Tuesday, April 23, 2024

UTSA business development center receives grant to help New Braunfels’ entrepreneurs

UTSA business development center receives grant to help New Braunfels’ entrepreneurs

OCTOBER 27, 2022 — The New Braunfels City Council recently approved a $210,000 grant that will enable the New Braunfels office of the UTSA Small Business Development Center (SBDC) to continue to provide vital services to start-ups and growing businesses. The grant comes from the City of New Braunfels and the New Braunfels Economic Development Corp. to the Spark Small Business Center. The Spark Small Business Center then awarded funding to the UTSA SBDC.

UTSA SBDC office in New Braunfels operates via an annual contract with the Spark Small Business Center and offers free advising, market research, referrals and workshops to business owners and entrepreneurs who want to start a business or build an existing business.

Advising is one-on-one and confidential. Workshops are available for small business and future small business owners. Clients who need specialized services can also receive referral within the SBDC’s extensive network.

During fiscal year 2022, the New Braunfels center served 573 clients, held 21 training events, helped start or expand 21 businesses and created 60 new jobs. Seventy-five jobs were retained through the work of this office. For the year, a total capital infusion of $5,584,400 was attained for these New Braunfels business clients.

“We are grateful to the New Braunfels Economic Development Corporation, the New Braunfels City Council and the Spark Small Business Center,” said UTSA SBDC Director Richard Sifuentes. “By renewing the grant award, our advisors and staff members will be able to continue their excellent work in strengthening New Braunfels’ economy.”


EXPLORE FURTHER
Find out more about the Spark Small Business Center or sign-up for one of the firm’s activities.

The UTSA SBDC provides small business counseling in 11 counties of South and Central Texas. It is one of 10 centers and programs in the UTSA Institute for Economic Development that facilitate economic, community and business development at the local, regional and national levels.

Kevin Wier



UTSA Today is produced by University Strategic Communications,
the official news source
of The University of Texas at San Antonio.

Send your feedback to news@utsa.edu.


UTSA Today is produced by University Communications and Marketing, the official news source of The University of Texas at San Antonio. Send your feedback to news@utsa.edu. Keep up-to-date on UTSA news by visiting UTSA Today. Connect with UTSA online at Facebook, Twitter, Youtube and Instagram.


Spotlight

Spotlight

dtc-utsa-sign_680.png
University of Texas at San Antonio receives ‘transformational’ $40M gift

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.

UTSA’S Destinations

UTSA is a proud Hispanic Serving Institution (HSI) as designated by the U.S. Department of Education .

Our Commitment to Inclusivity

The University of Texas at San Antonio, a Hispanic Serving Institution situated in a global city that has been a crossroads of peoples and cultures for centuries, values diversity and inclusion in all aspects of university life. As an institution expressly founded to advance the education of Mexican Americans and other underserved communities, our university is committed to promoting access for all. UTSA, a premier public research university, fosters academic excellence through a community of dialogue, discovery and innovation that embraces the uniqueness of each voice.