PlainsCapital Bank Hosts Startup Social Supporting Innovation and Entrepreneurship

EDINBURG, TX (April 24, 2017) – PlainsCapital Bank hosted a startup social and professional networking reception for local startup companies on April 19, 2017, to support the Rio Grande Valley’s (RGV) growing entrepreneurial and small business landscape. The event, held at Grindstone Coworking, was designed to connect entrepreneurs with a network of resources including bankers, civic and business leaders and officials with the University of Texas RGV’s entrepreneurship and small business development programs. PlainsCapital partnered with Hive Effect – an entrepreneur development initiative created by the Edinburg Economic Development Corporation – in hosting the event.

Companies in attendance represented a range of business specialties, from startups specializing in IT solutions and web development to social media marketing, web-based education technology, online sports news and entertainment, film production, financial advisory, nutritional services and real estate development.

Additionally, PlainsCapital Bank donated dozens of iPads to support Hive Effect’s programs and services for small businesses, including classes on developing business models, social media marketing, business tax structure, and e-commerce among others.

“We want to help entrepreneurs leverage opportunities to learn and grow their businesses and create a strategy for success,” said Michael Williams, PlainsCapital Bank Edinburg market president. “It’s important that we are doing our part to contribute to a supportive infrastructure and network for entrepreneurs that helps spur innovation and jobs growth in our regional economy.”

PlainsCapital Bank has 14 branches across the Rio Grande Valley, offering a full complement of personal and business banking services as well as commercial lending.