McKinney is one of the fastest-growing cities in the United States. The City is known for a robust business environment that facilitates the growth and expansion of women-owned enterprises, as well as educational opportunities that enable female entrepreneurs to enhance their personal and professional skills. The small businesses in the city are the backbone of the City’s economy and that is McKinney is dedicated to providing opportunities, benefits, and grants to allow women-owned businesses to thrive. Please read this article for more details.
Doing Business in the City of McKinney
Why do business in the City of McKinney? The City provides you with an exceptional environment to run a successful business. The city’s economy is diverse and accommodates many industries, including manufacturing, sustainability, transportation, medical technology, data management, and retail. Besides, the City of McKinney has one of the world’s largest companies, that will not only show you the way to success but also make your business thrive in the competitive market. The cost of living in the City is manageable. Also, the City allows you to participate in the procurement services. You can become one of the City’s vendors. The City provides timely and accurate information regarding bidding opportunities and vendors’ compete. The City always ensures that women-owned businesses have equal opportunities when it comes to the City’s contracts. https://www.mckinneytexas.org/168/Purchasing provides information about how to do business with the City of McKinney. For more details, please visit https://www.mckinneytexas.org/35/Doing-Business.
McKinney Chamber of Commerce
The McKinney Chamber of Commerce represents the needs and interests of women business owners in the City of McKinney. The Chamber helps in the improvement of economic health and creating a favorable business environment where women entrepreneurs can thrive. To achieve its mission of connecting and empowering the stakeholders to ensure business and community excellence, the McKinney Chamber of Commerce provides membership benefits and resources, including networking opportunities. The Chamber serves as the voice of women-owned businesses, with over 1,400 investors throughout the City of McKinney. For more details about the chamber, please visit https://www.mckinneychamber.com/.
Women’s Alliance of McKinney
The purpose of the Women’s Alliance of McKinney is to support women in business by fostering strong relationships that empower and promote their wellbeing and success in the world of business. The organization strives to achieve its mission by forming committees that focus on its purpose of supporting women entrepreneurs through programs and services. Some of the committees formed include advisory and special events committees. The special events committee arranges luncheons, women’s conferences, and webinars, for networking and learning through sharing skills and ideas. The advisory committed is responsible for providing business advisory services to help women entrepreneurs make informed decisions concerning their businesses. Please visit https://www.mckinneychamber.com/womens-alliance-of-mckinney for more information.
McKinney Economic Development Corporation (MEDC)
MEDC is a non-profit organization dedicated to driving the City of McKinney towards achieving its broad economic development goals. it works to improve the quality of life of the City’s residents by facilitating the expansion of the tax base and enabling creating of more jobs for the public. The Corporation offers incentives to women entrepreneurs to help them expand their businesses or facilitate their relocation to the City of McKinney. Read more about MEDC at https://uniquemckinney.com/#.
Workforce Solutions
Workforce Solutions is a non-profit organization, whose mission is to promote the economic growth of North Central Texas by supporting women-owned businesses. The organization supports the business by providing a skilled workforce to help grow and expand the enterprises. They work to ensure that women-owned businesses in the area can create job opportunities and stand out among their competitors. They also ensure that women workers have the opportunity to strengthen their skills and obtain self-sufficiency and stability. Please visit https://dfwjobs.com/Other for more information about Work Solutions.
Historically Underutilized Business (HUB)
Have you received a historically underutilized business certification? The goal of this program is to provide equal opportunities when it comes to procurement services. the program ensures that historically underutilized businesses participate in fair competition with other businesses in the City. The City supports HUBs by ensuring they take part in supplying goods and services to the city, provide them with information related to the city contracts and bidding opportunities. What are the befits of HUB certification? First of all, the business certification is given free of charge. After receiving the HUB certification, you have a chance of doing business with the City of McKinney. Find out more at https://mckinneytexas.org/3330/HUB-Vendors.
McKinsey & Company
McKinsey and Company are dedicated to supporting women-owned businesses in various sectors, including private and public. The goal is to help them achieve their maximum potential and realize their business goals. The organization works in partnership with others to promote business transformation and ensure women entrepreneurs make use of the most current technology to build their capacities. Read more at https://www.mckinsey.com/about-us/overview.
Community Support Grants
The City of McKinney provides funds through grants to public service agencies, including women-owned businesses and non-profits who strive to offer services that improve the well-being of the community. Please note that the grants are provided based on what your business contributes to the community. The minimum amount of grant you can receive from this program is $3,000, while there is no maximum amount. Find out more at https://www.mckinneytexas.org/235/Community-Support-Grants.
USDA’s Business & Industry Loan Guarantee Program in Texas
USDA Rural Development administers this program in Texas. The purpose of the program is to provide loan guarantees to women operating their businesses in the USDA-eligible rural areas. Who qualifies for the program assistance? Well, you must have a good credit history, with proof from a recognizable agency. It can be a credit union, savings, and loans, or state-chartered banks. The program is available for both for-profit and non-profit women-owned businesses, cooperatives, or female entrepreneurs looking to launch their new business ideas in the State of Texas. How can you make use of the funds? You can use the program funds for business conversion or making improvements or modernization to your building. You can also the funds to purchase land for business purposes or other commercial properties. You can use the program funds for debt refinancing, purchase office equipment, and machinery. For more details, please visit https://www.rd.usda.gov/programs-services/business-industry-loan-guarantees/tx.