Connect with us

Dallas, TX

White House’s small business chief visits Dallas to spark entrepreneurs

Published

on

White House’s small business chief visits Dallas to spark entrepreneurs


U.S. Small Business Administration chief Isabella Casillas Guzman came to Dallas Wednesday to congratulate entrepreneurs on a job well done.

The past few years have laid out tough economic conditions for small business owners. It’s been a three-year-long roller coaster, with a global pandemic followed by supply chain issues, inflation and ongoing labor shortages.

But new firms continue to open their doors. During the last three years, 12.2 million new business applications have been filed across the country, according to the SBA. In Texas, there’s been 1.1 million.

Google backs three Dallas entrepreneurs with Black and Latino Founders grants

Business Briefing

Advertisement

Become a business insider with the latest news.

The member of President Joe Biden’s cabinet met with leaders of The Dallas Entrepreneur Center Network to discuss how the SBA can continue to support small Dallas-Fort Worth businesses by connecting founders to mentorship and investments.

The goal of the Community Navigator pilot program is to strengthen outreach to underserved businesses by partnering with organizations like The DEC Network, that have deep roots within a community.

The local nonprofit is a “standout grantee” of the 51 community navigators supported by the SBA, Guzman said. In Texas, $5 million has been dispersed to small businesses to gain or maintain economic momentum. Nationally, the program allocated $100 million from the 2021 American Rescue Plan towards these efforts.

“Businesses are being primed to access capital and capital is the lifeblood for entrepreneurship,” Guzman said Wednesday at Dallas College’s Bill J. Priest Institute, its hub for workforce and economic development.

Advertisement

Through the Community Navigator Program, The DEC Network’s clients are 70% female entrepreneurs and more than two-third are Black, the agency said.

Kimberly Matthews, a co-founder of Holy Rollie Pastry Shop in Las Colinas, started making cinnamon rolls for sale with flavors like peach cobbler, strawberry and red velvet in September of 2020.

As a chemist with a master’s in business administration, she had some expertise to start her own store but needed help. Her sister recommended free opportunities for mentorship and advising.

She got connected to The LiftFund Dallas/Fort Worth Women’s Business Center, a partner of the DEC Network, and was able to secure additional capital to open a brick-and-mortar in April.

“It gave us the buffer so we could actually take a deep breath and just focus on operating the business instead of looking and being stressed about the financials,” Matthews said.

Advertisement
SBA Administrator Isabella Casillas Guzman walks backstage before speaking during the business session of the 97th General Convention of Alpha Phi Alpha Fraternity, Inc. at the Hilton Anatole in Dallas on Wednesday, July 26, 2023.(Juan Figueroa / Staff Photographer)

Since June 2022, Texas’ employment has grown by more than 540,00 positions, the largest annual increase in the nation. Dallas-Fort Worth had the second-largest year-over-year increase in the number of jobs across the country.

Mirroring the level of jobs added, the seasonally adjusted labor force grew by 30,500 people during the month of June, reaching north of 15 million, according to the Texas Workforce Commission. The number of employed people also reached a new record high at more than 14,429,900.

Guzman said they have doubled down on reforming capital programs so that the products offered by the agency meet the needs of small businesses.

“We’re investing in building the economy from the middle-out and the bottom-up,” Guzman said. “There are contracts and infrastructure building happening across Texas. There are opportunities to manufacture and be part of the supply chain network as we make in America again.”

YouTube sensations Dude Perfect bring their trick shots to Fort Worth show
Advertisement

Frisco-based Dude Perfect’s “Panda-Monium Tour” is coming to Dickies Arena in Fort Worth this Sunday. The YouTube sensations will present some of their famous trick shots in a family-friendly event.

Barbie pink gets Mary Kay competition as nearly 20,000 descend on Dallas

Nearly 20,000 Mary Kay sales consultants will descend on Dallas over the next two weeks for the Addison-based company’s annual conference at the Kay Bailey Hutchison Convention Center.

How Chef Tim Love’s perspective was forever-altered by a cell number he didn’t recognize

The Fort Worth celebrity chef’s wife, Emilie, nearly lost her legs in a freak Uber accident in an airport rideshare area.

Advertisement



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Dallas, TX

Sources: Giants’ DeVito expected out vs. Dallas

Published

on

Sources: Giants’ DeVito expected out vs. Dallas


New York Giants quarterback Tommy DeVito is expected to be out for Thursday’s game against the Dallas Cowboys because of his forearm injury and Drew Lock is expected to start in his place, sources told ESPN’s Adam Schefter and Jordan Raanan.

DeVito is listed as questionable for the Thanksgiving Day game, but a source told ESPN on Wednesday that DeVito was considered a long shot to play.

He did not travel with the team to Dallas on Wednesday as he was undergoing further evaluation, the Giants said. The team, however, said it expected him to travel to Dallas later Wednesday.

DeVito took several big hits in Sunday’s 30-7 loss to the Tampa Bay Buccaneers. He was making his first start of the season after the Giants released former starter Daniel Jones late last week.

