(July 8, 2014) -- The UTSA Center for Innovation and Technology Entrepreneurship (CITE) has received $300,000 from the 80/20 Foundation to continue its growth as San Antonio's pipeline for young tech entrepreneurs. On the heels of becoming the first Texas university to receive distinction as a National Science Foundation Innovation Corps Site, UTSA's focus on technology entrepreneurship is about to expand even further.
"UTSA's entrepreneurship program has been the best kept secret in San Antonio for many years," said Lorenzo Gomez III, executive director of the 80/20 Foundation. "It is these students that will end up creating the next Rackspace and we hope that with our partnership we can accelerate and expand their great momentum."
Established in 2006 as an interdisciplinary center in the College of Business and College of Engineering, CITE fosters the growth of entrepreneurs and new technology-based ventures through education, experiences, resources and support. More than 500 UTSA students have competed in the center's technology business competition resulting in more than 80 new ventures pitched to investors. Several past competition winners have established start-up companies, secured funding, hired CEOs and are on their way toward commercial success. The center also fosters the more than 100 student-owned businesses on campus in the Roadrunner Business Incubator.
"With additional resources in place, we expect to see a sizable increase in the number of students and faculty involved in San Antonio tech start-up companies over the next few years," said Cory Hallam, UTSA chief commercialization officer, associate professor and CITE director. "We have built the foundation, now we are taking the next steps to create an even more robust entrepreneurial ecosystem at UTSA."
UTSA has appointed biomedical engineering assistant professor of research Teja Guda as assistant director of CITE. Representing the College of Engineering, Guda will work alongside current CITE assistant director Anita Leffel, who serves as the College of Business representative in her role as senior lecturer in the UTSA Department of Entrepreneurship and Technology Management.
In the coming months, CITE will hire a full-time program coordinator, who will manage the center through its growth phase. With the addition of a full-time center administrator, the faculty who have been coordinating the programs will be able to focus more on enhancing the technology entrepreneurship curriculum and building the resources available to UTSA students and faculty.
"I'm very much looking forward to making the UTSA College of Engineering a more integrated part of CITE and ensuring that our engineering students target pressing real-world challenges and come to naturally think about their innovations as having a possible life beyond the classroom," said Guda.
Guda specializes in the area of developing regenerative strategies for bone and skeletal muscle tissue engineering and works closely with the U.S. Army Institute of Surgical Research to translated these therapies to treat wounded warriors. He understands the important role engineers play in developing innovative products and technologies that could change the world and has developed an engineering course at UTSA on product development.
Guda earned his undergraduate degree in mechanical engineering at the Indian Institute of Technology in Bombay, India, and received his Ph.D. in biomedical engineering at UTSA through the joint program with the UT Health Science Center San Antonio. After completing postdoctoral research at Wake Forest Institute for Regenerative Medicine, he returned to San Antonio in 2011 to join the faculty of the UTSA Department of Biomedical Engineering.
CITE's signature programs include the semiannual $100K Student Technology Venture Competition and Technology Entrepreneurship Boot Camp. Additionally, CITE manages the Roadrunner Business Incubator for early-stage student companies and the New Venture Incubator for emerging technology and biomedical device companies. In May 2014, CITE was designated a National Science Foundation Innovation Corps Site, joining a national initiative to foster entrepreneurship that will lead to the commercialization of technology.
For more information, visit the UTSA Center for Innovation and Technology Entrepreneurship website.
The CACP 2016-2017 Speaker Series continues with architect and writer Jason Griffiths of the University of Arizona and Jason Griffiths Architecture. His practice is based on a multidisciplinary approach.
Buena Vista Building, Aula Canaria Auditorium (BVB 1.328), Downtown Campus
UTSA's Department of Music hosts Dr. David Huron from Ohio State University as part of the Donald Hodges lecture series. Huron is a Canadian arts and humanities distinguished professor at Ohio State University.
John Peace Library, UTSA Faculty Center, (JPL 4.04.22), Main Campus
The UTSA community is encouraged to donate blood and save a life. Donors will also receive a free t-shirt.
H-E-B University Center parking lot, Main Campus
Dr. Stephanie Westney (violin) presents a concert of Mozart compositions as performed by herself and other talented musicians from the university and surrounding area. This concert is free and open to the public.
Arts Building, Recital Hall (ARTS 2.03.02), Main Campus
The Student Center for Community Engagement and Inclusion annually hosts a Volunteer Opportunities Fair to allow students, faculty and staff to learn about volunteer and service-learning opportunities in the San Antonio area.
University Center, 1st floor corridor, Main Campus
Join the conversation about the experiences of military-connected families in transition. Free parking in the Cattleman Square (along Buena Vista Street). The event is free and open to the public.
Frio Street Building, Riklin Auditorium (FS 1.406), Downtown Campus
School district superintendents and other district leaders responsible for bilingual and ESL programs' administration and accountability learn about cultural literacy, language, and diversity in the community.
Recruiters from across the STEM fields will be present with full-time, part-time and/or internship opportunities. Dress professional and bring plenty of resumes.
Convocation Center, Main Campus
Recruiters from across all fields looking to hire students with all different majors will be present at this event looking to hire for their full-time and/or internship opportunities. Professional dress is required. Bring plenty of resumes.
Convocation Center, Main Campus
The Civic Engagement Summit is an opportunity to celebrate and showcase UTSA's commitment to civic engagement through a myriad of efforts by students, faculty and staff, highlighting the significant ways the university impacts the local community.
H-E-B University Center Ballroom, (HUC 1.104), Main Campus
The Department of Demography presents Dr. Rodolfo Cruz Peñeiro of El Colegio de la Frontera Norte. His presentation is titled "Changes in the Migratory Dynamics of the Northern Mexican Border." This event is free and open to the public.
Monterrey Bldg., (MNT 3.240), UTSA Downtown Campus
Grab your friends, family, kids and dog for this annual fun run on the UTSA Main Campus benefititng the UTSA Alumni Association.
Convocation Center, Main Campus
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.