This article was written by Dan Zehr and appeared in the Austin American-Statesman on September 25, 2014.
Austin’s small businesses drove the metro area’s post-recession recovery, but local officials said Thursday that a sustained effort to help those firms thrive will be required if Central Texas is to spread the benefits of that economic growth to more local residents.
While local businesses with fewer than 100 employees collectively employ about 35 percent of the Austin workforce, said Brian Kelsey, principal at Civic Analytics, the same set of companies added more than 8,400 jobs from 2009 to 2011. Those gains offset the sharp job losses at the area’s largest employers in the years following the recession, Kelsey said.
This story was written by Claudia Grisales and appeared in the Austin American-Statesman on August 15, 2014.
More can be done to boost the number of women-owned businesses in Texas, female business leaders told U.S. Sen. John Cornyn and Texas Comptroller Susan Combs during a roundtable discussion in Austin on Thursday.
About 29 percent of businesses in Texas are owned by woman, but with additional intervention that number could be higher, business leaders said.