By DAVID A. DÍAZ
Providing the resources needed by residents to successfully start and run a small business is one of the many services provided at no charge by the Edinburg Economic Development Corporation.
To that effect – both figuratively and literally – the Edinburg EDC and Grindstone Coworking of Edinburg have kicked off the second round of the Hive Effect, an entrepreneur development initiative aiming to help business from the Rio Grande Valley thrive.
The Hive Effect is part of the Business Retention and Expansion Program of the Edinburg EDC, which is the jobs-creation of the Edinburg Mayor and Edinburg City Council.
Applications are being accepted through June 1, 2017 that will offer 15 business owners the opportunity to grow their respective businesses through curriculum, coworking and mentorship.
The application process is available online at: www.hiveeffect.com/apply.
Coworking is generally defined as the use of an office or other working environment by people who are self-employed or working for different employers, typically so as to share equipment, ideas, and knowledge.
Coworking, which is a cutting-edge approach for sole proprietors and small business owners, is one of the strategies being promoted by the Edinburg EDC to create more successful firms in the city. Harvard Business Review gives the concept two thumbs up in a September 2015 article titled “Why People Thrive in Coworking Spaces”. (https://hbr.org/2015/05/why-people-thrive-in-coworking-spaces)
“We’re proud of what we accomplished with Hive Effect since its launch last September 2106,” said Daniel Rivera, Director of Grindstone Coworking and Hive Effect. “Our coursework, mentorship and implementation of the coworking concept have helped 10 entrepreneurs achieve great things for their respective businesses and we’re looking forward to introducing a new set of members to our growing community.”
Gus García, the Executive Director for the Edinburg EDC, is a leading champion for the Hive Effect.
“Small businesses are a staple to helping our economy thrive and with Hive Effect we can help entrepreneurs not only be successful but also contribute to the local economy,” Gus García said.