The San Antonio Economic Development Foundation welcomes our newest members to the Board:
IBC Bank
Medtronic Diabetes
Project Control
Ridgewood Park/Crimson Services, LLC
Southwest Texas Water Resource, LP
The Office of Marc Rodrigues
University of Texas, San Antonio
EDF thanks you for your support!
San Antonio Economic Development Foundation Membership
An energetic, committed staff and the synergism derived from the diverse talents of an active Board of Directors and Executive Committee have seen the San Antonio Economic Development Foundation emerge as a respected leader in the highly competitive business recruitment process.
Your company or organization may have already benefited from the activities of the San Antonio Economic Development Foundation, and your support of the Foundation can have positive, direct effect on your business’ future. Membership investment levels range from $3,000 - $100,000. So take the opportunity to do your share - and get your share - while creating a stronger San Antonio economy.
Answers to Your questions
Why should my firm support the Economic Development Foundation?
The San Antonio Economic Development Foundation (EDF) is the only organization proactively marketing the San Antonio area to attract business investment, which translates directly to jobs and a healthy economy. The EDF relies on the support of our members to provide the assistance to businesses interested in locating or expanding their operations in San Antonio.
What are the benefits of membership for my firm?
Your firm's investment in the EDF will ensure a greater volume of business in our city. Membership demonstrates your company's commitment to progress and economic vitality. Every investor sits on the EDF's Board of Directors, which meets three times a year. These meetings are a forum for the interchange of ideas between members and the organization's leadership. The Board elects the Executive Committee; the Executive Committee establishes policy and provides oversight for the professional staff.
As an EDF Board Member, you will receive a quarterly report announcing new business locations as well as updates on prospect flow and important marketing activities.
Isn't my membership in the area Chamber accomplishing the same thing?
No. The EDF 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. The EDF 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.
Doesn't the Economic Development Foundation already have enough funds?
In the highly competitive economic development industry, our annual budget is one of the smallest. Research shows that the Foundation 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. Furthermore, we are competing with many cities that dedicate up to ½-cent sales tax for economic development purposes (such as, Amarillo, $10 million; Corpus Christi, $6.9 million; Round Rock, $6.7 million; Midland, $6.9 million and Mesquite, $8.2 million).
Your support in the Foundation's efforts will help us tell the San Antonio story.
Will my annual investment really make a difference?
Yes. Every incremental 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.
