October 3, 2025

San Antonio Receives $30,000 Grant for Local Entrepreneurs

News Summary

Local businesses in San Antonio are set to benefit from a $30,000 grant provided by the Federal Home Loan Bank of Dallas and Texas Capital. This funding will support the Maestro Entrepreneur Center’s ‘Accelerate Your Venture’ program, which offers vital technical assistance to small business owners. The grant aims to enhance local entrepreneurship by providing the necessary resources and expertise to help businesses exceed the $1 million revenue mark. With a potential 5:1 match on funds, the initiative fosters growth and innovation in the community.

Texas – The Federal Home Loan Bank of Dallas (FHLB Dallas) and Texas Capital have jointly awarded a $30,000 grant to The Maestro Entrepreneur Center in San Antonio as part of the Partnership Grant Program (PGP). This financial support aims to bolster the “Accelerate Your Venture” program, which focuses on providing small business owners with essential technical assistance.

The check presentation took place on October 1, 2025, marking a significant milestone for The Maestro Entrepreneur Center, which aims to assist small businesses in surpassing the $1 million revenue threshold. The grant funds will specifically cover the costs associated with hiring instructors, acquiring training materials, and maintaining support staff crucial to the program’s success.

The PGP is designed to amplify community development efforts through grassroots organizations. It offers a substantial match for member contributions, with up to a 5:1 match ratio available. Each FHLB Dallas member can access grants with funding up to $25,000. The financial partnership between FHLB Dallas and Texas Capital reflects a commitment to community investment and supporting economic growth across regions.

The funds from this grant will significantly enhance The Maestro Entrepreneur Center’s capacity to assist local small businesses. The center provides tailored resources and tools aimed at empowering entrepreneurs by equipping them with the necessary skills to grow and sustain their operations. In particular, the “Accelerate Your Venture” program aims to deliver in-person technical assistance, which is vital for the participants looking to scale their businesses effectively.

Geremy Landin, the Executive Director of The Maestro Entrepreneur Center, highlighted that the grant is a stepping stone for the organization to deepen its impact in the community. The center serves as a hub for aspiring and existing small business owners, offering guidance to navigate the complexities of scaling their ventures.

Ricky Maldonado, the San Antonio Market President at Texas Capital, noted the positive implications of the grant for local businesses in terms of revenue potential. The collaboration between the two financial institutions underlines their mutual goal of enhancing small business landscapes across Texas.

Greg Hettrick, Senior Vice President at FHLB Dallas, pointed out that the funding from the PGP is vital for sustaining essential services offered by grassroots organizations and nonprofits in various communities. Such grants play a crucial role in enabling local entities to fulfill their developmental missions, ultimately benefiting the broader economy.

This $30,000 grant is part of the FHLB Dallas’s annual funding strategy, which distributes grants through participating members, such as Texas Capital. The financial institution has accumulated total assets of $116.1 billion as of June 30, 2025, representing a robust commitment to fostering economic development through strategic partnerships.

Texas Capital Bancshares, Inc., the parent company of Texas Capital Bank, has cultivated a comprehensive network of clients since its founding in 1998. The institution emphasizes its dedication to community involvement and aims to drive economic development activities that will lead to long-term growth for the regions it serves.

As a result of this grant, The Maestro Entrepreneur Center is poised to enhance its programming and broaden its impact, positioning small businesses in San Antonio for potential success and sustainability in the competitive market landscape.

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