UTSA President Ricardo Romo is setting the bar higher today, as he pledged to raise another $55 million for the University's 'Top-Tier Campaign,' 1200 WOAI news reprots.
"I am confident that we will meet our new $175 million milestone because3 San Antonio has already been very generous to us," Romo told the Greater Chamber of Commerce. "This new goal is a commitment to taking the next tangible step in our journey to Tier One status."
Romo had vowed to raise $120 million by 2015, but that goal was achieved two years early.
"Any good leader will tell you that when a goal is reached, you set another goal," Romo joked.
The money has already supported 135 scholarships, 26 endowed faculty positions, and nine new research centers or institutes.
UTSA is competing with several other major Texas Universities to become recognized as a 'Tier One' school, which brings with it research contracts, and top professors and students.
He points out that 70% of the 5,000 students UTSA graduates each year stay in the San Antonio area, and the UTSA annual economic impact is more than $1.2 billion.
Romo cites support from Rackspace co-founder Graham Weston, who's foundation has contributed more than $600,000 in open cloud computing hardware and recently invested in four new professorships in open cloud computing.
"Graham Weston's gift is helping UTSA specialize in the technology of the future...right here in San Antonio," Romo said.