We love the fact that we are located in Austin, it is a great place for small businesses! There are tons of resources available for entrepreneurs like you. At EGBI we equip you with the toolset that will help you establish a business and succeed as a business owner – and we work hard to be the best resource for you. However, we want to make you aware of other valuable organizations in our city that can also help you along the way.
Important links for start up businesses
Food Trailers (Article by Austin Chronicle)
Counseling, Training and General Resources
SBA offers a variety of programs and support services to help you navigate the issues you face with your initial applications and resources to help after you open for business.
The City of Austin SBDP provides counseling, assistance and business solutions to emerging small businesses. SBDP develops and empowers small businesses in order to strengthen their business capability and survivability.
SCORE is a nonprofit association dedicated to helping small businesses get off the ground, grow and achieve their goals through education and mentorship. They provide mentors, counseling, tools and workshops at no charge or at very low cost.
BCL of Texas’s goal is to increase employment and economic development by stimulating the flow of capital and modernization of small businesses in the BCL of Texas region
BiG Austin assists small businesses to successfully grow by providing comprehensive education, tailored business counseling and flexible loans.
LiftFund’s mission is to provide credit and service to small businesses that do not have access to loans from commercial sources and to provide leadership and service to the micro lending field on a national level.
PeopleFund provides small business loans as well as business assistance and education to people with otherwise limited access to such resources.
Through the GAHCC Cash Flow Resource Center, businesses benefit from direct contact with financial industry experts. These consultants represent a diverse number of traditional and non traditional capital resources.
Some people sell their structured settlements for the same reason: A major life change just took place or is about to happen, such as starting a business. Annuity.org buys structured settlements to cover all types of life events.
The City of Austin Small & Minority Business Resources (SMBR) provides certification services to businesses that qualify as a Minority, Women and/or Disadvantaged Owned Business. SMBR also has a certification as a Small Business Enterprise for construction projects with an estimated budget of less than $50,000.
A HUB is a business that is at least 51% owned by an Asian Pacific American, Black American, Hispanic American, Native American and/or American woman; it is a for-profit entity that has not exceeded the size standards prescribed by 34 TAC §20.23, and has its principal place of business in Texas; and it has an owner residing in Texas with a proportionate interest that actively participates in the control, operations and management of the entity’s affairs.
* Vendors may also receive HUB certification by way of a certification memorandum of agreement the Statewide HUB Program has entered into with the City of Austin SMBR.
SMBR promotes and encourages MBEs and WBEs to participate in business opportunities with the City of Austin; afford MBEs and WBEs an equal opportunity to compete for work on City contracts; and encourage bidders to provide subcontracting opportunities to certified MBEs and WBEs by soliciting firms for subcontracting opportunities.
The CMBL is a master database used by State of Texas purchasing entities to develop a mailing list for vendors to receive bids based on the products or services they can provide to the State of Texas. Manufacturers, suppliers, and other vendors wishing to furnish materials, equipment, supplies, and services to the state should register for the CMBL to receive bidding opportunities. The CMBL annual registration fee is $70.00 and may be paid on-line by credit/debit card or check debit (US addresses only) or via a printable application.
Trade & Export
Among other information, the site includes links to websites that provide Texas small businesses with the necessary resources to take advantage of export opportunities and the growing global marketplace. Small businesses will find information including trade counseling, training, legal assistance, and publications to help them get to the next level of global competition.
The Austin U.S. Export Assistance Center of the U.S. Department of Commerce is part of the U.S. Foreign Commercial Service, a federal agency with an extensive network of trade specialists located in the U.S. and throughout the world devoted to assisting U.S. companies expand their international business presence.
Through the fostering of partnerships and collaborations, researching and sharing of labor market and economic information, identifying workforce needs of employers and residents, and consulting and advising on public policy, Workforce Solutions helps to connect and align the efforts of the regional workforce system. Together we are enabling people and businesses to be competitive in a global market.
List of Hiring, Training and Outplacement services available to small businesses.
Chambers of Commerce and Trade Associations
Its mission is to provide leadership that facilitates the creation of a prosperous regional economy and effective advocacy for our Members.
Its mission is to build their members’ wealth…through programs and services in economic and workforce development, business networking, and community and policy advocacy.
Mission is to provide and support advancement for economic growth of the members of the United States Hispanic Contractors Association de Austin and our regional community.
Its mission is to promote the development of African-American businesses and the expansion of the Greater Austin business community by providing resources, technical assistance, and leadership on policy issues that enhance economic growth and by promoting convention and tourism.
Its mission is to promote, business and economic development opportunities for African American contractors and other small minority contractors in the Austin Metropolitan Area.
Our mission is dedicated to the prosperity of the greater Austin area’s Asian American businesses and their business partners so that our community will continue leading in economic growth, development and inclusion.
Why do Small Business Owners Matter to Texas?
- Small businesses account for the majority of the employers within the State of Texas, and are a driving force behind our economy. New business creation is vital to our ability to increase the gross state product, state personal income, and total state employment.
- There are more than 2.2 million small businesses in Texas. Of these, more than 390,000 were direct employers, and they accounted for over 45% of private-sector jobs in the state. Small firms made up more than 98% of the state’s employers.
- Business ownership is becoming more diverse and inclusive in the state. In the last decade, the number of both women and minority small business owners has grown. In particular, minority-owned businesses recently numbered over 725,000.
Source: Texas Wide Open for Business, 2012