Author: Sean Lowry
Publisher: CreateSpace
ISBN: 9781508611035
Category :
Languages : en
Pages : 28
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Book Description
According to Census Bureau data, approximately 1% of small businesses in the United States currently export. With roughly three-quarters of world purchasing power and almost 95% of world consumers living outside U.S. borders, more attention is being paid to the potential of small business export promotion programs to grow small businesses and contribute to the national economic recovery. In addition, some Members of Congress believe the contributions of small businesses to commercial innovation and economic growth could be enhanced through greater access to growing international markets.
Author: Congressional Research Congressional Research Service
Publisher: CreateSpace
ISBN: 9781503177208
Category :
Languages : en
Pages : 24
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Book Description
According to Census Bureau data, approximately 1% of small businesses in the United States currently export. With roughly three-quarters of world purchasing power and almost 95% of world consumers living outside U.S. borders, more attention is being paid to the potential of small business export promotion programs to grow small businesses and contribute to the national economic recovery. In addition, some Members of Congress believe the contributions of small businesses to commercial innovation and economic growth could be enhanced through greater access to growing international markets. Consistent with these policy goals, the Small Business Administration (SBA) provides export promotion and financing services to small businesses through its loan guaranty programs, management and training programs, and other initiatives. SBA's Office of International Trade (OIT) coordinates these activities as it assists with four stages of export promotion: (1) identifying small businesses interested in export promotion; (2) preparing small businesses to export; (3) connecting small businesses to export opportunities; and (4) supporting small businesses once they find export opportunities. The Small Business Jobs Act of 2010 (P.L. 111-240) elevated trade within SBA by establishing an assistant administrator to lead OIT and report directly to the SBA administrator. The act also authorized SBA to establish a three-year State Trade and Export Promotion (STEP) pilot grant initiative. Under the STEP initiative, which was appropriated $30 million both in FY2011 and FY2012, SBA awarded grants to states with the goal of assisting eligible "small business concerns" with exporting. The STEP program's authorization expired at the end of FY2013. On January 17, 2014, the President signed into law the Consolidated Appropriations Act, 2014 (H.R. 3547), which appropriated $8 million for the STEP program in FY2014. SBA's export-related loans amounted to approximately $1.3 billion (comprising approximately 5.7% of SBA's annual loan portfolio) in FY2014. Although SBA has three loan programs that are specifically targeted toward exporters, many of SBA's broader loan programs support export-related activities. Surveys indicate that relatively few clients of SBA's management and training programs request trade-related counseling and that some choose to receive this information from other federal programs (such as those provided by the Department of Commerce).
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Procurement, Exports, and Business Opportunities
Publisher:
ISBN:
Category : Export marketing
Languages : en
Pages : 232
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Export credit
Languages : en
Pages : 24
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Book Description
Author: Allan I. Mendelowitz
Publisher:
ISBN:
Category : Foreign trade promotion
Languages : en
Pages : 16
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Book Description
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Export Opportunities and Special Small Business Problems
Publisher:
ISBN:
Category : Foreign trade promotion
Languages : en
Pages : 478
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Book Description
Author: Loren Yager
Publisher:
ISBN: 9781457844744
Category : Business & Economics
Languages : en
Pages : 51
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Book Description
In January 2010, the President announced the goal of doubling U.S. exports over 5 years. The President’s plan in the National Export Initiative included prioritizing exports by small businesses and called for improved coordination among agencies involved in federal export promotion activities. Recently, Congress has also directed the Small Business Administration (SBA) to expand its export counseling and financing activities. This report (1) describes SBA’s role within federal export promotion efforts; (2) assesses the extent to which SBA collaborates with other agencies in its export promotion activities; and (3) assesses the extent to which SBA is meeting requirements under the Small Business Jobs Act of 2010 to expand export promotion training and staffing. Tables and figures. This is a print on demand report.
Author: United States. Congress. Senate. Committee on Small Business. Subcommittee on Export Promotion and Market Development
Publisher:
ISBN:
Category : Export credit
Languages : en
Pages : 236
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Book Description
Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Competitiveness, Innovation, and Export Promotion
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Export Opportunities and Special Small Business Problems
Publisher:
ISBN:
Category : Foreign trade promotion
Languages : en
Pages : 82
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Book Description
