Showing posts with label SBA. Show all posts
Showing posts with label SBA. Show all posts

Dear President Obama

Posted by Bikhin7 Thursday, February 12, 2009 0 comments

From the Director of Economic Research at the United States Small Business Administration:

In sum, the 27 million small businesses in the United States play a vital role in the economic well-being of our nation. the Office of Advocacy's research contributes to the understanding of the importance of small businesses and the entrepreneurial spirit in generating economic growth, hiring and training new workers, and creating innovative products and services that will strengthen America's competitiveness in an increasingly global economy.
Immediate download of the The 2008 Small Business Economy Report (366 pages -- including chapters focusing on financing, procurement, international trade, small business training and development, tax policy, business creation, and regulation) can be obtained here.

Small Business Advocate Could Head Ex-Im Bank

Posted by Bikhin7 Tuesday, January 13, 2009 0 comments

Fred Hochberg, a longtime advocate of small business, could head Ex-Im Bank. Ex-Im Bank mission: To finance sales that the private sector considers too risky to fund on its own. Hochberg (pictured) currently is dean of Milano The New School for Management and Urban Policy.

Hochberg has a diverse business background:

• Held top positions at SBA (under Clinton administration).
• Was in direct sales industry positions.
• Spent bulk of his business career at Lillian Vernon Corporation, leading the transition from private enterprise to publicly traded company (president from 1989-1993). It appears he is the son of Lillian Vernon.

Ex-Im Bank has made an effort to emphasize lending to smaller companies -- $3.2 billion of its $14.4 loan authorizations last fiscal year went to finance exports by small firms.

"The SBA must assert itself more aggressively in the area of procurement to ensure that small businesses are receiving a greater share of federal contracts," he wrote in a 2006 op-ed in Inc. magazine.

Read the entire article here.

International Trade Symposium

Posted by Bikhin7 Tuesday, November 11, 2008 0 comments

SBA will hold an International Trade Symposium in Nation's Capital on Tuesday, November 18. Part of what will take place:

Experts will educate small businesses on the resources available to help them export their goods and services. The symposium will begin with a panel of successful small business exporters who will share their stories and expertise on tapping into the global market. Valuable networking and counseling opportunities for small businesses interested in expanding their businesses through international trade also will be available.

Reducing barriers to trade is a significant way to help small businesses through the current economic downturn. With exports now accounting for a larger percentage of U.S. GDP than at any other time in history, expanding free trade is crucial for America's long-term economic health. Small businesses are playing an increasingly larger role in the U.S. export sector. The number of small and medium-sized exporters grew more than twice as fast as the number of large company exporters, between 1992 and 2003. This international trade symposium will enable small businesses to better understand how to take advantage of free trade and continue export growth.
Read more here.

Just Export!

Posted by Bikhin7 Tuesday, October 14, 2008 0 comments

There's a saying, "No excuses, just results." Well, here's another one: "No excuses, just export." A new online course will help all of us here -- entrepreneurs and small businesses -- explore exporting opportunities in international markets. Global Enterprise: A Primer on Exporting is a free, self-paced course that provides practical guidance on exploring international markets. Look for it under New Courses on the right sidebar.

Course participants completing the 30-minute online training programs can earn a certificate of completion from the SBA, with their name, date and course title. The Export Primer course is one of nearly 30 online tutorials offered by the SBA on its virtual campus, the Small Business Training Network (www.sba.gov/training). SBTN is part of the SBA’s Office of Entrepreneurship Education (OEE), which combines the agency’s online education programs, youth outreach, and outreach to underserved markets under a single umbrella.

The online training info page is here; selection of new courses is here and to register fast go here.

Go for it!

Entrando En El Juego Del Comercio Internacional

Posted by Bikhin7 Sunday, September 14, 2008 0 comments

SBA’s “Breaking into the Trade Game: A Small Business Guide to Exporting” was translated into Spanish by Argentina’s Chamber of Exporters and will be disseminated as a joint effort between the Argentinean Chamber and the Small and Medium Enterprise Congress of the Americas on International Trade.

Says SBA Acting Administrator Sandy K. Baruah:

“In our global economy, trade among nations has proven a leading factor in economic development and job growth. For small businesses, learning how to break into the international trade game is a must to make them more competitive."
Download PDF file here:

Entrando En El Juego Del Comercio Internacional (Breaking Into The Trade Game -- Argentine translation)

The guide will be made available in other countries with large Spanish-speaking populations.