APLU Place Award recognizes UTSA’s growing economic, community impact

UTSA was recognized for several key services and initiatives that have emerged or expanded in recent years. Among the contributors is the Valdez Institute for Economic Development (IED), which includes 10 public service centers that are strengthening the economies of San Antonio and Texas. The IED promotes economic development through a range of free and low-cost services, including training, advising, mentoring, research as well as support for entrepreneurs, startups and small businesses across South and West Texas.

"It is an honor to receive this distinguished award and to recognize the ongoing partnerships and collaborations that support economic growth and prosperity," said Rod McSherry, UTSA associate vice president for innovation and economic development. "We are proud of the economic development that UTSA has fueled in San Antonio and Bexar County, and we thank APLU for once again recognizing our commitment and impact in our community."

IED has grown its foothold in the Texas economy in recent years, generating $2.6 billion in direct economic impact for the State of Texas in 2023. That same year, the institute served over 40,000 clients, facilitated 545 new business starts, supported 900 expansions and helped secure over $200 million in new financing and investment.

"Public universities are major drivers of economic growth through their talent development, innovation and community development efforts," said APLU President Mark Becker. "We're pleased to recognize institutions that have made a remarkable impact on their community, states, nation and beyond in these critical areas."