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BCL is proud and grateful to have worked with the SBA to adapt to the new guidelines and rapidly accommodate the influx of PPP applicants. During the month of May, we dispersed our largest volume of small business loans ever in such a short period of time. In total, we loaned over $4.8 million to nearly 200 small businesses across the state during the second round of the Paycheck Protection Program.Read More
BCL of Texas is delighted to announce $5 million in new funding since the beginning of 2021. This funding is critical to our mission and allows us to work with families, individuals, and businesses across the state to Build Strong Communities and create opportunities for building wealth and financial stability.Read More
While entrepreneurship and small business ownership for minorities including African Americans has made some progress over the past 60 years, there is still much to be done. In his famed 1968 speech “I’ve Been to the Mountaintop,” to assert black independence, King called on followers to strengthen black institutions and businesses by moving their money away from the white run business and banking establishments and depositing their dollars into black owned institutions.Read More
While we celebrate the growth of small businesses ownership in the U.S, sadly the African American small business footprint has grown only to 14% of the 28 million small businesses in the nation. Most of this minority group is woefully underserved regarding growth capital and capacity building support.Read More
BCL spent a full and productive day with community leaders discussing the future of Austin’s economic development policy this month. We expect to have some great information for our clients coming soon. And BCL of Texas Director of Entrepreneurship Brian K. Marshall was honored to participate in these key stakeholder discussions!Read More
Formed during an economic recession by rural Texas volunteers, CEN-TEX Certified Development Corporation (which would later be called BCL of Texas) has been bold and deliberate in its mission to build strong communities. As one of the co-founders, I have seen the growth and transformation since day one.Read More
Suite 500 Austin, TX 78701 P: 512.912.9884 F: 512.912.9869 NMLS #1114924
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