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Archives for 2014

Eagle Ford Shale generated more than $87 billion in economic output for Texas in 2013

Eagle Ford Shale generated more than $87 billion in economic output for Texas in 2013

Region supported nearly 155,000 full-time jobs last year (San Antonio, Sept. 23, 2014) – The production of oil and natural gas in the Eagle Ford Shale generated more than $87 billion in total economic output for the state last year, according to a study released today by The University of Texas at San Antonio (UTSA) Institute for Economic Development. UTSA researchers also concluded that shale activity supported almost 155,000 full-time equivalent jobs and provided more than $4.4 billion to local and state governments in 2013. UTSA projects that by 2023 the region will support more than 196,000 jobs and generate more than $137 billion for Texas. These new numbers exceed what was projected in previous studies due to the attraction of new manufacturing projects associated with natural gas and additional

Congressman Pete Gallego Attends Small Business Roundtable hosted by the UTSA SBDC

Congressman Pete Gallego Attends Small Business Roundtable hosted by the UTSA SBDC

(May 14, 2014) The UTSA Small Business Development Center, a part of the UTSA Institute for Economic Development, hosted a Small Business Access to Capital Roundtable on May 14, 2014 with Congressman Pete Gallego. Morrison Woods, Director of the UTSA SBDC expressed that, “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.” The agenda included an open forum on access to capital, an overview of Small Business Administration lending programs and a lender panel. Lenders include Kenan Pankau, SBA Program Manager with Randolph-Brooks Federal Credit Union; Elva Adams, Vice President of Banking Business with Wells Fargo Bank; Maitland Rutledge, Jr., Senior Vice President with the Bank of San Antonio; and Joe

UTSA SBDCNet Conducted its 70,000th Research Request

UTSA SBDCNet Conducted its 70,000th Research Request

(May 1, 2014) The Small Business Development Center National Information Clearinghouse (SBDCNet) conducted its 70,000th business information request in May. SBDCNet is dedicated to meeting the needs of the 1,100 small business development centers (SBDC) across the United States by providing timely, relevant, web-based information, and training services to SBDC advisors and their clients. Using Web-based subscription services and other databases available through the UTSA Library, SBDCNet researchers can collect data on industry trends, geography and demography, customer profiles, competitive company details, regulations, intellectual property, location suitability and more. Each request consists of several different reports totaling over 350,000 individual reports during the SBDCNet’s history. SBDCNet is headquartered at the University of Texas at San Antonio South West Texas Border SBDC Network. UTSA was selected to host the SBDCNet for

UTSA hosts Mexico-U.S. Entrepreneurship and Innovation Council (MUSEIC) Meeting April 23-25

UTSA hosts Mexico-U.S. Entrepreneurship and Innovation Council (MUSEIC) Meeting April 23-25

(April 16, 2014) The University of Texas at San Antonio Institute for Economic Development will host the first Mexico-U.S. Entrepreneurship and Innovation Council (MUSEIC) meeting in the United States April 23-25. Established in 2013, MUSEIC was created as a part of the High-Level Economic Dialogue announced by President Barack Obama and Mexican President Enrique Peña-Nieto to promote bi-national approaches to advance North American competitiveness, trade, and innovation in the entrepreneurial sector. San Antonio was selected as the Council’s first U.S. meeting location to showcase the city’s assets for bi-national entrepreneurship and as an ideal venue to address new development policies and initiatives. “San Antonio is a leading city connecting education, research, innovation and business opportunities between Mexico and the U.S.,” said Ricardo Romo, UTSA President. “It also offers the perfect

Institute’s International Trade Center to Receive 2014 SBDC of the Year Award

Institute’s International Trade Center to Receive 2014 SBDC of the Year Award

(April 04, 2014) The University of Texas at San Antonio (UTSA) Institute for Economic Development announced today that Cliff Paredes, Director of the International Trade Center, and his team of International Business Consultants and support staff, has been selected as the National 2014 Small Business Development Center (SBDC) of the Year by the U.S. Small Business Administration (SBA). The official award ceremony will be part of the National Small Business Week (NSBW) events to be held in Washington D.C. on May 12-16. Each year since 1963, the President of the United States has issued a proclamation calling for the celebration of National Small Business Week, a set of events that recognizes outstanding small business owners for their personal successes and contributions to the U.S. Small business is a critical sector

Institute’s Robert McKinley Appointed to State Small-Business Assistance Advisory Task Force

Institute’s Robert McKinley Appointed to State Small-Business Assistance Advisory Task Force

(March 24, 2014) Gov. Rick Perry has appointed UTSA Associate Vice President for Economic Development Robert McKinley to serve as a member of the Office of Small Business Assistance Advisory Task Force. The task force advises and assists the Office of Small Business Assistance, governor, lieutenant governor and speaker with issues that relate to small businesses, and provides information in plain language to the public on issues related to small businesses. Since 2003, McKinley has led the UTSA Institute for Economic Development with a portfolio of a dozen centers and programs that provide business training, consulting and research to more than 38,000 clients annually across the South Texas border region. In 2013, the institute’s client services generated more than 4,100 new jobs, 523 start-ups and 519 business expansions, generating increased

Robert McKinley to Receive NASBITE International Trade Award

Robert McKinley to Receive NASBITE International Trade Award

(March 18, 2014) The University of Texas at San Antonio (UTSA) Institute for Economic Development announced today that Robert McKinley, Associate Vice President for Economic Development, has been selected to receive the National Association of Small Business International Trade Educators (NASBITE) International 2014 Advancing International Trade Award for the State of Texas, at the NASBITE International Conference in Memphis, Tennessee, April 2-4, 2014. NASBITE International is an educational organization dedicated to developing international trade professionals through the Certified Global Business Professional (CGBP) exam and credential, training programs, and the annual conference. NASBITE International has been working to raise the level of practice in the field, provide professional development goals and showcase competency for those practicing international trade and related professions. The NASBITE CGBP credential provides a benchmark for competency in

UTSA Institute for Economic Development Reports $1.6 billion in Economic Impact

UTSA Institute for Economic Development Reports $1.6 billion in Economic Impact

(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 full report here. 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

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