The Fulshear Economic Development Corporation (EDC) held a special meeting on June 30, 2025, focusing on strategies to enhance economic growth and support local entrepreneurship. The meeting began with discussions on the importance of retaining new residents and their financial contributions to the community, emphasizing the need for effective retail strategies.
Kate Kolick highlighted ongoing efforts to attract traditional commercial retail opportunities, including participation in the International Shopping Center Conference. The EDC is committed to funding Capital Improvement Projects (CIP) to ensure the necessary infrastructure is in place for commercial development. This includes establishing Fulshear as a hub for small businesses and supporting local entrepreneurs through targeted retail recruitment based on community needs and demographic suitability.
A significant portion of the meeting was dedicated to the Fulshear Fast Track program, which aims to foster entrepreneurship within the community. The program is still in its early stages but is gaining traction. Participants discussed the challenges of providing adequate support for new businesses and the importance of patience as the program develops. The EDC has contracted with The Cannon, a firm with expertise in fostering entrepreneurship, to guide the program's growth.
Concerns were raised about the effectiveness of the Fast Track program, with some attendees suggesting that the information provided may not be sufficiently unique or beneficial. However, others defended the program, citing positive feedback from previous events and the importance of ongoing community engagement.
The meeting concluded with a consensus on the need for continued support of local entrepreneurs and the importance of adapting the Fast Track program to better meet the needs of participants. The EDC plans to gather further feedback and refine its strategies to ensure the success of Fulshear's economic development initiatives.