NEWSLETTER

October 28, 2024

El Paso Fuels Economic Growth with Business, Youth, and Tech Initiatives

The City’s Economic and International Development Department continues to partner with Entrepreneur Support Organizations (ESOs) to drive economic growth and strengthen community resources, focusing on supporting small businesses, empowering young adults, and advancing technology. The city is partnering with Borderplex Community Capital (BCC) to support small businesses by making financing more affordable. Through the BCC Interest Buy Down Program and the Frontera Future Fund, the city aims to provide essential financial resources that will help businesses in targeted areas grow and thrive, fostering a vibrant local economy.

In addition, the City of El Paso is collaborating with Junior Achievement of the Desert Southwest (JA) to empower opportunity young youth ages 16-25, through the Workforce Development Pathways for Opportunity Youth Program. This initiative provides essential workforce development skills training, career coaching and mentorship, and valuable job connections. Together, these resources help prepare the next generation of local talent and encouraging long-term career opportunities in the region.

The city is also committed to supporting El Paso’s technological advancement by backing projects that build up technology infrastructure. Through partnerships like the El Paso Technology Infrastructure Cooperative, the city seeks to attract innovation and enhance connectivity, supporting the growth of a modern, tech-forward community. Together, these efforts represent a strategic investment in the region’s economic development, creating more resilient businesses, a skilled workforce, and a robust foundation for future growth.

El Paso Industry Summit Recap

The 2024 ELP Industry Summit was a resounding success at the Starlight Event Center last week, uniting leaders and industry experts to propel El Paso’s economic development forward with a focus on advancing our manufacturing sector.

Speakers shared valuable insights on key assets like El Paso International Airport, FTZ 68, the ELP Innovation Factory, and the immense potential within our Borderplex region. With an emphasis on innovation and talent, El Paso is positioned as a leader in regional growth.

We’re grateful to our partners for their collaboration in driving economic progress. 

Strengthening Small Businesses with Website Development Support

The City of El Paso’s Economic & International Development Department partners with Entrepreneur Support Organizations (ESOs) like Pioneers 21 to equip small businesses with essential resources and tools for growth. Through this collaboration, business owners gain access to programs designed to help them thrive in today’s market.

Most recently, Pioneers 21 subcontracted Brightsol Tech to deliver website development services to local businesses, making digital resources more accessible. Feedback from businesses using these services highlights the positive impact of this support, as these tools open new opportunities for visibility and engagement.

Together, the City and Pioneers 21 are dedicated to fostering a robust entrepreneurial ecosystem in El Paso.

The Buy El Paso directory highlights local businesses participating in Buy El Paso! Search a variety of locally owned businesses located within El Paso City limits waiting for you to show your love!

Visit our Buy El Paso Directory to find a local shop near you!