UPDATED: Friday, May 16, 2014 - 12:33pm
Waco , TX (KWKT) — This week is National Small Business Week and the Texas Workforce Commission just announced they will provide $1 million dollars in funding to small businesses. The Workforce Commission will partner up with Texas State Technical College and other local colleges to help provide new employees or incumbent workers of small business with needed classroom training.
Last month, Texas added 64,000 jobs and the unemployment rate was at it's lowest since September of 2008.
"Over 97 percent of our Texas employers are small businesses, having fewer than 100 employees," said TWC Commissioner Representing Employers Hope Andrade. "We work hard to make sure that our state is a place where businesses have the resources to start, grow, and thrive. National Small Business Week is our opportunity to thank our entrepreneurs for all they've done to grow a business and succeed right here in the Lone Star State."
According to the Better Business Bureau, two out of three private sector jobs are created by small businesses. Today, more than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S.. each year.
"Texas small businesses and entrepreneurs have a huge impact on not only the state, but our community. TSTC Waco serves our state by producing graduates to fill critical positions," said Dr. Elton E. Stuckly Jr., president of TSTC. "With such a large percentage of the state's employers being small businesses, without them we couldn't thrive. National Small Business week is the perfect time to recognize and thank our businesses and community partners."
For more information visit http://www.twc.state.tx.us/