Targeting economic development in Odessa

The Odessa Development Corporation (ODC) focuses on Odessa’s economic development and local business retention and expansion. The ODC provides job creation grants, capital investment grants and other incentives for businesses seeking to expand in Odessa. The organization’s services include certificates of origin, business counseling and real estate location.

man with ear and eye protection working on cnc lathe machineMission

  • Create new jobs
  • Grow the tax base
  • Promote business activity and expand business compatible with Odessa
  • Diversify the economy
  • Help build a skilled and educated workforce in Odessa.

The ODC is authorized by the Development Corporation Act of Texas to collect sales tax for economic development incentives. According to by-laws governing the formation of economic development corporations, the Board has an opportunity to contract with any outside entity to serve as the lead economic development agency for the corporation. The Odessa Chamber of Commerce is the agency for the Odessa Development Corporation. Also serving as contract partners with the ODC are the Small Business Development Center, Midland Odessa Transportation Alliance (MOTRAN) and Current Media Partners.