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Archives for 2015

New UTSA study stresses diversification in economic development for oil boom towns

New UTSA study stresses diversification in economic development for oil boom towns

In a new study published in The Journal of Regional Analysis & Policy, Thomas Tunstall, research director of the UTSA Institute for Economic Development, describes how regions affected by the oil boom in the Eagle Ford Shale can avoid becoming ghost towns after the revenues dry up. “There may be 1,000 or more ghost towns in Texas,” Tunstall said. “We have to figure out a way to keep the communities that are still here viable.” In his new study, Tunstall looks at several Eagle Ford Shale counties and towns whose fortunes have been made since the oil boom in the past five years. And though the area could continue producing at a high rate for years, the key to sustaining an economy in previously sleepy towns is to use that

Celebrating our Commitment to the Texas Economy – Small Business Development Centers recognized for 35 years of service

Celebrating our Commitment to the Texas Economy – Small Business Development Centers recognized for 35 years of service

In 35 years, America’s Small Business Development Center has grown from a small pilot program to a nationwide business education and training infrastructure with nearly 1,000 centers throughout the nation providing management and technical assistance to over a million Americans annually. Charles Tee Rowe, President of Americans SBDC said, “America’s small businesses are truly the engine of economic growth, and for 35 years, America’s SBDC has been like the spark plugs keeping the engine going.” With the assistance of SBDCs, a new business is opened every 33 minutes with a new job being created every 7 minutes. As a part of the America’s SBDC family, UTSA’s South-West Texas Border SBDC and partner affiliate Network serves a 79-county region in Texas through 10 strategically located field offices. Alpine: Sul Ross State

2015 San Antonio Minority Enterprise Development Week: UTSA and Governor’s Office partner to host key event for minority business owners

2015 San Antonio Minority Enterprise Development Week: UTSA and Governor’s Office partner to host key event for minority business owners

The UTSA Institute for Economic Development MBDA Business Center, the MED Week Consortium, and the Office of the Governor are partnering to present the 2015 Minority Enterprise Development Week (MED Week), featuring a Governor’s Small Business Forum, October 13-16. The showcase awards luncheon will be held October 15th at the Norris Conference Center. This year’s theme is “Strengthening Tomorrow’s Workforce.” In addition to the annual awards luncheon honoring local minority small businesses and advocates, the MED Week Consortium will also be offering a business resource component. Both before and after the luncheon there will be a number of business essentials resource exhibitors present for attendees to network, gather information, and find potential resources to grow their business. Vendors include the UTSA Institute for Economic Development, Workforce Solutions Alamo, Liquid Capital

Chile opens first of 50 Small Business Development Centers with the guidance of UTSA Institute for Economic Development

Chile opens first of 50 Small Business Development Centers with the guidance of UTSA Institute for Economic Development

The UTSA Institute of Economic Development is helping strengthen the Chilean economy. This week, Chile opened their first Small Business Development Center (SBDC) in Valparaiso, Chile. The center is based on the U.S. SBDC model taught by the SBDC International Trade Center of the University of Texas at San Antonio (UTSA) Institute for Economic Development. Those in attendance included Chilean President of the Republic, Michelle Bachelet, Minister of Economy, Development and Tourism, Luis Felipe Céspedes, U.S. Secretary of State, John Kerry, and UTSA Sr. Associate Vice President for Economic Development, Robert McKinley. UTSA leads the consulting effort to build a network of small business centers across the hemisphere for economic development and trade, on behalf of the U.S. State Department and Organization of American States. The SBDC model has evolved

San Antonio receives federal designation as manufacturing community

San Antonio receives federal designation as manufacturing community

The Alamo Manufacturing Partnership (AMP) is a collaborative effort of several organizations from industry, academia, and government organized to assist communities that have demonstrated best practices within a specific manufacturing sector to further cultivate an environment to create well-paid manufacturing jobs and targeted industry growth. The University of Texas at San Antonio Institute for Economic Development (IED) is leading the partnership effort, which includes the San Antonio Manufacturers Association (SAMA), Southwest Research Institute (SwRI), Texas Manufacturing Assistance Center (TMAC), the Alamo Area Metropolitan Planning Organization (MPO), Bexar County Economic Development Department, City of San Antonio Economic Development Department (SAEDD), City of Seguin Economic Development Corporation (SEDC), the San Antonio Economic Development Foundation (SAEDF), Workforce Solutions Alamo (WSA), the Alamo Colleges, and Center for Advanced Manufacturing & Lean Systems (CAMLS) at

