Harlingen EDC wishes to hear from regional small businesses

HARLINGEN, Texas – Harlingen Financial Advancement Corporation has released a study to test the pulse of the city’s smaller company group.

It is titled Harlingen Tiny Enterprise Survey 2023. 

The study involves issues like what variety of difficulties are enterprises facing, what type of education they have to have or have taken, and if grant money ended up obtainable to them, how they would use them. 

Beverly Loftus, HEDC interim manager and CEO, said the survey will help HEDC with the foreseeable future development and preparing of assets, courses, grants, and instruments essential to provide the Harlingen modest business enterprise neighborhood. 

“As Harlingen proceeds to grow, we want to help our modest organization group to succeed and meet the needs of a transforming economy,” explained Loftus, pictured above, stated. 

“We want to know wherever they are slipping small and help the place we can, but very first we will need to listen to from our enterprise proprietors.”

The HEDC at this time offers plans and products and services to tiny organizations by means of partnerships with the University of Texas Rio Grande Valley, and UTRGV’s Smaller Business enterprise Development Centre. 

Loftus reported just one precise method sponsored by the HEDC is UTRGV’s Kauffman FastTrac training course, which offers business owners the instruments to efficiently launch and grow their corporations. 

She said that all through the peak of the COVID-19 pandemic, as companies had been pressured to shut down and lay staff off, HEDC stepped up and available a compact business bank loan software, acknowledged as Harlingen Can help. 

“The software served far more than 50 Harlingen firms and lent almost $500,000 to businesses that they utilised to pay out expenses, rent, payroll, provides, and other business enterprise-associated expenditures. Max sum gained for every financial loan was $10,000. The loans have been later on forgiven and turned into grants,” an HEDC information release states. 

Loftus said extra recently, the HEDC has supported compact corporations with its newest grant software, Revitalize Harlingen. She said this system gives economic support to suitable industrial corporations or house homeowners to make the most of to storefront improvement and renovation expenses. 

Loftus said that as cash and possibilities are manufactured offered, the HEDC plans to continue on to enable Harlingen small enterprises mature and wishes to master a lot more about the requirements of this thriving neighborhood. 

“We are aware of the requires of our little small business house owners, and we want to present the most effective assistance we maybe can, and have established the Harlingen Smaller Business enterprise Survey that we hope will give us some perception,” reported Loftus.

Eric Ziehe is HEDC board president. He stated: “We stimulate our modest enterprise house owners to get this study, it will permit us to assist them as most effective as we probably can. As we attract new business, we also want to make certain that our community small business group is sturdy and prosperous.” 

Editor’s Notice: Click right here to take part in the Harlingen Smaller Small business Study 2023.

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