Fulshear's Economic Development Corporation (EDC) is taking significant steps to bolster local entrepreneurship and support businesses ready to scale up. During a special meeting on June 30, 2025, board members discussed the importance of fostering an ecosystem that not only nurtures startups but also assists established businesses in their growth journey.

A key focus of the meeting was the need for a tailored approach to economic development, emphasizing that the involvement of experienced entrepreneurs is crucial. Board members expressed concerns about past initiatives led by academics or government officials who lacked practical entrepreneurial experience. They highlighted the risk of misalignment between the needs of businesses and the support provided by those without firsthand experience in entrepreneurship.

The discussion also underscored the importance of retaining local businesses that are poised for growth. Many entrepreneurs in Fulshear have expressed a desire for support as they transition from small operations to more formal business structures. Without adequate local resources, there is a risk that these businesses may relocate to other cities that offer better incentives and support.

In response to these challenges, the board is considering various options for enhancing their economic development strategy. One proposal involves bringing certain responsibilities in-house, which would allow for more direct oversight and tailored support for local businesses. This approach aims to improve communication and accountability, ensuring that the needs of the entrepreneurial community are met effectively.

Additionally, the board discussed the importance of establishing clear metrics to measure the success of their initiatives. By soliciting feedback from the community on what metrics are most relevant, the EDC hopes to create a more responsive and effective economic development program.

As Fulshear continues to grow rapidly, the EDC is committed to adapting its strategies to meet the evolving needs of its business community. The board plans to present a budget proposal that reflects these priorities at the next city council meeting, aiming to secure the necessary resources to support both startups and established businesses in their growth efforts.