Advertisement

The Giants turn to Lock after bypassing him following the benching of Jones for DeVito. Lock spent the first 10 weeks as the backup, with DeVito as the third string/emergency quarterback.

Lock has a short week and no real practices to get ready for the matchup of NFC East rivals. He also will be playing behind an offensive line without its starting tackles. Andrew Thomas (foot) is on injured reserve and Jermaine Eluemunor (quad) was ruled out Wednesday.



Source link

Continue Reading

Dallas, TX

Colorado visits Dallas after shootout victory

Published

on

Colorado visits Dallas after shootout victory


Associated Press

Colorado Avalanche (13-10, in the Central Division) vs. Dallas Stars (13-8, in the Central Division)

Dallas; Friday, 9 p.m. EST

Advertisement

BETMGM SPORTSBOOK LINE: Stars -140, Avalanche +116; over/under is 6.5

BOTTOM LINE: The Dallas Stars host the Colorado Avalanche after the Avalanche took down the Vegas Golden Knights 2-1 in a shootout.

Dallas is 13-8 overall and 4-2-0 against the Central Division. The Stars have a 4-2-0 record in games they score at least one power-play goal.

Colorado is 13-10 overall and 2-3-0 against the Central Division. The Avalanche have a 2-5-0 record in games their opponents serve fewer penalty minutes.

The teams meet Friday for the first time this season.

Advertisement

TOP PERFORMERS: Matt Duchene has 12 goals and 14 assists for the Stars. Mason Marchment has five goals and seven assists over the last 10 games.

Cale Makar has eight goals and 22 assists for the Avalanche. Mikko Rantanen has eight goals and seven assists over the past 10 games.

LAST 10 GAMES: Stars: 6-4-0, averaging 3.7 goals, 6.4 assists, 3.1 penalties and 8.2 penalty minutes while giving up 2.8 goals per game.

Avalanche: 7-3-0, averaging three goals, 4.8 assists, 2.6 penalties and 5.2 penalty minutes while giving up 2.9 goals per game.

INJURIES: Stars: None listed.

Advertisement

Avalanche: None listed.

___

The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




Source link

Advertisement
Continue Reading

Dallas, TX

Kidd breaks the silence, gives first update on Luka Doncic’s sudden wrist injury

Published

on

Kidd breaks the silence, gives first update on Luka Doncic’s sudden wrist injury


The Dallas Mavericks’ bad injury and availability luck this season continued into Wednesday evening, as Dallas will be without Daniel Gafford, Klay Thompson, Dante Exum, and Luka Doncic against the New York Knicks tonight.

While no one expected Doncic and Exum to play as they are both out with wrist injuries, both Thompson and Gafford had a chance at playing. Thompson will be out for the second straight game with left foot plantar fascia, and Gafford is out with an illness.

This illness has been no joke for Dallas, as both Quentin Grimes and Dereck Lively II were listed on the injury report, but both are available against the Knicks.

The Mavs have found a way to win two of the three games that Doncic has missed due to this sprained wrist that he unexpectedly suffered against the New Orleans Pelicans last Tuesday, and Mavs head coach Jason Kidd gave the first update on Doncic’s status when it comes to the wrist injury on Wednesday night.

Advertisement

“He looks good,” Kidd said at his pregame media availability. “Everything that has come back that he looks good and is getting closer to coming back.”

Kidd then continued to talk about how Doncic has been going through “individual workouts,” and everything that he has “heard or seen is trending in the right direction.” He went through a pregame workout at the American Airlines Center with his wrist taped despite being out, and this is a good sign.

Advertisement

It’s typical for Kidd and the Mavericks to limit what they tell the media when it comes to players’ injuries, but the fact that Doncic is going through workouts and responding well is a good sign. Doncic has not been able to catch a break this season, as he has dealt with a calf contusion, knee contusion, and this wrist sprain over the last two months, and this week-plus off should help get him back to being 100 percent.

He didn’t even seem to be 100 percent with his knee when he injured his wrist against New Orleans, and him getting this time of rest could be huge for him in returning to playing at an MVP level. This wrist injury happened so suddenly against the Pelicans, and even Doncic didn’t know the exact moment it happened. He said that the pain started early on in the game, and it got worse as the game went on. Doncic dubbed his wrist injury as “nothing serious” in his postgame press conference from last Tuesday night, but his availability lately says otherwise.

This season for Dallas, Doncic is averaging 28.1 points, 7.6 rebounds, and 7.6 assists per game while shooting 43.5 percent from the field and 32.4 percent from downtown, and while his numbers are down, Kidd remains confident in his superstar. Kidd emphasized that Doncic is still “human” last week when asked about his slow start to the season, and even though Dallas is finding ways to win without him, his return is going to help take this team to another level.

His teammates miss having him on the floor with them, and the Mavs are a completely different team when Doncic is fully healthy and cooking with gas. It has been a while since Mavs fans saw Doncic fully healthy considering the downpour of injuries that slowed him down during the playoffs, and he and Kyrie Irving will have the chance to help push this team back to the top of the Western Conference once he returns from this wrist injury.





Source link

Advertisement
Continue Reading

Trending