I am excited to announce that the Betty of the Week is Stacy Rhone, the Chief Executive Officer of Business Investment Growth, aka @big_austin, a non-profit Community Development Financial Institution. If you have watched my Reels or read my history, you would know that BiGAUSTIN holds a special place in my heart. If not for this non-profit, @urbanbettysalon would not exist.


When I bootstrapped my salon company over 18 years ago, I could not qualify for a regular bank loan that would be enough for my buildout. What BiGAUSTIN does is help lend to minorities and women only. They provided a way when I needed one, and I will be forever grateful. I am excited to have come full circle to be able to support their mission as well as join their board in 2023. (Did you know that every UB product you buy helps support BiGAUSTIN?) It is an honor to drop off a check; my goal is to donate more yearly.


Now more about Stacy!


✨You are a leader in your industry. Share your background.

Stacy Rhone, MSCE 93’, is a serial entrepreneur skilled in business development and construction contracting, specializes in microlending and small business investment, and is educated in economics and civil engineering. She has a diverse background in assisting minorities, women, and the underserved in economic and community development, economic advancement, and self-sufficiency. She is a major part of economic growth and community development in Central Texas low-income and underserved communities.


✨What did you want to be when you grew up?

I wanted to be an Aerospace engineer and become an airline pilot.


✨Where are you from?

Born and raised in Austin, Texas – 4th generation!


✨What do you like to do outside of work?

I love movies (most recently, LEO (Ladies Evening Out) went to see “80 for Brady” – So much fun), gardening, decorating, refurbishing items, and renovating houses.


✨ Feel free to share anything else fun that makes you unique. 😘

Most proud to have married my high school sweetheart (we met when I was just 13), and we celebrate our 30th wedding anniversary this year. I have four fantastic children and one handsome grandson.


#teambetty #urbanbetty #urbanbettysalon