(July 31, 2013) -- In 2012, the San Antonio Economic Development Foundation (SAEDF) member companies generated nearly 3,700 jobs in and around San Antonio, according to a study conducted by the UTSA Institute for Economic Development.
>> The SAEDF report focuses on businesses that were attracted to the San Antonio area or that expanded in 2012.
Twenty-five companies were included in the study, representing a wide variety of industries including several national operations and data centers that continue to put San Antonio on the map as an emerging national support hub. Oil and gas industries also remain big players in the upcoming economic landscape as shale activity continues to grow in South Texas and around the state.
Forecasts for the 25 firms over the first full year of operation show more than $1.05 billion in total economic impact and the creation of 7,053 direct and secondary jobs.
"These numbers signify that San Antonio is growing and continuing to be successful in not only attracting companies to our economic landscape, but also helping them stay here and grow here. This is great news for our business community," said Thomas Tunstall, research director of the Institute for Economic Development.
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 and the Texas-Mexico border area, as well as regional, national and international stakeholders. Together with federal, state and local governments and private businesses, the UTSA Institute for Economic Development fosters economic and community development in support of UTSA's community engagement mission.
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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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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