The New Braunfels City Council approved an expenditure by the New Braunfels Economic Development Corporation (EDC) of $750,000 for a two-year contract with the Gener8tor g-BETA program, an entrepreneurship incubator designed to assist local startup companies, on Nov. 9.
The vote was postponed from the Oct. 12 meeting, where council requested additional time to consider and potentially amend the contract with Gener8tor.
At previous meetings, council and community members have raised concerns over redundancy, questioning whether Gener8tor is necessary when the SPARK Small Business Center is already established, as well as if New Braunfels has the clientele to support the g-BETA program, The Herald-Zeitung previously reported.


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