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Exploring the Landscape of American Innovation (CDS & USPTO)

Blogged By: 
Star Ying, Thomas Beach, and Scott Beliveau
Created on June 28, 2016

Throughout our country’s history, innovators have used the patent system to protect their ideas. From Samuel Hopkin's improved process in making potash, an ingredient in fertilizer in 1790, to the patents of the present day, the United States Patent and Trademark Office (USPTO) has evaluated and safeguarded innovation around the world.

The many years of data relating to innovation are all made publicly available by the USPTO through their recently launched Developer Hub. The Developer Hub provides a shareable, social platform for anyone using the data to showcase the unique ways they’re using it. This public resource makes it possible to answer fundamental questions in the technology and innovation spaces.

Among the vast set of data that the USPTO provides, the Patent Technology Monitoring Team (PTMT) produces aggregations of the underlying patent data, along multiple, different dimensions and partitions. These aggregations answer a host of questions for us, including questions related to trends in technology and innovation in any given sector.

From Basement to Pakistan: Georgia Small Business Exports Products Around the Globe with EXIM Financing

Blogged By: 
Nicole M. Woods, Export-Import Bank Public Affairs Specialist
Created on June 24, 2016

Zaheer FaruqiFounded more than 15 years ago, a fast-growing supply company seated in the suburbs of Atlanta, Ga., started selling aircraft parts to commercial airlines and military air forces. The small company of only 35 is now considered one of the best spare parts providers in the world.

Aventure Aviation, nicknamed the ‘AutoZone for airplane supplies’ by its founder and president Zaheer Faruqi, found its humble beginnings in the basement of Zaheer’s home in Peachtree City, Atlanta.

The concept of providing a "customer driven first rate" aviation parts supplier service was the goal for this business venture. The idea originated from Zaheer’s previous work experience with a local part supplier company when he started noticing that similar companies lacked customer service and were solely profit oriented.

Zaheer visualized something greater and wanted to provide a service tailored to its individual customers overseas.

On-the-Ground Connections to Business Opportunities in Latin America

Blogged By: 
Created on June 15, 2016

Register NowIt's important to form relationships on the ground in order to succeed. The Trade Winds--Latin America trade mission can connect you to key leaders, potential partners, and promising opportunities in seven growing markets.

Trade Winds will feature a Latin America business forum in Chile, along with trade mission stops in six promising Latin American markets. Join us in September to connect your business with the opportunities in this region!

Green Energy Solutions, Business Development Opportunities, and New Alliances

Blogged By: 
Created on June 10, 2016

MBDA Associate Director for Business Development Takes Part in Follow-On Trade Mission to China

Follow-On to “China Clean Technology – Business Development Mission” from April 2015 As he embarks on a trade mission to China, Efrain Gonzalez of the Minority Business Development Agency  (MBDA) looks forward to laying the groundwork for growing numbers of American companies to participate in one of the fastest-growing markets in the world.

“It’s exciting to be a part of the effort to explore potential collaboration and partnerships in support of our minority business global business development effort in China,” said Gonzalez, Associate Director for Business Development at MBDA at the U.S. Commerce Department.

“Our goal is supporting the Department of Commerce’s efforts to create a strong foundation for global business development in China, particularly in green energy sectors,” Gonzalez said.  “For the thousands of minority-owned businesses that MBDA serves, China represents a crucial international marketplace.”

Entrepreneur of the Month – June 2016

Blogged By: 
Created on June 10, 2016

Elliot ParkElliot Park is a second generation entrepreneur, who we are pleased to announce as the MBDA June Entrepreneur of the Month.  Mr. Park is the CEO of Shine Electronics Co., Inc., which is a wireless telecommunication industry leader that specializes in the reverse logistics of wireless and cell phone products. 

Shine Electronics was founded by Park’s father, Kyu H. Park, in 1974 as a service center that provided high-quality, quick-turn, repairs and refurbishments of costly electronic products to companies, such as Motorola, LG Corporation and U.S. Cellular.  In 2014, the company identified a niche in the marketplace for the refurbishment of pre-owned mobile and electronic products, and honed in on the need for devices in emerging countries.

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