Fort Worth’s small business community is experiencing significant growth, supported by a range of resources and programs designed to foster entrepreneurship and economic development.
Business Assistance Center (BAC)
The Devoyd Jennings Business Assistance Center (BAC) serves as a comprehensive resource for small business owners, offering training, technical assistance, and access to funding opportunities. Located at the James E. Guinn Entrepreneurial Campus, the BAC collaborates with various organizations to support both emerging and established businesses. Services include business planning, financial statement analysis, and start-up counseling. Learn more about the BAC.
TechFW: Empowering Tech Entrepreneurs
TechFW is a nonprofit startup incubator and accelerator that has been assisting tech entrepreneurs since 1998. They offer programs like ThinkLab, which helps founders validate ideas and build business plans. Recently, TechFW launched ThinkLab OnDemand, an online platform developed with support from Texas Woman’s University – Center of Women Entrepreneurs, providing flexible, self-paced modules for early-stage idea development. Discover TechFW’s programs.
Support for Veteran Entrepreneurs
Fort Worth is committed to supporting veterans and active-duty service members in starting and growing small businesses. The city’s Small Business Development Program offers initiatives like ‘Fort Worth: The Next Mission,’ which empowers veteran-owned businesses with more than two years of experience. Additionally, the ‘Boots to Business Reboot’ program, in partnership with the Small Business Administration and the UT Arlington Veterans Business Outreach Center, provides introductory entrepreneurship training for veterans. Explore veteran business resources.
Financial Support through CDFI Friendly Fort Worth
CDFI Friendly Fort Worth has partnered with LiftFund to launch a 0% Interest Buy-Down Program, offering loans up to $100,000 to eligible small businesses. This initiative aims to reduce financial barriers and promote growth within the entrepreneurial community. Find out more about the loan program.
Entrepreneurial Programs at Tarrant County College
Tarrant County College (TCC) has expanded its Entrepreneurship Through Acquisition (ETA) initiatives, thanks to a $225,000 workforce development grant from CDFI Friendly Fort Worth. TCC’s ETA Accelerator and Bootcamp programs prepare aspiring entrepreneurs to acquire and operate established businesses, contributing to economic growth in the region. Learn about TCC’s entrepreneurial programs.
These resources and programs underscore Fort Worth’s dedication to nurturing a vibrant small business ecosystem, providing entrepreneurs with the tools and support necessary for success.