El Paso is one of five cities selected for this year’s expanded City Accelerator program, an initiative helping communities create jobs by growing their network of local minority-owned local businesses.
El Paso and other cities chosen to participate in the program by the Citi Foundation and Living Cities will receive a $100,000 grant and other services such as coaching, technical assistance, and implementation resources to advance entrepreneurial efforts aimed at growing locally minority-owned businesses.
Other cities selected for the program include Atlanta, Long Beach, Newark and Rochester.
“This grant presented a unique opportunity for the City to expand services that support our regional entrepreneurs,” said Jessica Herrera, Economic and International Development Director.
Throughout the next year, El Paso as part of this program will focus on expanding small business services offered through the El Paso Public Library.
“The El Paso Public Library System is a support mechanism within our community that aims to enhance economic and educational opportunities, especially for our minority population. El Paso has over 54,000 minority-owned local businesses and with the City Accelerator Program we will enhance and cultivate the business community to support regional entrepreneurial efforts,” said Mayor Dee Margo.