Global Opportunities and New Markets

Small businesses seeking to grow their businesses and create jobs through exporting can turn to new, free educational videos created through a partnership between the U.S. Small Business Administration, Inc. Magazine and AT&T.

Through the public-private partnership, a series of video modules has been developed to inspire and encourage American small businesses to actively pursue exporting and to educate them on how to do so.

The Minority Business Development Agency (MBDA) in concert with Deutsche Messe AG would like to invite you to join MBDA National Director David A. Hinson and business leaders from around the world at the Hannover Messe International Trade Fair, April 4–8, 2011.  As part of MBDA’s ongoing mission to promote the tremendous capabilities of minority-owned firms and the promise of phenomenal growth through exporting and strategical alliances internationally, Director Hinson will be a featured speaker at the U.S. Global Business & Markets pavilion on Monday, April 4. 

There is a tremendous opportunity to interact with over 500 Chinese government leaders and business representatives from a wide spectrum of industries.  These Chinese firms will meet with U.S. exporters and explore investment opportunities in several U.S. cities, including Chicago, Houston, Raleigh, N.C., and Washington, D.C.

Many firms are intensifying their efforts to market their products and services to countries such as China.  Today, American companies are selling more merchandise and services to China than ever before. Exports to China totaled $85 billion in 2009, a 72 percent increase from 2005. In the first 11 months of 2010, total U.S. exports grew 17 percent compared to the same period in 2009.

MBDA encourages you to take advantage of this unique opportunity to expand your growth and profit potential with one of this country’s largest trading partners. China is a key export market for U.S. goods and services, and a focus of President Obama’s National Export Initiative that calls for doubling U.S. exports in five years to support millions of American jobs. Read the Report to the President on the National Export Initiative: The Export Promotion Cabinet’s Plan for Doubling U.S. Exports in Five Years

International trade is one of the driving forces in the American economy which creates jobs and wealth and accounts for a significant percentage of our economic growth. Minority firms in the United States are primed for exporting and are twice as likely to generate sales from exporting as non-minority-owned firms. Some of the reasons are due in large part to language capabilities, cultural compatibility and business agility.

The U.S. Department of Commerce (DOC) is at the center of the federal government's efforts to promote exports. Secretary of Commerce Gary Locke will lead a High Technology Business Development Mission to New Delhi, Bangalore, and Mumbai that will highlight export opportunities for U.S. businesses in a broad range of advanced industrial sectors: civil-nuclear trade, defense and security, civil aviation, and information and communications. This trade mission will assist U.S. businesses in initiating or expanding exports to India by making business-to-business introductions, providing market access information, and facilitating access to government decision makers.