(Jan. 14, 2013) --The University of Texas at San Antonio Institute for Economic Development clients generated $1.4 billion in business growth during fiscal year 2012 including $1.06 billion in increased sales, contracts and exports, and $330 million in new capital. This is the first time the institute and its clients have exceeded the $1 billion threshold.
"These remarkable numbers show how UTSA is, in many ways, already providing a Tier One level of service," said UTSA President Ricardo Romo. "In the past year alone, the institute has expanded its reach throughout the Eagle Ford region at home and internationally in Latin America and the Caribbean. This is the impact a Tier One institution creates. I am so proud of the great work that is underway."
The UTSA Institute for Economic Development is comprised of a dozen centers and programs that provide professional business advising, technical assistance, training, research and strategic planning services to entrepreneurs, business owners and community leaders. The institute primarily serves San Antonio and the Texas-Mexico border area, as well as national and international stakeholders, fostering economic development in support of UTSA's community-engagement mission.
During FY 2012, the UTSA Institute for Economic Development:
The record $1.4 billion in small-business client growth is indicative of Texas leading economic recovery and expanded capacity of the institute's programs. During FY 2012, the Institute of Economic Development also partnered with industry and government to conduct research and develop programs to meet a variety of business and economic opportunities. Highlights include:
UTSA's work to extend the Small Business Development Center model in Latin America was recognized by President Obama when he initiated the Small Business Network of the Americas last April at the Summit of the Americas. Strengthening entrepreneurial economies south of the border helps stabilize democracies, mitigate migration and builds market access for trade growth between small businesses here and there.
To date, the institute has guided establishment of 108 SBDCs in Mexico, 10 in El Salvador, 2 in Colombia and 1 in Belize. The U.S. State Department Pathways to Prosperity program has engaged UTSA to establish SBDCs in the DR-CAFTA region including Costa Rica, Honduras, Guatemala, Dominican Republic and Panama, plus the South American markets of Colombia and Peru. The Organization of American States and U.S. OAS Mission have engaged UTSA to establish SBDCs in the Caribbean region including Belize and the island nations of Jamaica, Barbados, Dominica and St. Lucia.
The institute also executed an agreement with Brazil's Small Business Agency, SEBRAE, to connect their 1.1 million clients to the U.S. SBDC Network and LAC markets through the SBDC Global website, an international trade platform developed by the UTSA International Trade Center.
"At home and abroad, small businesses provide the dynamism and diversification for healthy economies," said Robert McKinley, UTSA associate vice president and director of the Institute of Economic Development. "Our team of UTSA professionals is providing Tier One services as evidenced by these excellent results and extensive reach."
This one day symposium features keynote lectures by national level biomaterial scientists and engineers. Academic & industry researchers will showcase ongoing research to promote scientific collaborations in the state.
H-E-B UC Ballroom, Main Campus
UTSA offers science, engineering, architecture, sports, music, writing, and language and culture camps for kids and teens all summer long.
Various locations on all 3 campuses
The 2nd annual symposium will showcase presentations by researchers from national, Texas, and San Antonio academic institutes and pharmaceutical companies. Advanced registration is required.
UC, Denman Ballroom, Main Campus
The 45th annual festival is the biggest cultural celebration in Texas. More than 40 different cultural groups in Texas are represented as guests celebrate their culture and heritage.
Institute of Texan Cultures grounds
UTSA alumna, Olympic champion excels in professional arenas
The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world.
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