Alternative Financing Sources Seminar

Posted in: Events, Upcoming Events by HBDi on December 21, 2012 | No Comments

HBDi Hosts 1st Annual Houston Bonding Education Program

Posted in: Events by HBDi on October 11, 2012 | No Comments

The 1st Annual Houston Bonding Education Program was successfully completed by 30 small business owners at a graduation ceremony on September 25, 2012 at the Houston Business Development, Inc., Business Technology Center – Palm Center. Sponsored by the U.S. Department of Transportation, the Mayor’s Office of Business Opportunity and hosted by HBDi, the 8-week bonding program was designed to prepare small business owners and contractors to obtain surety bonds, increase bonding capacity and interact with service providers and bond producers.

The first of its kind in Houston, the bonding education program is offered without charge to eligible participants who benefit directly from a team of industry professionals providing expert advice and training.  Upon completion of the training, entrepreneurs are better positioned to expand their businesses and to navigate the often difficult process of surety bonding.

Mayor Parker and supporting stakeholders were on hand to congratulate the graduating class of the 1st Annual Houston Bonding Education Program.

Business training, workshops, one-on-one counseling, flexible loans, and  and an array of support services to help grow your business are available at HBDi.  To learn more about upcoming events or how we can hep you, contact us at (713) 845 2400 or visit www.hbdi.org .

National Encore Entrepreneur Day

Posted in: Events by HBDi on October 3, 2012 | No Comments

On Tuesday, October 2, 2012, Houston Business Development, Inc. (HBDi) in collaboration with the U.S. Small Business Administration, SCORE  and AARP,  hosted the 1st National Encore Entrepreneur Mentor Day targeting Entrepreneurs 50 years of age or older.

As more and more individuals make preparation for their “golden years”, entrepreneurship has become a viable option for many older citizens.  To assure the success of newly launched businesses by mature entrepreneurs, SCORE and ARRP have partnered to provide workshops and resources to assist business owners.

Tuesday’s event, which attracted nearly 100 business owners and aspiring entrepreneurs, included a workshop on “how to market your business” presented by Mr. Joe Polichino, a SCORE counselor and marketing expert with over 30 years of successful experience in  operating small businesses.  The marketing workshop was followed by a lively panel discussion on “How to Access Capital for Your Business”. Moderated by Beth Shapiro of SCORE, the panel discussion addressed perhaps the most pressing concern facing small, growing businesses:  Where do I get financing?

From Left, Manuel Gonzales - SBA, District Director; Paul Cheong - SVP, Golden Bank; Elfis Cottingham - SVP, Texan Bank; and Marlon Mitchell - President, HBDi

The panel was comprised of representatives from the SBA – District Director, Manuel Gonzalez; Golden Bank – SVP Small Business Lending, Paul Cheong; Texan Bank – SVP SBA Relationship Manager, Elfis Cottingham; and HBDi – President/CEO, Marlon Mitchell.  Some of the topics addressed included: financing for start-up businesses, small business investment companies, what a lender needs to make a favorable lending decision, where to go when the bank says no, SBA 7a and 504 loan products, and  HBDi micro-enterprise loans.

For more information about available resources to help you grow and expand your businesses, contact an HBDi representative at (713) 845-2400 or visit www.hbdi.org.

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