Companies have plans, but slow to pull trigger, Ehrie tells DCOA board

Abilene Reporter-News -Judy Wilhelm, director of the Texas Tech University Small Business Center, gave a report noting that the center helped entrepreneurs open 86 businesses in the 12-month period ending Oct. 1, up from 81 businesses in the previous year. But the slightly more than $6 million in capital formation associated with those companies was less than the $8 million last year and much less than the nearly $16 million in fiscal year 2009.

While business growth and expansion may have slowed in Abilene, local companies have plans on the drawing board, according to Bill Ehrie, president of the Abilene Industrial Foundation.

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Judy Wilhelm, director of the Texas Tech University Small Business Center, gave a report noting that the center helped entrepreneurs open 86 businesses in the 12-month period ending Oct. 1, up from 81 businesses in the previous year. But the slightly more than $6 million in capital formation associated with those companies was less than the $8 million last year and much less than the nearly $16 million in fiscal year 2009.

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