San Antonio Innovation Report Finds Startup, Investment Declines

San Antonio-New Braunfels ranked 16th among nearly 400 U.S. metro areas for veteran entrepreneurs, based on factors including livability, veteran support, economic growth and business opportunities. Austin ranked third, Dallas-Fort Worth seventh and Houston 19th, while Washington, D.C., and Raleigh placed first and second. Separately, a new San Antonio innovation report found that fewer startups formed and less investment flowed into the region last year, while innovation employment grew in 2025. Local leaders said the region has significant potential and existing strengths, but needs to better connect organizations and address gaps compared with other major cities.






