San Antonio economic development groups seek more European business

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SATX News

San Antonio economic and tourism development groups seek more European business with direct air service to Frankfurt, Germany

New connections to Europe could bring more manufacturing, energy, life sciences and cybersecurity jobs to San Antonio, economic development officials said after making connections with business leaders ahead of the city’s first nonstop air service to Germany. The delegation, which included tourism and city officials, traveled to Frankfurt and London last month.

In London, Abbott signs deal pledging closer trade ties with U.K. as wider deal with U.S. is stalled Describing the 10 or so meetings that took place during the March 15-19 trip as “highly productive,” she said conversations with several businesses looking to expand in the U.S. could pay dividends for the region. She declined to identify them. The German market was more industrial in nature, Saucedo-Herrera said.

‘Launchpad for Mars’: Gov. Abbott launches Texas Space Commission, challenges state universities “People are paying attention,” she said of such moves. “People are asking questions … people are interested.” Some of the European businesses had recently earned their FedRAMP status — a U.S. government-wide effort outlining security requirements for cloud products and services. The status helps cloud technology companies do business with the U.S. government.

Europe’s largest cybersecurity conference coming to San Antonio in 2025 All the companies the San Antonio group met with meet Greater:SATX’s requirements to become a so-called development project, Saucedo-Herrera said. The requirements include real estate needs, full-time employee headcount and a need for capital investment. She said at least two of the European-based companies they met with “are actively working site location searches” so the delegation's visit timely for them.

 

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