Small Business Resources & EssentialsCITY OF AUSTIN ECONOMIC DEVELOPMENT DEPARTMENTSXSWJULY 2016

The City of Austin’s Economic Development Department (EDD) develops and leads innovative programs that increase the prosperity of all Austinites, our businesses, and our diverse communities.

Austin’s Prosperity Engine

People We build programs that create a better future for all Austinites.

Businesses We help Austin’s businesses and entrepreneurs reach their full potential.

Communities We enhance the livability and vitality of Austin’s diverse local communities and neighborhoods.

Austin’s Prosperity Engine

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City of Austin Economic Development Department Austin’s Prosperity Engine

Prosperity for All People

Prosperity for Businesses

Prosperity for Communities

Cultural ArtsThe Cultural Arts Division executes programs and initiatives that integrate arts into economic development, tourism, community development and commercial neighborhood revitalization strategies.

Creative Industries Development Program

Global BusinessThe Global Business Recruitment & Expansion Division increases jobs and investment in Austin through business attraction and by assisting local businesses with international expansion and trade.

Business Expansion & Relocation Assistance Program

Music/EntertainmentThe Music & Entertainment Division develops and executes initiatives that accelerate the growth of Austin’s music and entertainment industry infrastructure, by focusing on job creation, talent export, trade development, and industry revenue growth.

Music Venue Assistance Program

RedevelopmentThe Redevelopment Division facilitates innovative partnerships and projects to re-invigorate Austin's existing built environment, binding neighborhoods and business hubs into civic urban villages.

Commercial Corridor Enhancement Program

Small BusinessThe Small Business Division provides opportunities. programs and resources to Austin's local businesses and entrepreneurs, helping them expand their opportunities at home and throughout the world.

Family Business Loan Program

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• Over 90% of Austin businesses employ fewer than 100 employees; over 80% employ few than 20

• 2 in 5 Austin workers are employed by a local small business• Austin businesses with less than 20 employees generated an estimated

$15.4 million in sales tax revenue in 2011 with an estimated $20 million in 2015

Small Business in Austin

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Technical Assistance

A resource for entrepreneurs starting a new business or enhancing an existing business.

Technical Assistance Special Events

LocallyAustin.org Family Business Loan Program

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• One-on-one Coaching• Business Development• Accessing Capital• Business Education

Technical Assistance

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• Provide resources and information to navigate the land development and permitting processes

• Monthly Orientation classes to describe the development process to entrepreneurs

Technical Assistance

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Exploring EntrepreneurshipModerated panel discussions to share industry-specific or general small business information

Getting ConnectedBusiness Resource Fair where entrepreneurs and business owners meet and network with local organizations and lenders that assist small

Special Events

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LocallyAustin.org

Invest a minute. Gain a Customer! Zero Cost , Quick Sign-Up, Small Business Map & Directory

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Family Business Loan Program

Public-private partnership to support small business expansion and create jobs.

Lending partners1.Bank Partner: Private Sector Loan Component2.Community Development Corporation: SBA Section 504 Loan Component3.City of Austin: HUD Section 108 Loan Component

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2015 International Economic Development Council (IEDC) Bronze Award – BizAid Program, Entrepreneurship Category

2014 Graphic Design USA American Inhouse Design Awards – Meet the Lender Business Loan Fair

2013 International Economic Development Council (IEDC) Gold Award – LocallyAustin.org, Paid Promotion Campaign Category 2013 International Economic Development Council (IEDC) Bronze Award – LocallyAustin.org, General Promotion Category

2012 American In House Design Award (Utility Insert, Women’s Luncheon, Getting Connected)

2011 Austin Liveable City Vision Award – Economy 2011 International Economic Development Council (IEDC) Awards – IBIZ Districts, Neighborhood Development Category 2011 International Economic Development Council (IEDC) Awards – SBDP Program, Entrepreneurship Category   2010 Ash Center for Democratic Governance and Innovation, Harvard Institute, “Bright Ideas” (Meet the Lender)

Program Awards

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City of Austin Economic Development DepartmentVISIT OUR WEBSITE TO SEE OUR TRANSPARENCY AT WWW.AUSTINTEXAS.GOV/EDD