Tuesday, September 01, 2015

UTSA Institute for Economic Development reports $1.6 billion in economic impact

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(Feb. 13, 2014) -- Clients of The University of Texas at San Antonio Institute for Economic Development generated $1.6 billion in business growth during fiscal year 2013 including $1.26 billion in increased sales, contracts and exports and $350 million in new capital. It's the second consecutive year the institute and its clients have exceeded the $1 billion threshold.

>> View the institute's 2013 annual report.

The UTSA Institute for Economic Development provides professional business advising, training, research and strategic planning services to entrepreneurs, business owners and community leaders. The Institute primarily serves San Antonio and the Texas-Mexico border area as well as national and international stakeholders, fostering economic development in support of UTSA's community engagement mission.

During fiscal year 2013, the UTSA Institute for Economic Development:

  • Served 36,115 business and community clients including 23,008 training participants
  • Assisted with 8,328 consulting cases and 9,132 research hours
  • Helped launch 523 new businesses
  • Helped expand 519 existing businesses
  • Supported the creation of 4,176 new jobs and the retention of 5,528 jobs

The small business client growth of the institute's clients is indicative of Texas' strength as a leader in the nation's economic recovery. During fiscal year 2013, the IED also partnered with industry and government to conduct research and develop programs to meet business and economic opportunities.

Highlights included:

  • Conducting an economic impact study of the Eagle Ford shale oil and natural gas play. The institute found that the region generated $61 billion in economic impact and supported more than 116,000 regional jobs in 2012. The Eagle Ford shale is now the largest oil and gas play in the world.
  • Conducting an economic impact study on the oil and natural gas play in a 16-county region of West Texas, the institute found that the area generated a total economic impact of more than $14.5 billion and supported 21,450 full-time jobs for workers in oil and gas, drilling, support operations, pipeline construction, refineries and petrochemicals in 2012.
  • Implementation of municipal capacity building programs and training sessions to assist communities impacted by Eagle Ford shale related growth.
  • Expanding small business trade domestically with the National Export initiative and internationally with the Small Business Network of the Americas initiative to help build the Small Business Development Center network's trade and development partners in 15 countries to date as partners in trade and development.

"Small businesses add up to big growth, and UTSA is committed to providing advising, training and research with high-impact results," said Robert McKinley, UTSA associate vice president for economic development.

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About the IED

The University of Texas at San Antonio (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.

About The University of Texas at San Antonio

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 29,000 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.

 

 

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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Labor Day Holiday

All campuses will be closed for the Labor Day holiday.
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Sept. 12, 11 a.m.

UTSA Football vs. Kansas State

Cheer on the UTSA Roadrunners at their home-opener against the Kansas State Wildcats.
Alamodome, 100 Montana St.

Sept. 15, 5:30 - 7 p.m.

Changing the Conversation: Recovery Works!

As part of National Recovery Month, a panel of substance abuse practitioners and members of the recovery community will discuss issues related to substance abuse treatment and recovery.
Durango Building 1.124 (DB 1.124), Downtown Campus

Sept. 24, 6 p.m.

The Power of Story in the Landscape of Memory and Identity

The UTSA College of Education and Human Development will host award-winning children’s author and illustrator Yuyi Morales. Morales will share personal stories that have influenced her work as an author and illustrator.
Buena Vista Building Aula Canaria (BV 1.328), Downtown Campus


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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.

UTSA's Vision

To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.

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