Monday, August 31, 2015

UTSA Institute for Economic Development expands SBDC model to Caribbean

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Small Business Development Center training in Jamaica

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(April 9, 2013) – UTSA began in 2012 to assist five countries in the Caribbean -- Barbados, Belize, Dominica, Jamaica and Saint Lucia -- in adapting the Small Business Development Center (SBDC) model. The goal of the expansion initiative is to create a network of sustainable and successful small business assistance networks based on the proven U.S. Small Business Development Center model.

The expansion initiative is a partnership with the U.S. government through the U.S. Mission to the Organization of American States (OAS); the OAS Department of Economic Development, Trade and Tourism; and the Caribbean Export Development Agency (Caribbean Export).

UTSA is providing expert guidance for each country on:

  • small to medium-sized enterprises (SME) policy development,
  • hands-on training to transfer the SBDC model,
  • training future SBDC professionals,
  • hosting observational visits to San Antonio,
  • developing accreditation standards,
  • creating an association of SBDCs and
  • conducting in-country SBDC operational improvement visits

The most recent training was completed in Kingston, Jamaica. Jamaica is the second country in the region to complete the training following Belize, where the first SBDC was opened Oct. 31, 2012.

Organization of American States (OAS) Ambassador Albert Ramdin, who was in attendance, said, "OAS member states have long recognized the importance of SMEs as major contributors to employment, growth and innovation."

He noted that small businesses account for 90 percent of jobs and more than 70 percent of gross domestic product in the CARICOM region and that the project was developed in response to the capacity constraints the states face, limiting their productivity, competitiveness and full development.

"By helping further develop and strengthen the capacity of MSME support institutions, they will be capable of providing the specialized counseling, training and mentorship programs that will guide businesses in growing and becoming more competitive," added Ramdin.

The Caribbean SBDC expansion builds on the 35 years of experience afforded by U.S. SBDCs.

The SBDC model centers on providing advising, training and research to assist clients in creating long-term economic impact via job creation and retention, access to capital, increasing sales and establishing international relationships by using trade platforms like SBDCGlobal.com.

The UTSA Institute for Economic Development is dedicated to creating jobs, growing businesses and fostering economic development. Its 12 centers and programs provide professional business advising, technical training, research and strategic planning for entrepreneurs, business owners and community leaders. Its programs serve San Antonio, the Texas-Mexico border area and regional, national and international stakeholders. Together with federal, state and local governments, and private businesses, the institute fosters economic and community development in support of UTSA's community engagement mission.

 

 

Did You Know?

Football standouts make Roadrunner history

For Ashaad Mabry and Triston Wade, football is not just a passing fancy. Both players were part of the UTSA football program almost from the beginning. When UTSA opens the 2015 season Thursday at Arizona, it will be the first time the Roadrunners take the field without them. But Mabry and Wade will still be playing football; their uniforms will just be a different color.

Mabry, a defensive tackle from San Antonio's MacArthur High School, was an honorable mention All-Conference USA selection his final two seasons as a Roadrunner and second among the team's defensive linemen with 49 tackles last year. Wade, a defensive back from Tyler, was the most decorated player in school history. He was a semifinalist for the 2014 Jim Thorpe Award – for the nation's top defensive back – a three-time all-conference honoree and two-year team captain who set a school record of 293 tackles in his career. Both men had outstanding college careers that allowed them to make UTSA history.

Did you know? Mabry and Wade both agreed to terms as undrafted free agents with the New Orleans Saints and Seattle Seahawks, respectively, becoming the first UTSA players to move to the professional ranks.

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