San Angelo’s economic landscape is experiencing significant growth, marked by job creation and a supportive environment for local businesses and entrepreneurs.
Job Growth in San Angelo
In January 2026, the San Angelo metropolitan area added 300 jobs, reflecting a positive trend in employment. Over the past five years, the region has averaged approximately 97 new jobs per month, indicating steady economic expansion.
Support for Entrepreneurs and Small Businesses
San Angelo offers a range of resources to support entrepreneurs and small business owners:
ASU Small Business Development Center (SBDC)
Located at 69 N. Chadbourne St., the ASU SBDC provides confidential, no-cost business advising services. Their areas of expertise include business startup, growth and retention, planning, financing, marketing, human resources, financial analysis, and more.
Concho Valley Center for Entrepreneurial Development
Also situated at 69 N. Chadbourne St., this center offers resources and support for aspiring entrepreneurs aiming to start or grow their businesses, focusing on fostering innovation and creativity.
San Angelo Chamber of Commerce
Since 1916, the Chamber has been the voice of business in the Concho Valley, working to strengthen the local economy, advocate for members, and advance community excellence. They offer various programs, including the Business Mentor Program, designed to connect less experienced business owners with seasoned mentors for advice and support.
M.A.N.O. San Angelo
The Minority Alliance Network Organization (M.A.N.O.) is dedicated to promoting diversity and inclusion in San Angelo’s business community. They provide resources, education, and networking opportunities to empower minority-owned businesses.
Economic Development Initiatives
The San Angelo Chamber’s Economic Development Department focuses on strengthening entrepreneurial liberty and wealth-building opportunities through new-enterprise recruitment, incumbent-business support, and securing a skilled workforce. They aim to develop a talent pipeline to meet the skills demand of businesses and galvanize skilled workforce recruitment.
Additionally, Mayor Tom Thompson has highlighted a potential multibillion-dollar data center under consideration, valued between $7 billion and $12 billion. Such a project could generate substantial tax revenue without the public safety or infrastructure burdens often linked to residential growth.
San Angelo’s commitment to economic development, coupled with robust support systems for entrepreneurs and small businesses, positions the city as a thriving hub for business and innovation.