ABOUT ECONOMIC GROWTH BUSINESS INCUBATOR

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.

VISION

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

MISSION

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

VALUES

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

AREAS WE SERVE

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.

TRAIN

SUPPORT

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.

SIGNATURE WORKSHOPS

  • 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)

Started a new Business? Beware of Scams!

By Paul Aguilar As a business owner, you're no stranger to the countless decisions and challenges that come with running a company. However, there's a growing threat that every entrepreneur needs to be aware of: mail scams targeting businesses. These scams are...

Securing Your Facebook Account 

By Rutu Ruparel In today's digital age, securing your social media accounts is more important than ever. One of the best ways to protect your Facebook account is by using an authenticator app. This adds an extra layer of security and makes it harder for hackers to...

La Incubadora Podcast: Building a Financial Cushion: Insights from Eduardo Miramontes

By: Rutu Ruparel In today's unpredictable business landscape, having a financial contingency plan is not just prudent; it's essential. Eduardo Miramontes, Member Success Manager at A+ Federal Credit Union, shares his insights on the importance of financial...

Meet EGBI intern: Katherine Garcia

Katherine is a summer intern here at EGBI. She will be going into Junior year in these coming months. She was born here in Austin Texas. She is planning on playing soccer, basketball, and volleyball. She also enjoys skateboarding during her free time.  Are you...

Conozca al pasante de EGBI: Katherine Garcia

Katherine es una pasante de verano aquí en EGBI. Ella entrará al tercer año en los próximos meses. Nació aquí en Austin Texas. En la escuela juega fútbol, ​​basketball, y volleyball. También le gusta andar en patineta durante su tiempo libre. ¿Estás en la escuela? Si...

La Incubadora Podcast: What is La Incubadora Podcast?

My name is Larissa Davila and I am happy to welcome you to our space for small business owners in Central Texas. I am part of the La incubadora podcast and this project is part of an economic broad business incubator. EGBI is a local non-profit organization in Central...

Meet an EGBI client- Yesenia Gonzales

I am of Mexican origin, I have been living in the Austin Tx area for some years, I am the wife of Mr Jorge Soto and mother of 2 children Jorgito and Samantha Soto. We have 2 dogs that are part of our family Covid and Sky. Personally, I like walking in nature, reading...

Meet an EGBI client- Hortencia Alvarez A.

I was born in an ejido in Coahuila Mexico, and when I came to the United States at a very young age, I went to public schools here in Austin. I have 4 adult children and 5 grandchildren which I am raising 3 of them aged 4, 3 and 7 months. So I started creating again....

Meet EGBI intern- Michael Arroyo 

Michael is a summer intern here at EGBI. He is also an  incoming sophomore. He was born here in Austin Texas. In school he is in a marching band and he wants to stay in it all throughout high school. Another thing about him is that he loves cats.  Share a...

Meet an EGBI Intern- Eileen Huang 

Eileen Wu is a rising junior in High School. At school she enjoys being a part of the Band as a clarinet player and section leader! In her free time, she likes riding her bike and drawing. She doesn’t really know what she wants to do in the future, but something to...

Contact Us

(512) 928-2594

Follow us on Social Media

Subscribe to our News Letter