ECO DEVO 360 ENEWSLETTER - ISSUE 54
Jul 19, 2018
The San Antonio Economic Development Foundation (SAEDF) is a private, nonprofit organization that leads the development and diversification of the San Antonio regional economy through the location and expansion of quality employers and job producing investments. We exist to drive San Antonio’s economic growth and diversification through recruiting new business to San Antonio, helping our local companies stay and grow, and bridging the gap between education and industry to build a sustainable workforce pipeline for the community. SAEDF is supported by its partners (City of San Antonio, Bexar County, CPS Energy, SAWS) and more than 165 private sector investors. Since 1975, SAEDF has assisted over 450 companies with their location and/or expansion plans, creating more than 110,000 jobs for San Antonians.
San Antonio is at a pivotal point in history. The region is positioned to be a competitive global economy and SAEDF is invested in driving that progress.
All the companies listed in this directory constitute members of the San Antonio Economic Development Foundation. These companies understand the value of membership in supporting our goal of not only attracting businesses to San Antonio, but also helping businesses expand and grow in our city. We invite you to review the information and join the many companies that support our mission to propel San Antonio to an economically healthy and prosperous future.Explore
Forefront SA is the result of a collaborative exchange among the San Antonio economic development community, who have identified three primary strategies to propel San Antonio to the forefront of today’s top performing cities – defining established or foundational areas of strength, identify areas of improvement, and creating new methods for optimization. Our community has united to develop Forefront SA as a guide to evolve and improve San Antonio’s economic development delivery system and to launch our city to a position of prominence and prosperity.Explore
SA Works is strengthening San Antonio’s workforce pipeline by aligning training and educational opportunities with the skills needed by our most booming industry sectors. With a goal to grow experiential learning opportunities available to students, educators and employers, SA Works provides hands-on training, internships and career resources to individuals just entering the workforce as well as those trying to move up in their industry. To learn more about SA Works, click here.Learn More
In 2015, a total of 4,350 jobs were added in San Antonio and Bexar county with a total economic impact of $1.1 billion as reported by the San Antonio Economic Development Foundation (SAEDF).
The San Antonio Economic Development Foundation is your source for market intelligence and your advocate in identifying all the benefits for expanding to San Antonio.Explore
The San Antonio Economic Development Foundation is the only organization proactively marketing the San Antonio area to attract business investment, which translates directly to jobs and a healthy economy. SAEDF relies on the support of the Board of Directors to provide the assistance to businesses interested in locating or expanding their operations in San Antonio.
Your investment in SAEDF ensures a greater volume of business in our city. Membership demonstrates your company’s commitment to progress and economic vitality. Every investor sits on the Board of Directors for SAEDF, which meets quarterly. These meetings are a forum for the interchange of ideas between members and the organization’s leadership. As an SAEDF Board Member, you receive a quarterly report announcing new business locations as well as updates on prospect flow and important marketing activities in addition to a host of other benefits you won’t find anywhere else.
No. SAEDF and the various Chambers of Commerce have distinctly different agendas. The Chambers serve as the voice of the business community, striving to improve the quality of life in the city with a business advocate’s role. SAEDF is a marketing and sales organization actively promoting our city to national and international business; it works to bring new job-producing investments to San Antonio.
In the highly competitive economic development industry, our annual budget is one of the smallest. Research shows that SAEDF spends less per capita than other economic development offices. As a result, the Foundation is recognized as one of the most efficient operations of its type in the country, maximizing the effectiveness of its budget. We compete with many cities that dedicate up to ½-cent sales tax for economic development purposes.
Yes. Every increase in our budget means an increase in the marketing programs we are able to conduct. The more San Antonio is recognized around the world as an ideal business location, the more jobs are created for our citizens and the volume of business in our city multiplies. Every $550 dollars invested translates into one new job for San Antonio. The more you invest, the more jobs you help create.
SAEDF’s economic and workforce development efforts are funded by a 501 (c) (6) and a 501 (c) (3). SA Talent Inc. is classified by the Internal Revenue Service (IRS) as a public charity under IRS Section 501 (c) (3). Donors may deduct contributions made to SA Talent under IRS Section 170. SAEDF is classified by the IRS as a 501 (c) (6) and contributions made to it are not deductible as a charitable contribution. The majority of investors have been able to deduct their investment as ordinary and necessary business deductions under Internal Revenue Code section 162 or 212 because the purpose of the organization is to promote economic and industrial development in San Antonio.