National Export Initiative Seminar

Today, I attended the Manufacture America National Export Initiative (NEI) Med Tech Small and Medium Size Enterprises Seminar in Cleveland, Oh. Resources were on hand from the US Commercial Service, Northstar Trade Finance, SBA Export Solutions Group. Some points that were discussed are listed here:
• 1% of US companies export
• 12% of German companies export
• Most US exports are to only 1 country
• 83% of Global Growth will be outside of the US
• Small Manufacturing Enterprises make up 97% of the US Exports
• 95% of the world’s consumers liver outside the US
• Exports account for: US - 11% of GDP , China - 25% , Canada - 27% , Germany 41%

New Product from the ExIm Bank:
Express Insurance has been developed for qualified small business; it features a streamlined application and both a policy quotation and two foreign-buyer credit indications up to $300,000 within five business days. Find out more from your local Export Import Bank Representative.

The representatives there were willing to talk, share ideas and information and open their offices to anyone that would like help in gaining their international advantage. I learned much and am looking forward to working with my clients utilizing some of these resources.