News Summary
Local businesses in San Antonio are set to benefit from a $30,000 grant provided by the Federal Home Loan Bank of Dallas and Texas Capital. This funding will support the Maestro Entrepreneur Center’s ‘Accelerate Your Venture’ program, which offers vital technical assistance to small business owners. The grant aims to enhance local entrepreneurship by providing the necessary resources and expertise to help businesses exceed the $1 million revenue mark. With a potential 5:1 match on funds, the initiative fosters growth and innovation in the community.
Texas — The Federal Home Loan Bank of Dallas (FHLB Dallas) and Texas Capital have awarded a $30,000 grant to The Maestro Entrepreneur Center in San Antonio. This funding is part of the Partnership Grant Program (PGP), which aims to empower small businesses through various support initiatives.
The ceremonial presentation of the grant took place on October 1, 2025, marking a significant investment in local entrepreneurial efforts. The grant will specifically support the “Accelerate Your Venture” program, which is designed to provide small business owners with in-depth, in-person technical assistance.
One of the primary goals of The Maestro Entrepreneur Center is to help small businesses scale beyond the $1 million revenue threshold. The funding from FHLB Dallas and Texas Capital will be utilized to cover essential costs such as instructors, training materials, and support staff, thereby enhancing the program’s offerings.
The Partnership Grant Program (PGP) offers a substantial incentive for local organizations, allowing for a matching contribution of up to 5:1 for member contributions, with a maximum of $25,000 available per member. This model encourages community investment and enables organizations like The Maestro Entrepreneur Center to secure necessary resources for their initiatives.
Ricky Maldonado, the San Antonio Market President at Texas Capital, affirmed that the grant funds would enhance The Maestro Center’s ability to assist local small businesses in boosting their revenue potential. The direct impact of the grant will enable more entrepreneurs to access critical resources that can facilitate growth and development.
Geremy Landin, the Executive Director of The Maestro Entrepreneur Center, highlighted that the grant would allow the organization to deepen its impact and empower small business owners further. By offering hands-on support and learning opportunities, The Maestro Entrepreneur Center aims to create a robust ecosystem for entrepreneurial success in the region.
Greg Hettrick, Senior Vice President at FHLB Dallas, noted the significance of PGP funding for grassroots organizations and nonprofits. He pointed out that such grants are crucial for sustaining essential services within communities, particularly during times of economic fluctuation. The support provided through PGP and organizations like Texas Capital directly contributes to community resilience and growth.
The Partnership Grant Program is funded on an annual basis, with grants distributed through participating FHLB Dallas members, including Texas Capital. This collaborative model not only bolsters community support services but also aligns with the banks’ commitments to community investment and economic development activities.
The Maestro Entrepreneur Center serves as a vital resource, offering tailored tools and assistance specifically designed for small businesses in Texas. By fostering a supportive environment, the center aims to help entrepreneurs overcome challenges and capitalize on opportunities within the marketplace.
As of June 30, 2025, FHLB Dallas reported total assets of $116.1 billion. Since its founding in 1998, Texas Capital Bancshares, Inc., the parent company of Texas Capital Bank, has built a widespread network of clients across the country. Both organizations continue to demonstrate their commitment to driving economic growth and stability in the communities they serve.
Deeper Dive: News & Info About This Topic
- Morningstar: $30K Grant Supports Small Business Growth
- Business Wire: $30K Grant to Maestro Entrepreneur Center
- NerdWallet: Small Business Grants in Texas
- Wikipedia: Small Business
- Google Search: San Antonio Small Business Grants
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