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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.

 

 

Events
Feb. 13, 10 a.m. - 5 p.m.

29th annual Asian Festival - Year of the Monkey

The UTSA Institute of Texan Cultures invites Texas and Texans to the Asian Festival. What began as a traditional family reunion for the Chinese New Year has expanded to include other Asian communities and participants, showcasing their unique culture and traditions.
The UTSA Institute of Texan Cultures

Feb. 13, 1 p.m.

2016 Interdisciplinary Studies Colloquium

Join the UTSA Department of Interdisciplinary Learning and Teaching in celebrating interdisciplinary inquiry at the 2016  Interdisciplinary Studies Colloquium.  The colloquium will include a panel of faculty and recent doctoral graduate and a showcase of the best IDS undergraduate inquiry projects of the year 2015. The event is free and open to the public.
Business Building (BB 2.06.04), UTSA Main Campus

Feb. 15, 6 - 8 p.m.

Veterans' Networking Mixer

The intent of this event is to connect student veterans with employers who are seeking to provide advice and potentially recruit driven, skilled and equipped candidates for their organizations. This is an exciting opportunity to network and meet with seasoned professionals who will assist and guide you in transitioning into your next career move.
Wyndam Garden Riverwalk Hotel

Feb. 16, 8:30 - 11:30 a.m.

S.T.E.M. Career Fair

Are you looking for career opportunities in Science, Technology, Engineering or Math? Come to the SPRING 2015 STEM Career Fair. Recruiters from across the STEM fields will be present with full-time, part-time and/or internship opportunities. Professional dress is required. Bring plenty of resumes! Download the UTSA Career Fair Plus App on iOS and Android.
Convocation Center, Main Campus

Feb. 16, 1:30 - 4:30 p.m.

Spring 2016 All Majors Career & Internship Fair

Come to the Spring 2016 All Majors and Internship Career Fair. Recruiters from across all industries will be present with full-time or internship opportunities. Professional Dress is Required. Bring plenty of resumes! Download the UTSA Career Fair Plus App on iOS and Android.
Convocation Center, Main Campus

Feb. 17, 5:30 p.m.

CACP Speaker Series continues with Cesar Pelli

The UTSA College of Architecture, Construction and Planning (CACP) welcomes renowned architect Cesar Pelli as part of the CACP’s 2015-16 Speaker Series. Pelli is founder and Senior Principal of the New Haven, Conn. firm Pelli Clarke Pelli Architects. In his talk, “Becoming an Architect,” Pelli will present and discuss projects that were critical steps in his career.
Buena Vista Theater (BV 1.326), Downtown Campus

Feb. 23, 5:30 p.m.

African-American Social Welfare Pioneers Responding to Community Needs

The UTSA College of Public Policy presents the Dean's Distinguished Lecture Series featuring Dr. Iris Carlton-LaNey, Professor of the School of Social Work at the University of North Carolina-Chapel Hill. Dr. Carlton-LaNey will speak to the UTSA community about the role and impact of African-Americans in the social work profession.
Buena Vista Theater (BV 1.326), Downtown Campus

Feb. 23, 7 p.m.

Presentation and Book Signing with Luis Carlos Montalvan

Please join us for a presentation and book signing by Luis Carlos Montalván (Fmr. Capt., USA), author of the New York Times Bestseller Until Tuesday and the international award-winning childrens book Tuesday Tucks Me In. His books will be available for purchase at the UTSA Bookstore. This event is free and open to the public.
Southwest Room (DB 1.124), Downtown Campus

Feb. 25, 6 p.m.

12th Annual Black Heritage Gala

The 12th Annual Black Heritage Gala is a formal event which includes a student performance, keynote remarks by Michael Brown, an award presentation, dinner and dancing. Tickets are $10 for UTSA students and $15 for all other guests. Tickets are on sale now at Roadrunner Express. Contact (210) 458-4770 for more information.
H-E-B University Center Ballroom, Main Campus

Feb. 27, 9 a.m.

Cultural Contrasts in Latin America

The UTSA Institute of Texan Cultures will host a free workshop focusing on teaching Latin American culture and geography for students seeking their teacher certification. The workshop includes free resources for teaching Latin American subject matter as well as presentations on language, identity, music, geography, and political and developmental history, and a special educators’ tour of the museum’s Los Tejanos exhibit. Free with registration.
The UTSA Institute of Texan Cultures (ITC 3.01.02)


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2015 Year in Review

2015 was a significant year for UTSA. As the university moved forward on the road to Tier One research, designations and recruitment of high caliber faculty and students, it also completed its first ever capital campaign. Read about UTSA's accomplishments in the 2015 Year in Review as we look forward to what the next year will bring.

UTSA's Mission

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.

UTSA's Core Values

We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.

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