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ABOUT STARTUP TEXAS
In the late 1800s Brownsville, Texas was born amongst entrepreneurs like that of Charles Stillman, who recognized the potential the region has for commerce, trade, and manufacturing. The Brownsville Community Improvement Corporation (BCIC) intends to continue the entrepreneurial spirit that founded our City by promoting the creation or scalability of innovative businesses in Texas.
Through the StartUp Texas Program, the BCIC seeks to provide entrepreneurs and businesses seed-stage capital to Texas-based companies that are commercializing a product or process. The funds exist to stimulate private investment in Texas-based companies with high growth potential. The BCIC is committed to helping startups get traction and funding with a support network of experts that are invested in your success, and through a structured business-building process located in our entrepreneurial incubator, the eBridge Center for Business & Commercialization.
Qualifying applicants will be able to compete in the StartUp Texas Summit for a share of $100,000 so long as the business operations are located or expanded in the designated city limits of Brownsville, Texas and the funds are justified through the business and growth plan. Aside from the chance to obtain seed funding, this initiative seeks to provide qualifying participants the opportunity to gain skills in presenting their projects and ideas with constructive feedback to assist in future funding endeavors and success in their launches.
Awardees may also utilize funds as a down payment for assistance with the 7(a) Loan Program with the Small Business Administration. Companies seeking funding through StartUp Texas must go through a rigorous due diligence process and are judged in terms of industry fit, return on investment, and potential for economic development. The accepted use of funds and additional details on StartUp Texas can be found in the Guidelines. Restrictions and repayment conditions may apply.