(March 25, 2010)--The UTSA Institute for Economic Development (IED) has been awarded a three-year, $780,000 grant from the North American Development Bank (NADBank) and the Community Adjustment and Investment Program (CAIP) to create sustainable new jobs and expand and diversify local economies in major Texas border communities.
The funds will support research and assistance to local governments, rural areas, communities and businesses on which there has been a direct or indirect impact by NAFTA (North America Free Trade Agreement). Targeted areas include communities in the Rio Grande Valley within Cameron, Hidalgo, Starr and Willacy counties; the Del Rio area in Val Verde County; the Laredo area in Webb County and El Paso.
"Many communities across South Texas are experiencing a declining tax base, lack of small-business development and population flight due to lack of jobs," said Al Salgado, director of the South-West Border SBDC Network. "This project is designed to assist rural communities that must grow their own business base because they are not positioned to attract major manufacturers and research projects with state incentive funds, as do the larger cities."
In addition to the South-West Texas Border SBDC Network, other institute centers will contribute expertise. These include the Rural Business Program, Center for Community and Business Research, International Trade Center, Southwest Trade Adjustment Assistance Center, SBDC National Information Clearinghouse and six SBDC Network centers in the targeted counties. This project is a partnership with the U.S. Treasury Department.
For more information, contact Lynn Gosnell at 210-458-2958.
UTSA prides itself on giving students a well-rounded education. Combining a top-tier academic program with opportunities for personal growth prepares students to compete in a global economy. And that's not all. They learn to be informed and engaged citizens as well. At the heart of that academic program is an award-winning core curriculum.
For four consecutive years, UTSA has received an A-rating from the American Council of Trustees and Alumni for the caliber of its core curriculum. According to ACTA, UTSA requires its students to take six of the seven courses deemed "crucial" to a well-rounded education: composition, literature, U.S. government or history, economics, mathematics and science. Only a handful of other institutions in the U.S. are giving students these tools, which are needed to succeed in careers and the community.
Did you know? UTSA is one of only three Texas institutions and 23 in the United States to receive the highest rating for its core curriculum in the 2014-2015 edition of the ACTA's "What Will They Learn?" report.
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