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  • Institute for Economic Development hosts University Economic Development Association annual summit

    Read Original Story here OCTOBER 21, 2022 — The UTSA Institute for Economic Development (IED) hosted the 2022 University Economic Development Association (UEDA) annual summit earlier this month in San Antonio. The summit’s goal was to exchange new ideas and learning on regional partnerships for economic growth. Attendees learned what UTSA and San Antonio are doing to strengthen the regional economy. University of Texas System Chancellor James B. Milliken delivered the keynote address and UTSA President Taylor Eighmy delivered welcoming remarks. “The University Economic Development Association brings a wealth of collective knowledge on how to best economically grow a region,” said Rod McSherry, UTSA associate vice president for innovation and economic development. “The Institute of Economic Development was proud to host the association in San Antonio.” UTSA panelists and speakers included Bijo Mathew, director of

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  • Institute for Economic Development hosts University Economic Development Association annual summit

    Read Original Story here OCTOBER 21, 2022 — The UTSA Institute for Economic Development (IED) hosted the 2022 University Economic Development Association (UEDA) annual summit earlier this month in San Antonio. The summit’s goal was to exchange new ideas and learning on regional partnerships for economic growth. Attendees learned what UTSA and San Antonio are doing to strengthen the regional economy. University of Texas System Chancellor James B. Milliken delivered the keynote address and UTSA President Taylor Eighmy delivered welcoming remarks. “The University Economic Development Association brings a wealth of collective knowledge on how to best economically grow a region,” said Rod McSherry, UTSA associate vice president for innovation and economic development. “The Institute of Economic Development was proud to host the association in San Antonio.” UTSA panelists and speakers included Bijo Mathew, director of

  • UTSA highlights its small business resources for Brazilian delegation

    Read Original story here OCTOBER 25, 2022 — A delegation of high-level officials responsible for the development of the small and medium-sized enterprise sector in Brazil recently visited the UTSA Small Business Development Center (SBDC) and toured the headquarters of one of its clients, San Antonio-based Braustin Homes, the nation’s first virtual mobile home dealership. The delegation, which included representatives from the Brazilian Service of Support for Micro and Small Enterprises, visited the United States to gain a deeper understanding of the different aspects of the SBDC model. The UTSA SBDC provides one-on-one, confidential business advising services with certified business counselors at no cost to the business owner. It also offers workshops and training for entrepreneurs. The UTSA SBDC serves San Antonio, Bexar County and the surrounding 10 counties. “The UTSA

  • UTSA Departmental Award Winner

    Silva Cano gets Quarterly Staff Excellence Award At our quarterly UTSA departmental meeting up at the Main Campus, one of our very own (and very best) was honored with an Excellence Award (and the other great part is that the announcement of the award was a total surprise to her)!  Silvia Cano is pictured below with (right) Rod McSherry/AVP of our Institute for Economic Development, and (left) Dr. Bernard Arulanandam/VP of Research, Economic Development, and Knowledge Enterprise at UTSA. We are so pleased that Silvia was recognized for her talent and dedication! – Mary Peters

  • Economic Data and Resources Supporting Small Business Recovery & Resiliency

    LEARN MORE Join Us: Key Texas Leaders Economic Discussion Free and open to the public, there will be a virtual legislative briefing on the current economic climate. Discussion will include perspectives on trends and lessons learned, focusing on labor market and workforce development, employers and business operations, and policy considerations will be shared. An interactive session prior to the conclusion of the event will offer the opportunity for participant’s input and questions. The event will be held March 16, 2022 from 10 a.m to 11:30 a.m Central Time. Registration is free and open to the public at sbdctexas.org. The Texas Small Business Development Center (SBDC) network and National Federation of Independent Business (NFIB) Texas will host this event in support of Texas small business owners. The event will feature elected

  • SBA’s Loves Small Businesses

    UTSA SBDC in coordination with UTSA’s Westside Community Center, the SBA, Prosper West San Antonio and PeopleFund, are holding an event for small businesses, even if they haven’t started, at the UTSA Westside Community Center on February 14th. Attendees can receive assistance with SBA lending, startup assistance, federal contracting,  small business counseling, all other SBA Programs. No appointment is necessary to attend. The US Small Business Administration will take their mobile office to our UTSA Westside Community Center. This event is being set up by our UTSA SBDC. And we are inviting to participate with us Prosper West San Antonio and PeopleFund. So, representatives from all groups will be there to offer assistance. The purpose is to help small businesses grow or expand, or help people who are thinking of

  • Financial analysis program enables UTSA students to support local businesses

    The University of Texas at San Antonio Small Business Development Center (SBDC) and the Carlos Alvarez College of Business (C0B) are collaborating on a program to benefit firms and UTSA’s business school students. Known as Financial Analysis by Student Teams (FAST), this project allows area small business owners and students taking Financial Modeling to work together to analyze real-world business challenges.   Now in its third iteration, the collaboration is led by SBDC Assistant Director Ruben S. Lopez and Brian Wolfe, assistant professor in the COB’s Department of Finance. Their program offers small business owners financial analysis to help them make decisions. At the same time, it offers UTSA students the opportunity to get hands-on learning by applying classroom knowledge to a real-world business scenario.   “We are pleased to

  • Small businesses: Take action to protect against ransomware threats today

    News of the Colonial Pipeline being shut down in the U.S. due to a ransomware attack highlights the urgency of the threat and need to take action to defend against it. This software attack led to the decision to shut down the pipeline from Texas that is a main source of fuel for the Eastern U.S. The University of Texas at San Antonio (UTSA) Institute for Economic Development (IED) is sharing steps to take to protect your small businesses and organizations. The threat is real, even for small businesses.  “We recognize and appreciate the fact that small businesses comprise the backbone of our nation’s economy,” said Alejandro Mayorkas, U.S. secretary of homeland security, speaking to a virtual audience of approximately 1,500 small and medium-sized business owners at a May 5th

  • Institute for Economic Development provided $2.4 billion impact in 2020

    UTSA’s Institute for Economic Development (IED) provided an overall direct economic impact in 2020 of $2.4 billion for the Texas economy. The Institute is part of UTSA’s Knowledge Enterprise. The purpose of IED is to facilitate economic, community and business development at the local, regional and national levels. This development work from the many centers that comprise IED adds up to create this tremendous economic impact for Texas. Almost as soon as the pandemic hit in 2020, IED staff were prepared to help. IED’s Small Business Development Center (SBDC) small business advisors were able to not only continue with their business consulting, training and research but also quickly pivot to help bring pandemic relief to small businesses, including financial assistance via SBA Paycheck Protection Program (PPP) and Economic Injury Disaster

  • UTSA Institute for Economic Development helps fuel economy and job growth

    SAN ANTONIO, Feb. 28, 2019 – Through business advising to more than 43,000 business and community clients, the UTSA Institute for Economic Development generated $2.9 billion in direct economic impact nationwide, according to its newly released 2018 annual report. Of those who received advising, training and business research assistance, over 1000 businesses were started or experienced significant growth, resulting in the creation or retention nearly 20,000 jobs. These businesses generated $291 million in new financing and $35 million in new tax revenue, with new sales, contracts and exports valued at $2.6 billion dollars. During the 2018 fiscal year, the Institute: Served 43,320 business and community clients Provided trainings and workshops to 30,815 participants Delivered 7,694 consulting cases Helped start up 565 new businesses Helped scale up 534 existing businesses Supported the creation of 6,238 new jobs and the

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