Bellmead, Texas is located just to the North of Waco at a hub among seven state crossroads on the Interstate 35 corridor. Also located nearby are McLennan Community College (MCC) and Texas State Technical College (TSTC) who both provide an abundance of workforce training programs. Baylor University, only three miles to the south, partners with businesses through the Baylor Research and Innovation Collaborative (BRIC).

The Bellmead Economic Development Corporation (BEDC) offers incentives to businesses with a large economic impact willing to relocate to Bellmead. The Board meets on the first Monday of every month at 5:30PM in City Hall.