SBA San Antonio District Office’s Post

The Formula 1 Grand Prix starts its engines in our District this weekend. According to Forbes, it has brought a total of $7 billion in economic benefit to Austin and the state of Texas over the past 10 years. Last year, the race provided more than 64,000 jobs and had a total economic impact of around $980 million, including $434 million in direct spending and additional millions spent throughout the Austin Area and at #smallbiz establishments according to AngelouEconomics.

Our SADO Team is participating in SA Startup Week, an event aimed at accelerating innovation, investment, impact and growth in San Antonio. There are two more days of activities, information and networking tailored for individuals interested in diving deeper into San Antonio's vibrant startup and small business scene. https://sasw.co/attend/

SADO's Director David Elizondo signed a Strategic Alliance Memorandum with #SALGBTChamber as a commitment to support and provide equitable access and economic opportunity for LGBTQ+ owned and allied businesses. And as we honor #LGBTHistoryMonth, we would like to also acknowledge the incredible work of Alexandra Medina, Archives Clerk at UTSA Special Collections, as she explores, preserves, and shares the archives of the Happy Foundation and its pivotal past players that enriched and shaped San Antonio's history. https://lnkd.in/gDpu_2XP

As we celebrate the last day in #HispanicHeritageMonth, we want to honor last year's #NationalSmallBusinessWeek Minority-Owned Business Winner, Reyes Deisel, who has made great strides this year in his business and for his San Angelo community. Don't forget to apply for this year's nominations 🎖 at: https://lnkd.in/gSWB27F9

We want to thank our fellow SBA colleagues on the ground who are helping those families and businesses in NC, GA, FL, and elsewhere with disaster loan assistance. #HurricanMilton #HurricaneHelene #Staystrong Our hearts and prayers are with all of you.

This important webinar starts in two hours! Oklahoma, Texas Regional Working Capital Pilot Program Webinar with SADO's Annie Hudspeth among the panel. The WCP offers a newly created line of credit, made by 7(a) lenders, and backed by the SBA, designed to give greater flexibility than a traditional loan. With an innovative fee structure to increase flexibility for small businesses and lenders, it provides more options to meet businesses’ specific needs with lines of credit up to $5 million. https://lnkd.in/gzfdfcJs

In Honor of #NationalDisabilityEmploymentAwarenessMonth, we wanted to give a big shout out to Mariah Kilbourne, training coordinator at UTSA SBDC. Ms. Kilbourne organized a whopping 287 training seminars for #smallbiz owners last fiscal year! 👏 👏 👏 From government contracting to social media, she ensured a vast pool of vital information was provided to up-and-coming entrepreneurs. She has written many articles promoting small business and economic development and is an adaptive sports enthusiast and avid concertgoer. She has been honored to serve as Ms. Wheelchair Texas in 2012 & Ms. Wheelchair America in 2013. Get it, girl! 🏆