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Gov. Perry Hosts Small Business Summit in El Paso

Location: El Paso, TX

Gov. Perry Hosts Small Business Summit in El Paso

Gov. Rick Perry today hosted a small business summit in El Paso aimed at providing area small business with the tools for future success and opportunities for immediate growth. Other summits will be held around the state in coming months.

"When small business prospers, Texas prospers," Perry said, noting that 98 percent of Texas businesses are small businesses. "In the future, if Texas is to remain a place where jobs and opportunity are abundant, where the American dream is within reach and where government priorities are funded by a growing economy instead of a growing tax burden then we must help small employers succeed today."

Perry encouraged local small business owners to take advantage of the opportunities presented at the summit, which offered advice on writing a business plan, utilizing tax credits, becoming certified as a Historically Underutilized Business and numerous other topics. Some 22 local lending institutions were also present to help employers gain access to growth capital, and the state launched a new training program called TradeRoots Texas, which is designed to help small businesses develop export capabilities

"This summit is about much more than helping small businesses gain the tools for future success; it is about providing immediate opportunities for growth today," Perry said, pointing out that more than 10 state agencies were present and accepting bids on numerous state contracts.

"The state of Texas wants to partner with the El Paso small business community because it is a win-win proposition. El Paso stands to gain millions of new dollars flowing through the local economy and Texas will benefit from the excellent services provided by some of the state's premiere private sector leaders," Perry said.

Perry noted that the Texas legislature has passed numerous bills intended to help small business, including reforming the Texas workers compensation system, asbestos lawsuit reforms, an additional $15 million in workforce training funds, and millions for job creation and technology initiatives.

"Small business is important to me, not just because I helped my dad run one, but because it represents the best of main Street America," Perry said. "If Texas is to prosper long into the future, we must always be a state where a dream can be put to work, where the regulatory environment is not burdensome, or the tax climate prohibitive and where there is access to capital, talent and workforce training."

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