FOR IMMEDIATE RELEASETUESDAY, MAY 5, 2020 Pharr, Texas – The City...
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The City of Pharr and the Greater Pharr Chamber of Commerce are pleased to announce a new initiative to provide free support and guidance to local small businesses affected by the COVID-19 pandemic. The city has partnered with AdventGX, an economic development consulting firm based out of Bryan-College Station, Texas that is directing a team of Texas A&M University business students who are volunteering their time to support businesses impacted by the pandemic.
Specifically, AdventGX and the student leaders will provide small businesses in Pharr with technical assistance in:
- Preparing their applications for programs that are currently available through the Small Business Administration (such as the PPP Program) and other funding opportunities;
- Creating an information portal with resources;
- Providing guidance preparing basic financial reports (balance sheets, income statement, proforma); and
- Running a Disaster Sustainability Model to support the decision-making process to plan financial inputs and outputs during the shutdown and post-disaster recovery with a 12 month and up to a 7-year horizon.
AdventGX approached the Greater Pharr Chamber of Commerce to offer their support and services to local businesses, hoping to help many get back to normal operations. The City of Pharr and the Greater Pharr Chamber of Commerce are proud to partner with AdventGX to give back and help support local businesses that have been impacted during this crisis, providing as many resources as possible to ensure that they can get back on the road to recovery and continue to thrive.
For more information on this partnership and available resources, businesses can call 956-402-4240, email firstname.lastname@example.org, or visit the AdventGX info portal at https://iu.adventgx.com/covid-19-city-of-pharr-small-business-info-central/
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