#NewYearNewBusinessOpportunities
Small Business Administration (SBA) sent this bulletin at 01/21/2023 12:00 PM EST
IN CASE YOU MISSED ITRecording Available: U.S.-European Union Trade & Technology Council Webinar
On December 13, the United States and the European Union hosted a webinar entitled “How Standards Help SMEs to Innovate, Compete, and Grow” as part of the US-EU Trade & Technology Council (TTC). OIT Director of International Trade Policy Christine Brown (bottom right) moderated a panel highlighting the tools and resources available to help SMEs in the U.S. and the EU. Check out the recording here. For more information on SME related activities under the TTC, click here. SBA & Bankers Association for Finance & Trade Announce Strategic Alliance to Support Small Exporters
OIT Associate Administrator Gabe Esparza & BAFT President Tod Burwell “SBA’s new agreement with BAFT recognizes the impact and ingenuity of our small business exporters and the important role our lending partners play in funding their growth,” said Administrator Guzman. “Our joint efforts to increase resources to BAFT members and grow the number of lenders offering SBA international trade products will expand access to capital. By doing so, this work helps deliver on the Biden-Harris Administration’s commitment to create opportunities for small businesses, and strengthen our economy for all of us." Read the full press release here. 2023 Growth Accelerator Fund:
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The U.S. Small Business Administration (SBA) is offering $50,000 to $200,000 in prize awards for impactful and inclusive approaches to foster a thriving, collaborative national innovation support ecosystem to advance research and development (R&D) from ideas to impact.
By fostering connections between entrepreneurs, advisors, mentors, partners, philanthropies, corporations, investors, and other shared resources, the 2023 Growth Accelerator Fund Competition (GAFC) will catalyze strategic ecosystem partnerships to build community and organizational capacity for the successful launch, growth, and scale of STEM (Science, Technology, Engineering, and Mathematics)-based entrepreneurs and startups. Learn more and apply now!
Free Resource Designed for Female Entrepreneurs: Growing Globally
SBA launched our latest digital tool to walk small businesses through the international trade journey this fall with “Growing Globally”, one of several training courses housed in the revamped Ascent online learning platform. “Growing Globally” highlights six modules that guide entrepreneurs through the benefits and risks of expanding into international markets and introduce them to tools they need to succeed. |
UPCOMING EVENTS
For Small Businesses: Grow Your Sales Through Trade
Feb. 9th at 2pm ET
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Are you a small business looking to expand? Did you know that the best way to boost your bottom line is to look outside of our US borders. Selling internationally can help protect your bottom line from the ebbs and flows of one domestic market, while granting you access to more buyers. Learn about access to markets, access to grants, and access to capital to help your business enter the global marketplace! Join experts from the U.S Small Business Administration's Office of International Trade to hear how you can:
- access export resources
- find international buyers
- obtain financing
- protect your foreign receivables
Exporting to Canada: Insights and Resources for U.S. Women Small Businesses | March 23 1pm ET
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Are you a woman small business looking to grow sales in Canada? Whether you are preparing your market entry strategy or looking to expand, register to join a discussion with experts from SBA’s Office of International Trade and the Department of Commerce’s International Trade Administration and Foreign Commercial Service in Canada to learn more about this exciting market. You will receive insights on opportunities in the Canadian market, considerations for U.S. women-owned businesses doing business in Canada, and information on programs and services available from both SBA and Commerce to support you.
UPCOMING TRADE MISSIONS
NOTE: if you live in a state or territory that has received 2023 State Trade Expansion Program funds, you can apply for a grant to offset the costs of attending these shows, and more! Click here to learn more.
Access ASEAN: Explore Business Opportunities in Southeast Asia and Beyond!
Bangkok, Thailand | March 13-15, 2023
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Join the U.S. Commercial Service in Bangkok, Thailand for the largest U.S. government-led trade mission and business development forum. Organized by the U.S. Commercial Service, Trade Winds will feature meetings with U.S. commercial diplomats from over 20 countries in Asia, exciting conference programming, and plenty of networking. For detailed information on how your small business can participate in TradeWinds ASEAN please contact Richard.Swanson@Trade.Gov |
Executive-Led Middle East Clean Tech Trade Mission Saudi Arabia, UAE, and Israel | March 12-27, 2023
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The executive-led trade mission will introduce U.S. companies and trade associations to the United States’ largest trading partners and four of the largest economies in the Middle East, all of whose governments are investing heavily in Clean Tech to contribute to the global fight against climate change and to diversify and develop their economies. This mission will also offer an opportunity for participants to meet with key Saudi, Emirati, Israeli, and Qatari project decision makers while in the presence of a senior Commerce Executive – and such senior leader messaging is vital in a region where governments play such an important role in the economy. Participating firms will gain market insights, make industry contacts, solidify business strategies, and advance their own specific projects, all with the goal of increasing U.S. Clean Tech goods and service exports to the region.
Executive-Led U.S. Business Development Mission to Kenya (optional Tanzania stop) | March 27-20, 2023
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The Trade Mission will allow interested U.S. companies to engage with businesses and with the newly elected Government of Kenya. Companies will have the opportunity to learn about Kenya’s new economic plan, current and prospective government projects, and present their products and solutions that can help the government achieve its economic goals. Similarly, participants will be able to engage governments within the region on their respective country priorities and projects. The mission will focus on the following priority sectors: healthcare, information communications technology (ICT), and infrastructure.
The Trade Mission coincides with the American Chamber of Commerce (AmCham) Kenya’s Regional Business Summit that brings together key government and business leaders from East Africa – Kenya, Ethiopia, Rwanda, Tanzania, Uganda, and the Democratic Republic of the Congo. For more information, contact: Larry Tabash, U.S. Commercial Service – Austin, TX, Larry.Tabash@trade.gov, +1 512-936-0039
Global Diversity Export Initiative Business Mission to Africa South Africa, Ghana, & Nigeria | August 6-15, 2023
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The Global Diversity Export Initiative (GDEI) Trade Mission to Africa is focused on building commercial bridges between U.S. owned or led businesses from underserved communities and business communities in South Africa, Ghana, and an optional stop in Nigeria.
The mission will help participating firms and organizations gain market insights, make industry contacts, solidify business strategies, and advance specific projects, with the goal of increasing U.S. exports. By participating in an official U.S. industry delegation, rather than traveling on their own, U.S. companies will enhance their ability to secure meetings and gain greater exposure in these markets.
Want to Learn More? The Commerce Department’s International Trade Administration will be hosting an information session on the upcoming mission on January 26, at 12:00pm EST. Please join us to learn more about the mission and the application process. Register for the listening session here.
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