At this workshop, learn about the Woman Owned Small Business and the Economically Disadvantaged Woman Owned Small Business programs, the benefits of being an Women-Owned Small Business certified firm, and if you qualify for the WOSB or EDWOSB program. In addition, participants will learn about the WOSB’s application process. If a woman owns or controls your business, and you have a product or service you can sell to the federal government,…
Region 6 Small Business Advocate Rhett Davis of the SBA’s Office of Advocacy host two local small business regulatory forums March 28. The forums are held in an effort to further the goals of presidential executive orders on regulatory reform. The goal of the visit is to hear directly from small business owners about federal regulations that concern them. This is an opportunity for small businesses to educate the Office of Advocacy through first-hand…
South Texas small businesses are now eligible for the SBA’s 2019 Emerging Leaders Initiative. The program provides “no cost” intensive entrepreneurship education as well as training to those who want to elevate their businesses to the next level. As an offering from the Lower Rio Grande Valley District Office, the course includes nearly 100 hours of classroom time. Participants also have opportunities to work with experienced coaches and mentors. Additionally, small business owners and…
As a former small business owner and entrepreneur, I know first-hand the support, resources and access to networks and financing that entrepreneurs need. While there are many businesses that experience success, the fact remains that only half of all small businesses survive more than five years (source: SBA Office of Advocacy); and about 10-12 percent of all employee-based firms close each year. There is growing evidence, however, that connecting a business…
If you are starting a small business, there is no shortage of advice on the steps you should take: registering your business name, getting a Tax ID, deciding on a business structure and applying for the needed permits and licenses. While these are all very important steps to take, a business plan will be central to how you start, grow and develop your business. Here are five reasons why you…
The Small Business Administration estimates about 627,000 new businesses open every year. It might be a hobby to earn extra income, or a long-standing idea you finally want to act on. Whatever the motivation, there are resources available for people who want to launch a business in 2019. One of the organizations aspiring business owners can turn to is the Small Business Development Center housed at The University of Texas Rio Grande Valley. Center…
Linda McMahon and her husband took a small regional business and built it into a multinational powerhouse brand known as WWE. For non-wrestling fans, that stands for World Wrestling Entertainment, a media and entertainment company primarily known for professional wrestling. Active in WWE from 1980 to 2009, serving as president and CEO, McMahon left the company to mount two unsuccessful runs for the U.S. Senate in her home state of…
The U.S. Small Business Administration has appointed Justin Crossie as the regional administrator for SBA’s Region VI, which includes the Lower Rio Grande Valley District. Crossie now leads 10 district office directors, serving more than 3.8 million small businesses. Offices under his direction are in Arkansas, Louisiana, New Mexico, Oklahoma and Texas. Crossie will lead the delivery of SBA’s financial, entrepreneurial development, government contracting and international export initiatives. He will also head…
This week is the U.S. Small Business Administration’s National Veterans Small Business Week, highlighting the different facets of the veteran business community. Locally, the Lower Rio Grande Valley office of SBA is in the middle of the celebration, offering events, many of which take place in the next days. This year’s theme, “Our #VetBiz Community,” showcases the various facets of the veteran business community, ranging from the prospective or existing veteran…
Nominations are now open for both the SBA National Small Business Week awards and the Lower Rio Grande Valley District Office awards. While nominations are open until Feb. 15 for the local level, national nominations are due Jan. 9. Both individuals and organizations dedicated to the support of the small business community in the United States may submit national or district office nominations. Additionally, businesses may self-nominate. “During National Small…