Have you heard the saying, “Big things come in small packages?” Can this be applied to business? Absolutely. When it comes to any type of business, from startups, big corporations and small businesses, location is always a component of their success. When choosing which city is best for your business, choose one where you’ll dominate the competition without worrying about high taxes. With the Rio Grande Valley growing each day, your business will thrive in Alamo without the aggressive high taxes seen bigger cities.
We have the tools and resources for your business to succeed in Alamo. Contact the Alamo EDC at 956.787.6622.
Rio Grande Valley Success
With McAllen, Edinburg, Pharr and Brownsville growing at surprising rates, the Rio Grande Valley is no stranger to attracting attention. U.S. News & World Report listed McAllen as one of the “Best Places to Live in the U.S.A” and ranked the city first in its list of ”20 Best Places to Live in the U.S. for Quality of Life.” Other factors that helped McAllen rank in the top 20 were the job market, value of living and people’s desire to reside here.
Last year, NerdWallet released ”The Best Places to Live in Texas” and placed McAllen in the top 20 with three other nearby cities: Mission at spot 20, Brownsville at spot 28, Pharr at spot 30 and Edinburg at spot 42. NerdWallet gathered information regarding quality-of-life indicators to form the list.
SmartAsset, a website specializing in answering complex financial questions in easy-to-understand terms, conducted a study naming the “25 Safest Cities in America”, naming the top 11 safest American where McAllen was show to have some of the lowest violent crime rates in the U.S. The stereotype of viewing border towns as dangerous has been blown out of the water as McAllen ranked seventh on the list. With this national recognition, it’s no wonder that the Rio Grande Valley attracts so many new businesses.
There are more Fortune 500 businesses in small towns with less than 50,000 residents. In 2013, nearly half of the top 50 were headquartered in small cities. You’ve indeed heard of New York, NY, but what about Harrison, NY? MasterCard and Pepsi Co. both earned $73 billion in revenue in 2011 alone. The secret is that big companies are centered near busy metropolitan cities that reap lower tax incentives and property cost rewards that small towns bring.
The Secret Gem
Businesses in the City of Alamo are more affordable and you’ll be just minutes away from the populations of McAllen, Edinburg and Pharr. Alamo has a relatively low cost of living, low utilities, low transport costs, an affordable abundance of land, a business-friendly government and fewer regulations. All of these are essential for growing and expanding your business. Businesses can make an impact to the Rio Grande Valley’s economy, all while having a location in Alamo.
Helping Startups and Small Businesses
The Alamo EDC also has two funding loan programs available for qualifying businesses. The USDA Rural Development Intermediary Relending Program and the Rural Business Enterprise Grant Program will help assist small businesses in Alamo. These programs will also assist smaller startups through expansion.
Throughout the year, the Alamo EDC offers training programs that help small businesses with a certain expertise – whether it’s a dental office or plumbing repair company – refine their business strategies and learn about new technologies to give them a better grasp of the South Texas market. The Alamo EDC has partnered with other organizations, such as the Women’s Business Center and Small Business Administration, to provide training resources.
Do Business in Alamo
The Alamo EDC is here to help improve your business outlook and encourage the local commercial environment. With Alamo’s close proximity to McAllen, Edinburg and Mission, you can reap the national recognition without heavy taxation. Our economic development efforts are aimed at facilitating higher levels of prosperity for businesses of all scopes and sizes.
Through collaboration and innovation, our economic assisting efforts can help your business get through the first hurdle of becoming something bigger. For more information about all of the Alamo EDC’s business empowerment initiatives, reach out to us at 956.787.6622.