UTSA Institute for Economic Development completes study on impact of San Antonio EDF in 2014

UTSA Institute for Economic Development completes study on impact of San Antonio EDF in 2014

According to a study conducted by the UTSA Institute for Economic Development, the San Antonio Economic Development Foundation (SAEDF) assisted 28 companies that generated $1.1 billion in economic impact. The SAEDF report focuses on businesses that were attracted to the San Antonio area or that expanded in 2014. The companies represent a variety of industry sectors including information technology, manufacturing, distribution and energy. The information technology sector, including business process outsourcing and information security operations, demonstrated the strongest growth with over 3,000 new jobs, representing about 60 percent of all growth for the year. In 2013, manufacturing jobs accounted for the largest growth with 70 percent. “These numbers show that San Antonio’s economy is experiencing a growth trend that is dually propelled by recruitment, as well as business retention and

UTSA supports rural Texans with a state-wide conference

UTSA supports rural Texans with a state-wide conference

The UTSA Small Business Development Center Rural Business Program, the Governor’s Small Business Forum, Texas Workforce Commission and the Heart of Texas Council of Governments (HOTCOG) will host the 6th annual Texas Rural Challenge June 15-16 at the Waco Convention Center and Hilton Waco. This year’s theme is “Rural Matters: Growing our People, Resources, and Future”. Keynote Speakers include: Lori Krieger – Owner, Taste Elevated Bryan Daniels – Executive Director of Economic Development and Tourism, Office of the Governor Dell Gines – Sr Community Development Advisor, Federal Reserve Bank of Kansas City Carlos Cascos – Texas Secretary of State The First Lady of Texas Cecilia Abbott will also be in attendance to present Governor’s Small Business Awards to 2-3 exemplary small businesses. Additional breakout sessions feature expert panelists in water,

UTSA and key Mexican partners release preliminary report on impacts of energy reform on the Mexican Economy

UTSA and key Mexican partners release preliminary report on impacts of energy reform on the Mexican Economy

(San Antonio, May 28, 2015) – The University of Texas at San Antonio’s Institute for Economic Development, the Universidad Autónoma de Nuevo León, the Asociación de Empresarios Mexicanos, and the Woodrow Wilson Center are set to release a preliminary report to gauge the growth and the effects that the oil and natural gas industry will have for residents and decision makers in Mexico. The report contains a general overview on the Energy Reform, an economic background on oil and natural gas (especially trade between US and México) a state level profile, infrastructure and educational certificates specific to oil and natural gas education. The core study area concentrates on the economic impact on the following Mexican states: Coahuila, Nuevo León, Tamaulipas and Veracruz. “Opportunities for unconventional or shale oil and gas

UTSA Institute for Economic Development hosts Small Business Administration Town Hall event May 6

UTSA Institute for Economic Development hosts Small Business Administration Town Hall event May 6

The UTSA Institute for Economic Development was one of five organizations nationally to be selected as a host for a Small Business Administration (SBA) Town Hall as part of National Small Business Week. The Town Hall will take place from 12:30 to 1:30 p.m. on Wednesday, May 6 in the Buena Vista Building Aula Canaria (BV 1.328) room at the UTSA Downtown Campus. SBA Administrator Maria Contreras-Sweet, a member of President Obama’s Cabinet, will lead the discussion on “Access to Capital: Fueling the Financial Engine of Small Business Growth” and agency initiatives to address the opportunities and challenges facing entrepreneurs. Former San Antonio Mayor Henry Cisneros and Congressman Lloyd Doggett will also be participating on the panel. “This year, during National Small Business Week, we recommit ourselves to those fearless

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