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Blog February 2014


Look South Campaign Focuses on U.S. Export Potential

Blogged By: 
Moshtayeen Ahmad, ITA Intern
Created on February 7, 2014
 

This post originally appeared on International Trade Administration Tradeology blog.

Moshtayeen Ahmad recently completed an internship in the International Trade Administration’s Office for Export Policy, Promotion, and Strategy.

Young PeopleFavorable market trends in Latin America make the region an excellent potential market for your business’s products and services. These countries all enjoy open and regionally integrated economies and growing middle classes.

That’s why Commerce Secretary Pritzker is in Mexico on a business development mission – Mexico can be a great destination for your products and services, and a launching pad into more markets in the region.

The Department of Commerce’s Look South campaign is helping even more U.S. companies enter these markets and identify new opportunities in high demand industries.

Bilateral trade data shows that there is tremendous unmet potential for diversifying U.S. exports to Latin America. These countries are rapidly modernizing their industries and broadening their consumer base.

For small and medium-sized businesses (SMEs), there are many opportunities in sectors where U.S. goods and services are highly desired. Some are highlighted in our most recent Country Commercial Guides, including medical equipment, agricultural equipment, franchising, and environmental technologies. SMEs have the opportunity to become globally competitive in many of these industries, but often are the least likely to be aware of opportunities beyond Mexico.

U.S. Secretary of Commerce Penny Pritzker Begins First Official Trade Mission in Mexico

Blogged By: 
MBDA

This blog was originally posted on the U.S. Department of Commerce website.

Created on February 5, 2014
 

Secretary Pritzker meeting with Mexico Secretary of Economy IIdefonso Guajardo VillarrealU.S. Secretary of Commerce Penny Pritzker officially began her five-day trade mission to Mexico on February 3rd, starting the trip in Mexico City. She is joined by representatives from 17 U.S. companies looking to expand partnerships and develop effective strategies for accessing and doing business in the Mexican market.

The focus of this trade mission is to promote U.S. exports to Mexico by helping export-ready U.S. companies launch or increase their business in a number of key industry sectors including advanced manufacturing, information and communications technology, and health IT and medical devices. The companies joining the Secretary address the demand of these growing industries in Mexico.

“The 17 companies who have joined me on this important mission represent the best of American business. These outstanding and innovative companies understand that selling American products overseas is a crucial component to growing and creating jobs,” U.S. Secretary of Commerce Penny Pritzker said.  “I am delighted we can help these companies expand their presence in Mexico through this business development mission.”

Growth Capital through Private Investment Funds

Blogged By: 
Matt Varilek, SBA Regional Administrator
Created on February 5, 2014
 

This post originally appeared on SBA.

SBIC InvestingSBA’s loan-guaranty programs are among the best-known ways we fulfill our mission of helping small businesses start, grow, and succeed.  In FY13, for example, together with our lending partners we facilitated over $29 billion dollars in loans to new and existing small businesses.

But for some small businesses, equity financing is a better option – and SBA has great tools to help those businesses too.  One of my priorities as Regional Administrator is spreading the word that our Small Business Investment Company (SBIC) Program provides additional capital to private fund managers for investment in high-potential small businesses.

Greater capital access for our fastest-growing businesses

Costco, Amgen, Apple, FedEx, Staples, Intel – these are just a few of the well-known companies supported by SBIC investments in the past.  Five decades since its creation, the SBIC program continues to be among our most innovative examples of public-private partnership, successfully channeling billions of dollars in growth capital to small businesses across the United States.

Doing Business in China 101

Blogged By: 
Iris Kapo, International Trade Specialist, US Commercial Service
Created on February 4, 2014
 

City life in ChinaThis post originally appeared on Census Global Reach Blog.

Specialists from the Commercial Service can help you overcome challenges in the market and reach specific goals. Below are some tidbits of knowledge that stemmed from last year’s American Association of Clinical Chemistry (AACC) tradeshow in Houston, Texas. Three Commercial Specialists from Beijing, Chengdu, and Guangzhou participated in the USDOC’s Showtime Program. They met one-on-one with U.S exhibitors at the show and discussed each company’s unique challenges and goals in these diverse regions of China.

Below are some things to keep in mind when trading with China.

Join the USA Investment Center at Hannover Fair

Blogged By: 
MBDA
Created on February 4, 2014
 

Hannover Messe, Select USA and U.S. Commercial Service

For the fifth consecutive year, the U.S. Commercial Service’s Select USA team will organize the USA Investment Center at the world’s largest industrial technology show, the Hannover Fair, April 7-11, 2014. The USA Investment Center is a joint pavilion of the federal SelectUSA Program and participating Economic Development Organizations from U.S. states, cities and regions. The USA Investment Center promotes the United States as the premier global business location to over 6000 industry exhibitors and 200,000 trade visitors. It offers EDOs a cost effective turn key package of meeting space, joint marketing and promotion as well as individualized support to maximize business development and recruitment efforts of U.S. EDOs. Here are just some of the benefits of participation:

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