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Following renovation, UTSA reopens New Braunfels SBDC office with ribbon cutting and open house

Following renovation, UTSA reopens New Braunfels SBDC office with ribbon cutting and open house

UTSA SBDC Satellite Office offers training and services to help entrepreneurs thrive

SAN ANTONIO, May 11, 2017 — The UTSA Small Business Development Center (UTSA SBDC) Satellite Office in New Braunfels is reopening its doors for business after undergoing a major renovation to better serve the community. The Satellite Office operated out of a temporary location for two months. For six years, the UTSA SBDC has proven to be a valuable asset by providing workshops and professional, confidential business advising services to the business community.

The UTSA SBDC strengthens the Comal and Guadalupe county economies by offering local entrepreneurs with education, mentorship, business training and networking services. Since 2012, the UTSA SBDC has provided more than 10,600 hours of advising to 1,855 clients, resulting in 86 business starts, 87 business expansions, $29 million in capital infusion, 946 jobs created and 732 jobs retained.

“We are excited to announce that the satellite office had its best year ever in 2016 by meeting all of our performance goals. We look forward to a great 2017 serving our clients and appreciate the tremendous support provided by our stakeholders,” said Larry New, UTSA SBDC project manager.

The UTSA SBDC Satellite Office is funded by the Spark Small Business Center through the support of the City of New Braunfels and the City of Seguin. The UTSA SBDC and Spark Small Business Center Board of Directors thank its many partners including the New Braunfels Industrial Development Corporation, the Seguin Economic Development Corporation, the New Braunfels Chamber of Commerce, the Seguin Chamber of Commerce, and numerous local lenders and members of the business community.

Ribbon Cutting and Open House schedule:

Events: UTSA SBDC Ribbon Cutting UTSA SBDC Open House
Dates: May 18, 2017 May 19, 2017
Times: 11:30 a.m. 9:00 a.m. – 6:00 p.m.
Locations: UTSA SBDC Satellite Office
940 W. San Antonio St., Suite A
New Braunfels, TX 78130
UTSA Satellite Office
940 W. San Antonio St., Suite A
New Braunfels, TX 78130


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About the UTSA Institute for Economic Development
The UTSA Institute for Economic Development is dedicated to growing businesses, creating jobs and fostering economic development. Focused on building the economy one business at a time, the Institute consists of 10 centers and programs that provide professional business advising, technical training, research and strategic planning for entrepreneurs, business owners and community leaders. These programs serve Greater San Antonio, the Texas-Mexico border area as well as regional, national and international stakeholders. Together with the federal, state and local governments, and private businesses, the UTSA Institute for Economic Development fosters economic and community development in support of UTSA’s community engagement mission. In 2016, the Institute generated direct regional economic impact of 7,517 jobs, started 591 new businesses, $447 million in new financing, $78 million in new tax revenue and exceeded $1.4 billion in new sales, exports and contracts. For more information, visit

About the UTSA South-West Texas Border (SWTXB) SBDC Network
The South-West Texas Border SBDC Network stretches for 79 counties across south, central, west and Gulf Coast Texas. This vast and diverse territory encompasses 108,000 square miles including our state’s capitol. To meet the challenge of providing services to aspiring and experienced entrepreneurs, the Network operates 10 professional staffed SBDC centers. The SBDC is funded in partnership with the U.S. Small Business Administration (SBA), The University of Texas at San Antonio, as well as colleges and universities throughout the Network’s territory. The 29,751 advising and training clients served in 2016 represent almost 20 percent of the 148,784 employer businesses in the service area. SWTXB SBDC Network clients continue to outperform the average Texas business in sales and employment. Those clients, who represent the Network’s long-term impact, also generated more than $62 million in state tax revenues for Texas. For more information, visit

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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.