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Rio South Texas Economic Council and the U.S. Small Business Administration

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Yolanda Olivarez, SBA and Alma Puente Colleli, RSTEC
Yolanda Olivarez, SBA and Alma Puente Colleli, RSTEC

 Texas Border Business

McAllen, TX –March 2014The Rio South Texas Economic Council (RSTEC) and the Lower Rio Grande Valley District Office of the U.S. Small Business Administration (SBA) will sign a Strategic Alliance Memorandum (SAM) at 10:00 AM on Wednesday, March 26, 2014 at the SBA District Office, 2422 E. Tyler Ave., Harlingen, Texas.

“We are extremely excited about the signing of the SAM,” stated Alma Puente Colleli, RSTEC Executive Director. “The purpose is to support investment and create jobs through increased collaboration. “Furthermore, we are honored SBA Region VI Administrator Yolanda Garcia Olivarez be with us during the signing as part of her two day visit to the region.”

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The Rio South Texas Economic Council (RSTEC) is a public and private association of economic development interests within the four southernmost Texas counties. RSTEC was formed to enhance knowledge of the area’s many assets; to foster the growth of the local economy; and to enhance the area’s competitiveness in order to attract capital investment and jobs.

“The SBA is pleased to work with RSTEC to drive economic development through business ownership,” said Sylvia Zamponi, SBA District Director. “The SAM is designed to spur economic development through small business growth, and to improve entrepreneurial education that advances greater access to capital, expanded technical assistance and access to procurement programs.”

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