The San Antonio Economic and Workforce Development Committee convened on May 27, 2025, to discuss key initiatives aimed at supporting small businesses and enhancing economic development in the city. The meeting highlighted the ongoing efforts of LaunchSA, a city initiative designed to assist entrepreneurs and small business owners.
Director Brenda Hicks Lawrence provided an update on the metrics collected by LaunchSA, noting that 90 clients received technical assistance in 2024. Committee members expressed interest in obtaining detailed data on the types of services provided and the specific funding opportunities available to businesses. The committee emphasized the importance of this information for advocating for small businesses, particularly in District 5.
The discussion also touched on the collaboration between LaunchSA and other city departments to avoid duplication of efforts. Committee members raised concerns about the current progress towards funding goals, with only five businesses connected to funding opportunities against a target of 50 for the year. The committee acknowledged the importance of upcoming initiatives, such as the access to capital resource fair, to help meet these goals.
In addition to LaunchSA updates, the committee reviewed the Economic Development Strategic Framework, which was accepted by the city council in October 2022. The framework focuses on equitable economic development, investment growth, and resilience in the face of challenges like COVID-19. The committee outlined priority implementation areas for fiscal year 2025, which include enhancing small business support and improving systems and processes for economic development.
Overall, the meeting underscored the city’s commitment to fostering a supportive environment for small businesses and ensuring that economic development efforts are aligned with community needs. The committee plans to continue monitoring progress and adapting strategies to achieve its goals.