Progress To Date
2. Business Formation and Early-Stage Growth
2.1 Ensure that Pearland’s business climate and support services are optimized for enterprise formation and growth
In June 2021, the City, in partnership with PEDC, launched an online portal to serve as a “virtual front door” for starting or expanding a business in Pearland. The new platform leverages technology to improve the customer experience and assist businesses with a better understanding of the development rules in Pearland.
Throughout the pandemic, PEDC worked to collect and communicate information on available federal and state resources to our Pearland businesses. We launched a web page dedicated to federal, state and local resources and communicated information out to local employers through press releases, postcard mailouts, email updates and via digital marketing and social media.
2.2 Establish a hub for entrepreneurship to concentrate local services and connect to the regional ecosystem
In 2020, PEDC, along with the Pearland Prosperity Implementation Committee, launched a collaborative process with community partners to evaluate the feasibility of providing some type of hub for entrepreneurship and small business assistance in Pearland. In April 2021, the PEDC Board, after reviewing the proposed Hub’s business model and consulting with steering committee established to advise the feasibility study, along with the Pearland Prosperity Implementation Committee and Chamber Board of Directors, voted to move forward with the creation of the Entrepreneurship Hub.
2.3 Establish a revolving loan fund (RLF) to incentivize primary business formation and growth