Economic Development

We drive economic growth by attracting and growing local businesses and investing in entrepreneurship.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

We engage business leaders, public officials and the community to foster an environment that will help grow and strengthen our economy.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

We are dedicated to bringing you the resources and connections you need to grow your business today.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

We create productive public and private partnerships while serving as a reliable source for McAllen’s tourism industry to boost the economy.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

Stay up to date on what’s happening in the McAllen business community. The Chamber keeps you informed and puts a spotlight on the events and activities of our partners.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

The McAllen Chamber of Commerce helps local businesses thrive by creating economic momentum, accelerating connections and enhancing the quality of life in the region.

1200 Ash Avenue, McAllen, TX 78501

(T) 956-682-2871
(F) 956-687-2917

Newsroom

Venture/Business Readiness Assessment, another Great Tool for Entrepreneurs

Venture/Business Readiness Assessment, another Great Tool for Entrepreneurs

The McAllen Chamber of Commerce is pleased to offer the Venture/Business Readiness Assessment tool to entrepreneurs and potential businesses in McAllen. The tool guides the entrepreneur in navigating their way through the process of going from concept to market/business.

The assessment consists of the following tools:

         The Entrepreneurial Readiness Survey assesses the aptitude of the participant for the world of entrepreneurship, a path that requires special skills and personal characteristics.

Key questions:

        What are your entrepreneurial strength and weaknesses?

        Do you demonstrate the entrepreneurial characteristics investors require?

·         The Risk Readiness Assessment analyzes the amount of risk removed from the business venture through the choices made in the business model, management structure, and market strategy.

Key questions:

        Which areas of your business model demonstrate the most risk?

        Does your business model meet investors’ tolerance for risk?

·         The Venture Readiness Survey assists in identifying where in the commercialization process, which steps to follow going forward and how to position the venture for funding or business.

Key questions:

        Where is your business in the venture creation process?

        What are the key questions, deliverables, and resources associated with each step of the commercialization process?

·         The Business Plan Readiness Survey assists you in determining how well your business plan meets investor expectations.

Key questions:

        Does your business plan address critical risk-related issues?

        Where are the strength and weakness in your business plan?

·         The Venture Valuation Tool and Capitalization Table Tool use multiple approaches to assist you in determining the value of your venture.

Key questions:

        Do you know how to value your venture opportunity?

        What is the value of your venture opportunity?

This service is free for entrepreneurs considering opening or growing a business in McAllen. To schedule an assessment please contact Eduardo Millet at (956) 682-2871 or emillet@mcallenchamber.com

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