Friday, July 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?

UTSA researcher is a star behind the cloud

A revolution in cloud computing is underway, and Ravi Sandhu believes it will be much bigger than the PC and Internet revolutions that have already changed the way we live. Sandhu, director of the UTSA Institute for Cyber Security, says UTSA is taking a leadership role in tackling three fundamental cloud technology problems: how to build and operate the cloud, how to use it profitably for diverse applications and how to keep it secure.

Sandhu, the Lutcher Brown Distinguished Chair in Cyber Security in the College of Sciences, and Ram Krishnan, assistant professor of electrical engineering in the UTSA College of Engineering, are funded by a $500,000 grant from the National Science Foundation to improve cloud security.

Did you know? Sandhu, a world-renowned cybersecurity expert, holds 30 patents, has authored more than 250 papers and been cited more than 30,000 times.

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Aug. 6, 5 - 7 p,m,; 9 a.m. - 3:30 p.m.

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This annual symposium is an opportunity to discuss Texas higher education issues and trends with Texas higher education scholars, state and local government officials, students, and campus and local community members.
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Aug. 17, 11:30 p.m.

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President’s BBQ on the Plaza

Join university President Ricardo Romo on the Bill Miller Plaza for his annual free BBQ lunch.
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President's BBQ on the Lawn

Join university President Ricardo Romo on the Convocation Center lawn for his annual free BBQ lunch.
Convocation Center East Lawn, Main Campus

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