Blog

How Do We Begin Restarting Fort Worth’s Economy?

As our cities begin to slowly re-open from the COVID pandemic, we are all concerned with the economic instability the lockdown placed on our hometowns. One of the most effective ways of pushing our local economy into rapid recovery is by supporting local small-businesses and startups.  In 2013, Forbes Magazine listed six ways to create economic growth. The number one way is through innovation and encouraging entrepreneurship. The article states that “innovation and start-ups fuel our economic growth” and that they are the “ultimate job creators who start with ingenious ideas, take risks and create value for the American consumer.” This approach to...

How can we help? Survey feedback informs Fort Worth’s business support efforts

Almost two months ago, when this whole COVID-19 situation started getting serious, there was a lot of work to be done – and done quickly.  Fort Worth is the thirteenth largest city in the country – it’s a lot to pivot. The flood of new challenges facing our city’s business owners, across every industry, was overwhelming. The situation was emotionally charged, constantly changing, and completely unprecedented.  The only way that the city and its community partners could begin to wrap our heads around the full scope of COVID-19’s impact on businesses, and start working together to find solutions, was through data. The Fort...

Funding the Fort: Local Support Efforts for Fort Worth Businesses

It’s an interesting time to work in local government.  On the one hand, the current COVID-19 pandemic is impacting everything on a massive scale, from business operations and the local economy to smaller things, like how we work, socialize, and shop for groceries. On the other hand, the stories of the innovative ways that Fort Worth’s businesses have pivoted their operations, come together to support each other, and rallied around the community have been nothing short of inspiring.  But our businesses can’t overcome this alone. And while many business owners might be looking to federal or state government for help, there are also...

Company Grand Reopening: Things to Consider

Is your business ready for post conronvirus economy? The coronavirus pandemic will have a lasting impact on how business is conducted moving forward. Have you addressed all of the adjustments, shifts and pivots needed to re-open in the near future? If you are in a time of slow growth, or your business is currently shut down, NOW is the time to prepare for the influx of sales when the country re-opens. The demand for your product or service is still there – it may just be “paused” due to government regulations or a shift in consumer spending habits/priorities. Below is a list...

Frost Bank Presents… Response Act Families First Coronavirus Response Act: What You Need to Know

Over the recent weeks, there have been a number of unprecedented changes in the law beginning with the signing of H.R.6201, the Families First Coronavirus Response Act (FFCRA). There are a many provisions included in the act that affect you as a small business.  If you’re wondering how this may affect your business, this article provides insight on: ·       Emergency paid sick leave ·       Family Medical Leave Act (FMLA) expansion ·       Refundable payroll tax credit Emergency Paid Sick Leave: Emergency paid sick leave and the expanded FMLA are two separate provisions included in the FFCRA. However, they work in tandem and do have similarities. As an example, both provisions...

Frost Bank Presents “Managing Cyber Risk: Remote Working”

Concern about the spread of COVID-19 has generated the largest “work-from-home” mobilization in history. Employees working from home may not have the same safety measures in place to protect their company’s information and devices. With cybercriminals exploiting the current state of uncertainty, employees must remain diligent and aware of potential scams and threats. Human error can be costly. Right now is a prime opportunity to remind your team of appropriate precautions to safeguard your business and employees from unauthorized access which can lead to denial of service attacks, data breaches and theft, ransomware, scams and viruses. Some items to keep in mind: ·       Remain...

From Spirits to Sanitizer

There are a couple of things every Fort Worthian knows - that best barbeque joints in town, or the best places to hear live jazz music. Another thing every Fort Worthian knows is that COVID-19 has changed our community and livelihoods. The looming threat lingers over the city, with the best defense being actions we can do to stave off the virus ourselves and to protect others: staying inside & washing your hands. What is something else every Fort Worthian knows? When the community needs help, we do what we can to chip in. And that’s what Acre Distilling (www.acredistilling.weebly.com) did when they...

My Experience Attending Global Entrepreneurship Week Events

I will preface this blog by stating that I am an intern for the UNTHSC and that I am writing this from the perspective of an attendee. Enjoy! For the ones in the back who do not know what Global Entrepreneurship Week (GEW) is, let me briefly explain to you so I can really dive into my experience. GEW is basically a global movement celebrated in hundreds of cities around the world, reaching millions of people through local, national and global events, activities and competitions. The goal is to inspire communities to collaborate and share their networks and markets to build...

Top 5 Must-Attend Events for Global Entrepreneurship Week Fort Worth

By Montrel Wilson, Ecosystem Building Intern, UNTHSC Are you an aspiring entrepreneur, innovator, new startup? A Business owner, job creator, an inquisitive person? Do you struggle finding resources, support, and an entrepreneurial community to help you in your endeavors? You are not alone, the majority of “creators” struggle in these areas. This is where Global entrepreneurship week (GEW) comes in to play. GEW is a global movement celebrated in hundreds of cities around the world that reaches millions of people through local, national and global events, activities and competitions. The goal is to inspire communities to collaborate and share their networks and...