Economic Growth Business Incubator (EGBI) is a small business incubator or business accelerator established in 2003 in collaboration with several community entities including the Greater Austin Hispanic Chamber of Commerce and the Housing Authority of the City of Austin.

EGBI provides business coaching to entrepreneurs in Central Texas wanting to start and/or grow a lifestyle business. A lifestyle business is often described as a trade or a hobby that has become a reliable source of income which provides needed goods and services to the local community, and it is in the process of becoming the source of income of the entrepreneur’s family to build long-term wealth and a better quality of life.

Up until 2023, our organization has provided over 4,200 hours of business coaching funded by a combination of grants, contracts, and client contributions. The composition of our clients is very diverse, visit our Annual Reports section for the most up to date demographics available HERE.


We believe that all businesses should be profitable, sustainable, and an asset to the community.


EGBI provides training, coaching, and support to aspiring and existing business owners who face barriers to growing a successful business.


  • Be Inspiring
  • Leadership
  • Trust & Honesty
  • Cultural Diversity
  • Resourceful & Strategic
  • Deep & Caring Relationships


We are proud to serve our Central Texas clients in Bastrop County, Blanco County, Burnet County, Caldwell County, Hays County, Travis County, and Williamson County.



EGBI is singularly focused to assist business owners to start or grow a business. We work holistically with clients, providing a comprehensive, “high touch” combination of coaching, training, and networking opportunities to aspiring and existing business owners who might not be well-resourced, business educated or technologically savvy.  All our services are provided in English and Spanish. Currently all our staff members are bilingual; three of which are first language Spanish speakers. If we receive clients with languages other than English or Spanish, we will accommodate translation services.


  • How to test your Business Idea
  • What is a Business Model
  • To whom should you target your product/service
  • How to compete strategically
  • How to make your first budget and financial projections
  • Setting goals
  • Setting Up your Online Presence
  • Financial Record Keeping
  • Managing Risk/Protecting Your Business
  • Marketing Tactics for Beginners
  • Business Taxes Overview
  • Getting into Debt: What you should know about business loans

We dedicate four months to focusing on your business and achieving the next level of success. Learn and practice a process for goal setting and accountability. Join other business owners to learn from each other and get the support you need to plow through your goals.

Some of the topics we touch with our coaching clients:

    • Business plan development
    • Bookkeeping support
    • Marketing assistance
    • Time management training
    • Tech training on useful apps
    • Bidding, contracts, and certifications
    • Tools to help you reach your business goals

Contact Form (Forma de Contacto)

Preferred Langugage (Idioma Preferido)

The Economic Growth Business Incubator receives the Platinum Seal of Transparency for 2024 by Candid.

The Economic Growth Business Incubator (EGBI) receives the Platinum Seal of Transparency for 2024 by Candid. The Platinum Transparency Rating is the highest level a nonprofit can achieve, signifying an exceptional commitment to transparency in sharing, our goals, strategies, financial data, capabilities, achievements, and progress. 

An Internal Gold Mine for Businesses: Existing Clients

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The Best Structure for Your Business

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How Does a Company Determine Who Their Ideal Client is?

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3 tools to level up your finance and accounting operations past the entry-level

By Anwuli Chukwurah Once you have been in business for a while, and your transaction level has increased from 2 per month to over 100 monthly transactions. Business has become more complicated, and it’s become harder to continue using free/low-cost tools to track...

SMBR Announces Partnership with EBGI to Empower Small, Minority and Women-Owned Businesses

FOR IMMEDIATE RELEASESMBR Announces Partnership with EBGI to Empower Small, Minority and Women-Owned Businesses Austin, TX – The City of Austin's Small and Minority Business Resources Department (SMBR) is thrilled toannounce a new partnership with the Economic Growth...

Honoring Frofessional for winning the committee’s Choice Award

By Rutu Ruparel We are thrilled to extend our heartfelt congratulations to FroFessionals for being honored with the Committee's Choice Award from the Austin Community Foundation's Black Fund. This award is a testament to the unwavering dedication of FroFessionals in...

EGBI Recognized for Spirit of Collaboration

By Shamitha Ramanan ​​It's with great pleasure that we announce the recognition of EGBI for a prestigious CAN Butler Award in the Spirit of Collaboration category. EGBI's nomination for the prestigious CAN Butler Award in the Spirit of Collaboration category is a...

Total Eclipse Brings Profit to Central Texas

By Shamitha Ramanan The total solar eclipse will be coming to Central Texas on April 8th with the possibility of one million visitors in our area due to this solistrial event. Businesses should take advantage of the rare event and the opportunity to capitalize on the...

From Battlefield to Boardroom: A 10-Step Guide to Launching Your Dream Veteran Owned Business

Trading military uniform for loafers or heels, salutes for spreadsheets – transitioning from military service to civilian life can be a thrilling yet daunting adventure. But for those with the entrepreneurial spirit burning bright, it's also the perfect time to launch...

The Power of Improvised Speech

By Audrey Stanton Every Wednesday, members of the EGBI Toastmasters club gather to practice their public speaking, presentation, and interpersonal communication skills. The first part of the meeting is probably what you think about when you think about Toastmasters,...

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(512) 928-2594

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