NACOGDOCHES, Texas — Larry Cain, former director of the Angelina College Small Business Development Center, has been named director of the Small Business Resource Hub, part of the Arnold Center for Entrepreneurship in Stephen F. Austin State University’s Rusche College of Business.
“Small businesses are experiencing unique challenges after two years of COVID-19, and they are now facing a severe shortage of employees,” said Cain, who earned his Bachelor of Applied Arts and Sciences from SFA in 1999. “They need all the help they can get, especially when it’s available at no cost to them.”
SFA’s SBRH services include loan proposals, marketing, retailing, advertising, budgeting, business planning and personnel management.
“The launch of our Small Business Resource Hub is a great example of a long-running strategy coming together with alumni and community support to generate a truly special outcome,” said Dr. Tim Bisping, dean of the college. “The establishment of the Arnold Center for Entrepreneurship has made the hub possible, and hiring Larry Cain to serve as its director guarantees success. We are so grateful to have this hub available to small businesses in East Texas, and we are excited to see the benefits that will be generated by it under Larry’s leadership.”
During his 12 years at the Angelina College Small Business Development Center — which serves Angelina, Nacogdoches, Polk, Trinity and Tyler counties — Cain spent a lot of time advising small businesses in Nacogdoches and worked with the Nacogdoches Economic Development Corporation and SFA to hold classes for current and future entrepreneurs.
Cain, who also has been a licensed real estate broker for over 40 years, offers experience in banking and finance, investments, insurance and small business management.
“I’ve worked with local lenders and the Small Business Administration in helping people achieve their dream of starting a new business,” he said. “I especially enjoy assisting clients in obtaining financing for their business idea and introducing them to lenders if they don’t have an existing banking relationship of their own.”
Cain said he is ready to meet by appointment with new clients at his SFA office in the McGee Business Building or the NEDCO office at Nacogdoches City Hall.
In his spare time, Cain, who also served in the U.S. Air Force, likes to travel, spend time with his grandchildren and participate in the East Texas Corvette Club.
SBRH is one of several entities launched recently by SFA’s Rusche College of Business to help bolster local businesses. Others include the Arnold Center for Entrepreneurship, Business and Community Services, and the Center for Business and Economic Research.
For more info, visit sfasu.edu/cob/services/sbrh.