Tuesday, 29 April 2014

Export Opportunities Wed at 9am



Hello Entrepreneurial Family,

 

On Wednesday, April 30th from 9:00am to noon, the WCCCD Entrepreneurial Institute will host a workshop by Minetta Hare on:

 

                      Business Exporting Opportunities

 

According to Minetta, last year over $55 Billion of goods and services were exported from the metro Detroit.  There are great opportunities for small businesses in 2014. 

 

 

U.S. Exports Reach $190.4 Billion in February

 

Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports

Washington, D.C. – The United States exported $190.4 billion of goods and services in February 2014, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.

“The world continues to choose products stamped ‘Made in America,’ as February’s trade numbers show,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Ex-Im Bank’s support of U.S. exporters has helped them seal deals abroad and support vital jobs here at home, all the while generating billions of dollars for taxpayers.”


Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 44.5 percent above the level of exports in 2009, and have been growing at an annualized rate of 9.2 percent when compared to 2009.

During the same time period among the major export markets (i.e., markets with at least $6 billion in annual imports of U.S. goods), the countries with the largest annualized increase in U.S. goods purchases, when compared to 2009, were Panama (23.6 percent), Russia (19.6 percent), Peru (19.4 percent), Hong Kong (18.9 percent), Colombia (17.9 percent), United Arab Emirates (17.1 percent), Argentina (16.4 percent), Chile (16.3 percent), Ecuador (15.2 percent), and Indonesia (15.0 percent).

ABOUT EX-IM BANK:

Ex-Im Bank is an independent federal agency that creates and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working-capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services. In the past fiscal year alone, Ex-Im Bank earned for U.S. taxpayers more than $1 billion above the cost of operations.

In FY 2013, Ex-Im Bank approved more than $27 billion in total authorizations to support an estimated $37.4 billion in U.S. export sales and approximately 205,000 American jobs in communities across the country. For the year, the Bank approved a record 3,413 transactions-- or 89 percent--for small-businesses. Small business exporters can learn about how Ex-Im Bank products can help them increase foreign sales at http://go.usa.gov/ZVTd. For other information about Ex-Im, visit www.exim.gov.

 

Also,

 

On Thursday, May 1st at 6pm Mr. Gerald Moore from the Small Business Administration (SBA) will join the Entrepreneurial Institute to talk about What the SBA Can Do For You, including:

 

   SBA tools and resources that are available to help you with your business

   7 Key things you need to do to find a niche and to become an Expert in Your Industry

   Access to Capital

   Contracting

               Counseling Services

   His personal experience as a Successful Entrepreneur

 

 

Both workshops will be held in the Eastern Campus Corporate College Cooper Room at no charge.  Light refreshments will be served.

 


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