In 2024 the Economic Growth Business Incubator (EGBI) earned the award Grow with Google – High impact Partner from the search engine Google. Grow with Google is an initiative that offers free digital skills and tools to individuals, nonprofits, and small businesses.
EGBI got this award by integrating Google’s resources into their work. They’ve helped hundreds of entrepreneurs gain critical digital skills, such as setting up websites, creating digital marketing campaigns, and managing their businesses using cloud-based tools.
“This recognition highlights our role in bridging the digital divide for small business owners who face challenges in accessing technology or digital resources. We are super proud of it, and we will continue to work on our partnership with Google to remain a High Impact Partner on a yearly basis. These tools are very powerful for small business owners, and we want to deliver them to them within our community,” stated Jose Lopez, director of programs at the local accelerator.
In 2024 the Economic Growth Business Incubator (EGBI) was honored with the CAN butler award from the Community advancement network (CAN). The CAN is a regional coalition that brings together nonprofits, businesses, government agencies, and faith-based organizations to collaborate on solutions that improve the lives of Central Texas residents. They award the CAN butler award for giving collective action and change in the community.
EGBI won the CAN butler award from CAN by their efforts to build strong relationships with each and every one of their clients. At EGBI we believe that the most meaningful change happens when we work together with one another.
“The award highlights our belief that real impact happens through teamwork and shared vision, when we build bridges across sectors, we build stronger communities” Asserted Monica Peña, community relations director of EGBI.
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 testament to its exceptional dedication to community advancement in Austin. Through its innovative programs and initiatives, EGBI has fostered a culture of collaboration, bringing together diverse stakeholders to address pressing issues affecting community well-being. By forging partnerships with civic, business, and community groups, EGBI has amplified its positive impact on the community.
The Butler Awards, named in honor of Fred Butler, CAN’s first Executive Director, hold a special place in the hearts of those who champion community advancement. These awards shine a spotlight on individuals and organizations that exemplify the values of collaboration and leadership.
The core of EGBI’s approach is the belief that collaboration is essential for driving meaningful change. By creating a conducive environment for dialogue and cooperation, EGBI has mobilized collective action to address complex challenges effectively. As we celebrate this achievement, let us acknowledge the tireless efforts of EGBI’s team members, partners, and supporters, whose dedication and passion have been instrumental in driving progress.
We are honored to receive 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.
The Economic Growth Business Incubator (EGBI) provides training, coaching, and support to aspiring and existing business owners who face barriers to growing a successful business. Barriers include education, finance, and language. We believe that all businesses should be profitable, sustainable, and an asset to the community.
Notes from the nonprofit
Economic Growth Business Incubator (EGBI) is a non-profit organization which provides training, coaching, and support to aspiring and existing business owners who face barriers to growing a successful business. EGBI believes that all businesses should be profitable, sustainable and an asset to the community. To that end, we offer a comprehensive package of business coaching, group workshops, and support services for aspiring and existing businesses. We frequently work with micro and small business owners and a lot of the businesses that we work with are still in the design state and are not active yet; or they have been in business for less than five years. Some of the businesses who partner with E.G.B.I. could be considered informal businesses and the owners are ready to transition into a more structured business entity. Typical businesses that partner with E.G.B.I. are mom & pop businesses and lifestyle businesses.
Executive Director: Larissa Davila
Main address
1144 Airport Blvd Ste 260
Austin, TX 78702 USA
Programs and results
What we aim to solve
The Economic Growth Business Incubator aims to be a better organization and increase our impact in the community while moving towards a more self-sustainable model for funding because we want to… Read more
Our programs
SOURCE: Self-reported by organization
What are the organization’s current programs, how do they measure success, and who do the programs serve?
Training, Coaching and Support
EGBI is industry-agnostic, in that we work with aspiring and existing business owners who bring the expertise around their idea; and we bring business practices, strategic thinking, and other resources. Many of our clients come with years of industry experience; but lacking opportunities to advance in their place of employment, choose to start their own business. Their knowledge of the industry gives them the competitive advantage to be successful. However, they often lack the business acumen to manage a successful business. Through our training, coaching, and support services, we assist our clients to understand how to run and manage their business effectively and efficiently.
TRAINING EGBI’s signature program is a two-part, foundational workshop series: Build Your Business PLAN and MANAGE the ABCs of Business. These workshops are geared to help participants focus on their business idea, develop a useful plan, and learn the tools to manage their business.
COACHING EGBI offers private coaching sessions: one-on-one time for clients to explore deeply their business idea and strategy. Coaches help clients develop their business model, create financial projections using spreadsheets, identify specific strategies for marketing their business, and work through next-step action plans with an accountability partner in EGBI. Private coaching often uncovers life issues and barriers in the way of moving forward; and the opportunity to identify experts, resources, tools, and opportunities to resolve these issues.
SERVICES EGBI offers bookkeeping support, helping our clients set up manual systems for very young businesses, and moving to QuickBooks Online as soon as it makes sense. EGBI can offer an hour of questions and answers, set up services, support for payroll through an online partner, and monthly reconciliation services. As part of our monthly service, we review financial statements with our clients, practicing how to use these statements to manage and grow.
