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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 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

UTSA, Small Business Administration to Connect Businesses with Opportunities for National Small Business Week

UTSA South-West Texas Border SBDC Network will honor area Small Business Week awardees and will offer educational and lender networking sessions for entrepreneurs. SAN ANTONIO, April 13, 2018 – As part of UTSA’s mission to engage with its business community, the UTSA South-West Texas Border SBDC Network invites local business owners to attend San Antonio’s Small Business Week: “Connecting Business with Opportunity.” Every year since 1963, the President of the United States has declared National Small Business Week to recognize the important role and contributions of America’s small businesses. This year, National Small Business Week takes place from April 29 – May 5. In partnership with the Small Business Administration (SBA) San Antonio District Office and the UTSA Institute for Economic Development, the South-West Texas Border SBDC Network will highlight the national

UTSA Institute for Economic Development Generates $1.9 Billion in Direct Economic Impact Nationwide

SAN ANTONIO, January 8, 2018 – Through business advising to more than 34,000 business and community clients, the UTSA Institute for Economic Development generated $1.9 billion direct economic impact nationwide, as reported in its newly released 2017 annual report. Comprised of nine centers, the Institute is the most comprehensive business development toolkit strengthening economies locally, nationally and internationally. During the 2017 fiscal year, the Institute: Served 34,897 business and community clients Provided trainings and workshops to 22,127 participants Delivered 8,186 consulting cases Helped start -up 626 new businesses Helped scale-up 474 existing businesses Supported the creation of 7,350 new jobs and the retention of 9,990 jobs The UTSA iInstitute leads the expansion of the Small Business Network of the Americas. The international initiative has guided 22 western countries to adopt

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The Institute for Economic Development is funded in part through the State of Texas and a Cooperative Agreement with the U.S. Small Business Administration. Reasonable accommodations for persons with disabilities or limited English proficiency will be made if requested at least two weeks in advance.