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Our Impact

Our Impact

To Our Stakeholders,

Business growth and competitiveness for a more prosperous Texas and nation are as important as ever headed into 2018 and beyond. Our business and community clients, economic development allies and team members of the UTSA Institute for Economic Development have a solid base upon which to build, reflected in this 2017 Annual Report.

Our programs assisted clients generate $1.9 billion in direct economic impact, outlined on the facing page, which represents their incremental business growth in terms of expanded capital and market access derived from our Institute’s consulting work this past year. Scanning the many client success stories and student employee profiles will highlight for you how businesses are scaling up to compete in dynamic markets, and student experiences will empower their future success.

Disaster recovery and preparedness presented a common theme in 2017:

  • Hurricane Harvey disrupted businesses and communities along the Texas coast in August; our SBDCs in Corpus Christi, Victoria, San Antonio and Austin mobilized to help clients recover.
  • Cyber security attacks ramped up; our PTAC and SBDCNet programs deployed a new Cybersecurity Training Academy for Small Business, leveraging the expertise of UTSA’s Center for Infrastructure Assurance and Security to help clients comply with new Department of Defense vendor requirements and continue winning contracts.
  • Eagle Ford Shale continued its rebound from depressed energy markets, and entered a “New Normal” phase; still with $50 billion economic output and leveraging diversification opportunities for South Texas, as chronicled by our Center for Community and Business Research.
  • Disruptions of new technologies and shifting international trade scenarios also presented challenges for economic adjustment and competitiveness; our SBDC Technology Commercialization Center won accreditation to help foster tech-based businesses, and our International Trade Center continued building the State Department’s “Small Business Network of the Americas,” now with 279 SBDCs serving 65,000 entrepreneurial projects across Latin America and the Caribbean last year, stabilizing allied economies and opening markets for U.S. exporters.
  • Economic Segregation presents a long-term social and economic disaster, threatening San Antonio metro and South Texas prospects for prosperity, as growth trends point to the need for 500,000 new metro jobs by 2040; higher education attainment along with business start-up/scale-up are two dominant drivers of San Antonio’s economic ecosystem, and UTSA will collaborate with SA Tomorrow’s integral development approaches to promote a more inclusive and competitive San Antonio metro in our global marketplace.

“Building the economy one business at a time” is our motto, guiding the quality and effectiveness of Institute services, yet scaled massively to strengthen the Texas small-medium enterprise sector here at home, and build key market connections with our partners nationally and internationally. Many thanks to all of our partners, stakeholders, team members, and especially our clients to make this success possible.

Robert McKinley
Senior Associate Vice President for Economic Development
The University of Texas at San Antonio

To download the IED 2017 Annual Report report click here.

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501 W. Cesar E. Chavez San Antonio, Texas 78207
210.458.2020

© 1979 - 2013, UTSA Institute for Economic Development, All Rights Reserved.

The Institute for Economic Development is partially funded by the U.S. Small Business Administration. The support given by the SBA through such funding does not constitute an expressed or implied endorsement of any of the co-sponsors' or participants' opinions, findings, conclusions, recommendations, products, or services.

All SBDC programs are nondiscriminatory and open to the public. Reasonable arrangements for persons with disabilities will be made, if requested at least two weeks in advance.