EGBI

About

Established in 2003, the Economic Growth Business Incubator (EGBI) was a collaboration project between the Housing Authority of the City of Austin and the Greater Austin Hispanic Chamber of Commerce. Our first cohort enrolled less than 20 participants. In 2004, the project evolved and it incorporated as an independent 501(c)3 non-profit. Initially know as the Hispanic Technology Institute of Austin, in 2010 our board changed its name to the Economic Growth Business Incubator to intentionally serve every community in Central Texas and narrow our focus to assist small businesses become more profitable and sustainable. In 2025, EGBI served a record number of more than 580 participants throughout the year.

EGBI provides business coaching in Central Texas to aspiring and existing business owners wanting to start and/or grow a business. We are agnostic about the type of business we serve focusing on business plans, general management, marketing, and cost control. We help lifestyle businesses often described as trades or hobbies become reliable sources of income in our local community. Direct results include increased business acumen, economic mobility, greater generational wealth, and a better quality of life for Central Texans.