(May 20, 2014) -- The Small Business Development Center in the UTSA Institute for Economic Development recently welcomed U.S. Rep. Pete Gallego to the Downtown Campus for a Small Business Access to Capital roundtable.
"It was a great opportunity for Congressman Gallego to hear about capital needs and the challenges to obtaining capital directly from small business owners in his congressional district," said Morrison Woods, UTSA SBDC director.
The agenda included an open forum on access to capital, an overview of Small Business Administration lending programs and a lender panel. Lenders in attendance included Kenan Pankau, SBA program manager with Randolph-Brooks Federal Credit Union; Elva Adams, vice president of banking business with Wells Fargo; Maitland Rutledge Jr., senior vice president with the Bank of San Antonio; and Joe Pena Jr., market president with Frost Bank.
The roundtable provided information on loan programs available to small business owners and the current lending environment. The discussion with Gallego allowed business owners the opportunity to express their needs for capital.
Among the many items mentioned by small-business participants included the regulatory burdens of doing business, the need for capital for business expansions, the cost of capital to start a business and the documentation requirements for obtaining a loan.
The UTSA SBDC offers integrated services to meet the needs of experienced small-business owners as well as entrepreneurs just starting a business. The SBDC serves San Antonio and the 10 surrounding counties. The experienced staff provides confidential, one-on-one business advising at no charge and an array of training workshops. In 2013, clients assisted by the SBDC obtained $52 million in capital to start or expand their businesses.
About the IED
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. 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 IED fosters economic and community development in support of UTSA's community engagement mission.
The University of Texas at San Antonio (UTSA) is an emerging Tier One research institution specializing in health, energy, security, sustainability, and human and social development. With nearly 30,000 students, it is the largest university in the San Antonio metropolitan region. UTSA advances knowledge through research and discovery, teaching and learning, community engagement and public service. The university 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.
The annual Center for Innovation, Technology and Entrepreneurship (CITE) 100K Venture Competition and Exposition will be held on the Main Campus on Dec. 1. Twenty-eight teams from across the university will exhibit their project; six teams will compete for a prize pool of more than $100,000 in funding to launch their new venture / company. More than 650 students have participated in launching new technology ventures.
Biotechnology, Sciences and Engineering (BSE 2.102), Main Campus
This concert features 50 community children performing music in the UTSA Downtown String Project Winter Concert. The children, led by UTSA music students studying to be music teachers, will join together in playing the Theme from Batman at their concert. The Batman of San Antonio, a local celebrity figure, will make an appearance at the concert. This event is free.
Buena Vista Theatre, Downtown Campus
Graduate student uses storytelling to highlight important issues facing children
As touch screens and e-books demand more and more attention from both casual readers and scholars, many people say the handwriting is on the wall for the printed page.
At UTSA, the handwriting is on the wall for a library that doesn't have any printed books.
Since March 2010, the bookless library in the Applied Engineering and Technology Building has given UTSA students an innovative way to read, research and work with each other to solve problems.
With ultra-modern furniture and a décor featuring desktop computers, scanners and LCD screens, the AET Library is designed to engage students in an online format. But it also offers group study niches and study rooms with whiteboards and glass walls on which students can write. The space encourages teamwork, communications and problem solving for the next generation of scientists and professional engineers.
Did you know? The UTSA AET Library is the nation's first completely bookless library on a college or university campus. It served as a model for Bexar County's first-in-the-nation public bookless library system and one of its branches, the Dr. Ricardo Romo BiblioTech.
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.
To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.
We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.