San Antonio possesses advanced manufacturing, defense, cybersecurity and biomedical innovation assets, yet many international companies have never heard of the city, according to Dr. Lina Rugova. In the latest episode of The Building Texas Show, The Hidden Giant: Why San Antonio Is The Best Kept Secret, Rugova tells host Justin McKenzie that the city’s marketing gap is a critical barrier to economic growth.
Rugova, Operations Chair and a founding member of the San Antonio Applied Innovation Council, founder and president of Emerge and Rise, and co-lead of Founder Institute San Antonio, is direct about the problem. “When we speak to international companies, they never even heard of San Antonio,” she says. “The first option is always going to be Dallas, Houston, and Austin.” That default thinking, she warns, means San Antonio loses out on foreign direct investment and the jobs and supply-chain opportunities that come with it.
The Applied Innovation Council connects industry, public infrastructure, capital and higher education around four focus areas: industrial and advanced manufacturing, defense and cybersecurity, biomedical and health innovation, and applied technology and talent. “Talent is everything in San Antonio,” Rugova says. That thinking shaped Texas Venture Fest San Antonio, which Rugova co-hosted on Oct. 1. In the episode, recorded in September, she explains that this year’s event was planned around arts and culture, media, tourism, hospitality, and innovation and technology, because the group identified two issues: a lack of creative marketing for San Antonio and the need to keep local talent. The goal, she says, is to focus on the opportunities ahead “instead of concentrating on challenges and issues all the time.”
Rugova also describes work with greater:SATX, the region’s economic development organization, on an international soft-landing path. It helps overseas companies settle in, including through cultural integration, and gives San Antonio’s small businesses a way to partner with those companies on procurement and vendor opportunities. She sees a strong fit for European and Asian companies, describing San Antonio as “a big city, small town mentality” that is more relationship-driven than transactional.
The talent pipeline is already here, McKenzie notes. Many students come up from the Rio Grande Valley to attend UTSA, Trinity University and the University of the Incarnate Word, and Alamo Colleges is “doing great stuff.” He also points to UT Health Science Center, data science at UTSA, cybersecurity education and access to wet labs. The challenge, he says, is giving graduates a reason to stay, or to boomerang back to raise a family in a city known for its outdoors and its rivers.
Rugova speaks from experience. An immigrant from Kazakhstan who landed in the Bronx at 16, she holds a DBA, founded Emerge and Rise for underserved entrepreneurs and teaches at Palo Alto College. She moved from New York City in November 2019 after weighing Dallas, Austin and Houston, and chose San Antonio as the better fit. Her advice for the city is to tell its own story. “We should never ever compare ourselves to other cities,” she says. “We have our unique opportunity and uniqueness in our city that we should be showcasing.” The full conversation is available on The Building Texas Show.
