growing innovation ecosystem with a strong quality of life. It is part of the rapidly expanding Dallas–Fort Worth tech corridor and offers a blend of modern infrastructure, a historic downtown, and access to regional business opportunities.
Applications are rolling, and founders can quickly check eligibility through a short pre-screen process before applying. This makes it accessible for startups that are ready to move quickly and capitalize on non-dilutive capital combined with ecosystem support.