Governor Abbott Appoints Three To Product Development And Small Business Incubator Board

August 26, 2016 | Austin, Texas | Appointment

Governor Abbott has appointed Clement Marcus, Kelli Frias, Ph.D. and Jimmy Mize to the Product Development and Small Business Incubator (PDSBI) Board for terms set to expire February 1, 2021. The PDSBI fund is a revolving loan program administered by the Office of the Governor, Texas Economic Development Bank within the Office of Economic Development Finance at the direction of the PDSBI Board. The purpose of the fund is aid in the development, production and commercialization of new or improved products and to foster and stimulate small business in the state.

Clement Marcus of El Paso is a businessman and community volunteer. He is chairman of the University Medical Center Foundation and the El Paso Children’s Hospital Foundation and a member of the Wells Fargo El Paso Advisory Board, The University of Texas (UT) at Austin McCombs School of Business Advisory Board and the UT Chancellor’s Committee. Additionally, he the founding member of The University of Texas El Paso (UTEP) Rebounders Club and a member of the UTEP Centennial Commission. He received a Bachelor of Business Administration from UT Austin.

Kelli Frias, Ph.D. of Lubbock is an assistant professor of marketing teaching strategy, new product development and technology commercialization at the Rawls College of Business at Texas Tech University. She is a member of the American Marketing Association, American Society of Engineering Education, The PhD Project, a National Science Foundation grant recipient, and a lead organizer of TEDx at Texas Tech University. Frias received a Bachelor of Science in business administration from the University of California Riverside and a Doctor of Philosophy in Marketing from the University of Arizona.

Jimmy Mize of Nacogdoches is the market president and lending manager of the Nacogdoches Branch of First Bank & Trust East Texas. Previously, he served as executive vice president in charge of lending at Regions Bank- Stone Fort. He is chairman of the Nacogdoches Economic Development Corporation, Nacogdoches County Parks Board and the Stephen F. Austin State University Foundation. He previously served as president of the Rotary Club of Nacogdoches. Mize received a Bachelor of Business Administration in finance from Stephen F. Austin University and is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University.