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Global Opportunities and New Markets


  • Submitted on 30 August 2011

    The U.S. Small Business Administration will host the second of its Export Matchmaker Trade Fair & Conference series in Tampa, Fla., on September 14.  The program is designed to provide small business manufacturers and suppliers an easy and inexpensive means for exporting their products by matching them with trade intermediaries from across the country.

    “One of President Obama’s goals in the National Export Initiative is to double U.S. exports in five years,” said SBA Administrator Karen Mills.  “In these challenging economic times, and with 96 percent of the world’s population living outside the U.S., it just makes sense for Florida’s small businesses to export.”

  • Submitted on 17 August 2011

    Business owners aren't always aware of all the resources the government makes available for them. For example, the Department of Commerce has tools to directly help companies at every point in the business life cycle. And we’re particularly focused on helping the small and medium-sized businesses that create over half of all new jobs.

  • Submitted on 15 July 2011

    More than a quarter million American small businesses export from across all fifty states. They sell U.S. products and services around the world - thereby increasing their revenues, broadening and diversifying their customer base, and supporting good jobs in their communities. A particular priority of President Obama's National Export Initiative (NEI) is to expand exports by small businesses. This will contribute to his goal of doubling U.S. exports by the end of 2014 in order to support two million additional jobs for American workers. We invite more small and medium-sized businesses to join us in this national effort to grow our economy through exports. To help do that, the Office of the U.S. Trade Representative, the Department of Commerce and the Small Business Administration have unveiled a new Free Trade Agreement (FTA) Tariff Tool. This is a free online tool available to businesses and the public for the first time

  • Submitted on 15 July 2011

    A best-kept secret is that domestic trade shows are great places to meet and sell to international buyers. U.S. businesses that have discovered this relatively low-cost channel for drumming up new sales claim that exhibiting at the “right” shows can fill their order books for the entire year.

    It may sound counter intuitive to make international sales without leaving the U.S., but the fact is that international buyers are attracted to large trade shows in the U.S. And let’s not forget the draw of Las Vegas, Chicago, Miami and other big trade show venues.

  • Submitted on 29 June 2011

    David Hinson

    Exporting U.S. innovation, products and services is a top priority for the Obama administration, and MBDA is putting the spotlight on how minority-owned businesses are growing and thriving overseas so that we can be more prosperous here at home.

    Recently, President Obama held an economic summit in Puerto Rico, organized in part by MBDA and the U.S. Department of Commerce.  MBDA National Deputy Director Alejandra Castillo and our partner the Puerto Rico MBDA Business Center were integral in the success of the summit where President Obama’s Task Force on the Status of Puerto Rico made its final recommendations to boost job creation on the island.  The Task Force recommended that MBDA continue to aid job creation and innovation by helping to facilitate public-private partnerships to finance the Integrated Bio-refinery Program.  This program—which aims to create biofuels from sugar cane—will allow America to grow our own fuel and grow jobs at the same time.

    This month, the U.S. Census Bureau released the final data from the 2007 Survey of Business Owners (SBO), which offers a wellspring of data on the characteristics of minority-owned businesses in the United States.  One characteristic that is sure to have a profound effect on our efforts to double exports over the next five years is that the minority business community continues to lead in global commerce.

  • Submitted on 13 June 2011

    Top Five Export LocationsYou don’t need a boat to go where most small businesses export. China’s economy may get a lot of our press, but our neighbors, Canada and Mexico, get a lot more of our exports. Total U.S. exports of goods to Canada and Mexico in 2009 were $154.8 billion and $116.4 billion, respectively, while exports to China were $65.6 billion.

    The International Trade Administration’s recently released Small & Medium-Sized Exporting Companies: Statistical Overview, 2009 finds 275,843 exporters in 2009. Of this number, 269,269 or 97.6 percent were small businesses. But small businesses only accounted for 32.8 percent or $308 billion of the total export revenue in 2009.

    For both small and large exporters, most of the exports came from the manufacturing and wholesale trade industries, which is not surprising considering the data does not cover services exports. These two industries combined represented about 85 percent of exporting value and 60 percent of the exporting businesses.

  • Submitted on 24 May 2011

    Regional innovation clusters are based on a simple but critical idea:  if we foster coordination between the private sector and the public sector to build on the unique strengths of different regions - while creating the incentives for them to do so - we will be better equipped to marshall the knowledge and resources that America needs to compete in the global economy.

    The $33 million Jobs and Innovation Accelerator Challenge that the Obama Administration announced yesterday will help capitalize on shared strengths, encouraging America's regions to plan more strategically to support long-term growth and an environment where the private sector can succeed.  It reflects an understanding by both private sector leaders and policymakers that we must implement strategies that capitalize on the full extent of regional assets and ensure that the benefits of cluster development extend to all workers and communities throughout the region.

  • Submitted on 12 April 2011

    Play VideosAs part of MBDA’s ongoing mission to promote the tremendous capabilities of minority-owned firms and the promise of phenomenal growth through exporting and strategic alliances internationally, Director Hinson was the featured speaker at the U.S. Global Business & Markets pavilion on Monday, April 4. View additonal videos at sell-american.com.

    National Director Hinson joined Ambassador Philip Murphy, U.S. Assistant Secretary Michael Camunez and Deputy Assistant Secretary Brian McGowan of Economic Development Administration to promote the Obama administration's National Export Initiative (NEI) as well as to attract Foreign Direct Investment (FDI) in the U.S.

     

  • Submitted on 11 April 2011

    Exporting 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.

  • Submitted on 16 March 2011

    Join Director Hinson in London at the 3rd Annual M&A SymposiumIf you’re interested in expanding your business through merger or acquisition, branching out into overseas markets, or just want some insight into international trade laws, plan on attending the Alliance of Merger & Acquisition Advisors’ (AM&AA) 3rd Annual Global Merger & Acquisition Symposium (M&A Symposium) in London, England, May 10th – 12th, 2011. This year we’re pleased to announce National Director David Hinson will be delivering the keynote address on Wednesday, May 11th.

    Mission to Encourage MBEs to Expand

    A key part of MBDA’s mission is encouraging minority business enterprises to expand their businesses through merger and acquisition and develop strategic partnerships with overseas firms. Many minority entrepreneurs already have strong ties to Asia, Africa and Latin America; and seek ways to solidify these global alliances.  The M&A Symposium offers an excellent opportunity to learn more about these 21st-century growth strategies while making valuable international contacts.

Did you know...

MBDA Minority Business Centers helped clients obtain capital totaling $4.76 billion during the last 5 fiscal years.
Graph for Dollar Value of Capital

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