Dec. 8, 2016
AUSTIN, Texas, November 21, 2016
High Five Events, one of the largest privately owned event production companies in the United States, is proud to announce the expanded partnership between St. Edward’s University and the Austin Marathon® presented by NXP. Two of Austin’s more recognized entities will work together to showcase the marathon’s economic impact on Austin by engaging faculty expertise at The Bill Munday School of Business.
“The Austin Marathon’s economic impact has always been a stimulator for the local economy” said Stacy Keese, co-owner of High Five Events. “Strengthening our relationship with St. Edward’s will magnify what we’re doing and provide a report that better represents the true economic impact.”
By expanding the partnership with St. Edward’s University, the Austin Marathon will have access to some of the top economic experts in the country, including Associate Dean, Ali Dadpay, who is leading the research for the economic impact report. The 2017 report will include High Five Event’s localized spending, volunteer contributions, jobs created, vendor and supplier additions, and sponsors’ spending. Like previous reports, how much money was spent by participants on hotels, travel, entertainment, and meals will be included.
“This economic impact study allows The Bill Munday School of Business to continue its mission driven work by engaging Austin’s business community in finding answers to important questions for our regional economy,” said Ali Dadpay, MBA director for The Bill Munday School of Business. “As Austin continues to grow as a hub of innovation and economic activity, it is important to generate knowledge locally – about local challenges and opportunities – using globally accepted methods and benchmarks.”
The 2016 Austin Marathon contributed $25.7 million to the Austin economy.
About High Five Events: Beginning with the launch of a single triathlon in 2003, High Five Events has grown to become one of the largest privately owned event production companies in the United States. In addition to the events it owns and produces, the Austin, Texas-based company offers consulting and event production services to dozens of additional events each year. High Five Events is community-centric and has more than 83 years’ experience organizing large events across different venue types in a variety of locations. Follow High Five Events on Twitter (@highfiveevents), Instagram (@highfiveevents), and Facebook (facebook.com/HighFiveEventsWorldWide/) for news and updates.
About NXP Semiconductors: NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better, and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security and privacy, and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 45,000 employees in more than 35 countries and posted revenue of $6.1 billion in 2015. Find out more at www.nxp.com.
About St. Edward’s University: St. Edward’s University is a private, liberal arts college in the Catholic, Holy Cross tradition with approximately 5,000 students. Located in Austin, Texas, it is one of the top universities in Texas and offers undergraduate and graduate programs, including MBA programs and a master’s degree in counseling. With a network of partner universities around the world, St. Edward’s is a diverse community with programs designed to inspire students with a global perspective. St. Edward’s University has been recognized for 12 consecutive years as one of “America’s Best Colleges” by U.S. News & World Report and ranks in the top 15 Best Regional Universities in the Western Region. For more information on St. Edward’s University, visit stedwards.edu/about.