Success Stories

THE STARTING POINT:

Alberto Gonzalez and Christopher Ramirez developed El Paso Rubber Recycling while attending The University of Texas at El Paso (UTEP). Required to create a mock company, the two capitalized on the opportunity to evolve the idea into a business endeavor. After researching several waste management problems, a solution to combat discarded tires and industry manufactured scrap arose. The discarded material would be reused to create ecofriendly products, offering both environmental and economic benefits.

THE DEVELOPMENT:

The two approached the El Paso Community College SBDC in February 2016. Business Advisor Elizabeth Mariscal assisted the owners with strengthening their business plan, considering startup costs, and reviewing financial projections. Shortly after, El Paso Rubber Recycling launched its operations. In 2016, Gonzalez and Ramirez also received assistance from the South-West Texas Border SBDC Network’s International Trade Center to... Read More

Inside a Speedy's Pizza Restaurant

Jose Montalvo came to the United States in 1998 to pursue a better life for his family and to live the American dream. He landed his first job working for a local pizza restaurant, where he was able to learn the ins and outs of the restaurant industry. When the restaurant went under, Montalvo decided to start his own pizza restaurant with his wife, Monica Montalvo.

“I thought to myself, I know how to run a pizza business, so why not start my own?” said Montalvo.

In October of 2002, the Montalvos opened the doors to the first Speedy’s Pizza. As the business grew, the Montalvos reached out to the Small Business Development Center (SBDC) for assistance. The SBDC is a resource partner that is funded by the U.S. Small Business Administration and the El Paso Community College to provide free counseling to small business owners.

“Maribel Flores helped us to market our business whenever we were going to open a new location,” said Montalvo. “She helped us with... Read More

Michael and Tracey Benson

Tracey and Michael Benson started their business, MT Needles Embroidery in 2013, because they needed to be able to work from home while caring for their mother.  During the first two years, revenues grew 220 percent and today is on track to grow another 75 percent. The owners said assistance from the U.S. Small Business Administration (SBA) has been key to their success.

“The advice that we received helped us to get our business started on the right foot, which was very important,” said Tracey.

The Bensons utilized three of the SBA’s resource partners located in El Paso: SCORE, the Women’s Business Border Center (WBBC), and the Small Business Development Center (SBDC). They received many hours of free counseling from each organization, including accounting assistance from SCORE, business plan development and SBA loan package preparation from the SBDC, and guidance in obtaining a Historically Underutilized Business Zone (HUBZone) certification from the WBBC.“They... Read More

Frank Spencer

Frank Spencer III was born and raised in Pecos, Texas. After playing American Gridiron Football in Australia and graduating from Texas A&M University, Frank began his career in the mortgage lending industry, but his career path took a new direction after one fateful conversation with his father in 2006.

“I was having a conversation at the dinner table with my father about starting my own business, when my father offered to sell me his business for $1,000,” said Frank.

At that time, Aztec Contractors was a dormant business, but Frank purchased the rights to the business name. He has a strong desire to live up to the family legacy of building and construction, and wanted to keep the business name. Although Frank has experience in financial lending, he looked to his father, Frank X Spencer, for guidance in starting the construction business.

“When I acquired the business, my father had a business down the street and he gave me a space to work, but he still... Read More

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