Institute for Economic Development

Universities' partnership will develop SBDCs in Honduras

International collaboration Jude Valdez, UTSA vice president for Community Services (left), signs an agreement with Rector Carlos Avila Molina of Universidad Jose Cecilio del Valle. The universities will create business training programs in Honduras.

The UTSA Institute for Economic Development has signed a new international agreement to expand the institute's presence in Central America.

The agreement allows UTSA and Universidad Jose Cecilio del Valle in Tegucigalpa, Honduras, to begin developing certificate training programs and a Small Business Development Center project modeled on similar SBDC programs in the United States.

UTSA Vice President for Community Services Jude Valdez signed the agreement with Rector Carlos Avila Molina of the Universidad Jose Cecilio del Valle.

"It is known as the entrepreneurial university in Honduras," said Robert McKinley, director of the UTSA Institute for Economic Development. "One of their priorities is preparing their graduates to become active in helping create small businesses."

Molina, a former Honduran Minister of Education, wants to eliminate his country's "brain drain" of highly educated Hondurans leaving the country for opportunities elsewhere. He wants to use the Institute of Economic Development as a model for a similar organization that could be developed across Honduras.