Media Advisory: Economic Growth Business Incubator Celebrates $42K Grant

Audio By Carbonatix

AUSTIN, Texas--(BUSINESS WIRE)--Sep 24, 2025--

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Encore Bank and Texas Capital will celebrate a $42,000 Partnership Grant Program (PGP) award at 3:00 p.m., Tuesday, September 30, 2025, with a check presentation.

Economic Growth Business Incubator (EGBI) is an Austin-based nonprofit that provides training, coaching and support to aspiring and existing business owners who face barriers to growing a successful business. EGBI will use the grant to increase the hours of one of its business coaches to assist its clients faster with less wait time.

The PGP offers a 5:1 match of member contributions—up to $25,000 per member—to support community-based organizations involved in affordable housing or economic development activities that complement other FHLB Dallas community investment programs.

The media is encouraged to attend. There will be opportunities for photos and interviews. Parking is available for free on site. Learn more about the PGP.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250923666237/en/

CONTACT: Corporate Communications

Federal Home Loan Bank of Dallas

fhlb.com, (214) 441-8445

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE BUILDING SYSTEMS OTHER PROFESSIONAL SERVICES CONSTRUCTION & PROPERTY FINANCE SMALL BUSINESS BANKING BUSINESS PROFESSIONAL SERVICES PHILANTHROPY FUND RAISING URBAN PLANNING FOUNDATION OTHER PHILANTHROPY OTHER CONSTRUCTION & PROPERTY

SOURCE: Federal Home Loan Bank of Dallas

Copyright Business Wire 2025.

PUB: 09/24/2025 10:00 AM/DISC: 09/24/2025 10:01 AM

http://www.businesswire.com/news/home/20250923666237/en