Latest News
April 27, 2011
Sec. Gary Locke Nominated for Ambassador to China
President Obama nominated Commerce Secretary Gary Locke to be the new U.S. ambassador to China. The post is open after former Utah governor Jon Huntsman (R) announced he would resign earlier this year amidst speculation that he may seek the Republican presidential nomination. Huntsman will officially step down on April 30. Locke, past governor of Washington, will be [Read More]
April 27, 2011
Reps Call for Comprehensive Trade Agreements
In a sign of overwhelming support for expanded U.S. trade opportunities, more than two-thirds of House freshmen signed a letter urging President Barack Obama to expeditiously move forward free trade agreements with Colombia, Panama, and South Korea. Spearheaded in large part by Rep. Rick Berg (R-N.D.), the letter stressed the immediate need for the passage [Read More]
April 27, 2011
SBA to Host Exporting Forum
National Small Business Week is May16 – 20, and on May 18 through 20, the U.S. Small Business Administration will host a variety of events to celebrate America’s small business owners. Among those events is a forum on exporting. The forum, “Exporting Tools for Success,” will be held Friday morning, May 20 and will explore [Read More]
April 26, 2011
SBA Announces How-To Videos on Exporting
The U.S. Small Business Administration, Inc. Magazine and AT&T announced early-April a new partnership to develop a series of educational videos designed to help small business break into exporting. The video series, “Take Your Business Global,” features five main topics that guide small businesses through the process of exporting: Getting Started in Exporting; Planning for [Read More]
March 25, 2011
Ex-Im Bank Authorizations Reach All-Time High
During the first quarter of Fiscal Year (FY) 2011, buy the Export-Import Bank of the United States (Ex-Im Bank) approved $8.25 billion in total financing authorizations, supporting nearly $10.3 billion in export sales. The sales in the first quarter (Oct. 2010 through Jan. 2011) supported approximately 75, 000 American jobs in communities across the country. [Read More]
March 25, 2011
NSBA Board Member Appointed to Export Advisory Committee
U.S. Department of Commerce Secretary Gary Locke recently announced the appointment of NSBA board member Dr. Leslie “Les” Bowen to the President’s Export Council Subcommittee on Export Administration (PECSEA). This committee will advise the Commerce Department on the administration’s export control reform initiative. Commerce chartered the PECSEA on June 21, 2010, to advise officials U.S. [Read More]
March 25, 2011
House Marks-up SBA Budget, Export Programs Cut
The House Small Business Committee held a mark-up last week for the U.S. Small Business Administration (SBA) FY 2012 budget. While the administration requested $985 million—down slightly from the SBA’s allocation of $993 million in FY 2011 and $824 million in 2010—the committee approved a funding level that cut nearly $100 million from the administration’s [Read More]
March 24, 2011
Ex-Im Bank Upcoming Annual Conference
The Export-Import Bank of the United States (Ex-Im Bank) will hold its Annual Conference March 31-April 1 in Washington, D.C. Ex-Im Bank’s Annual Conference is one of the nation’s premier venues for discussing U.S. trade policy and developing strategies to expand the role exports play in the U.S. economy. This year’s event, with the theme [Read More]
March 24, 2011
STEP State Grant Program Kicks Off
As passed under last year’s Small Business Jobs Act, the State Trade and Export Promotion (STEP) pilot program kicked off March 1. The STEP program is a $90 million over three years initiative designed to help the U.S. Small Business Administration (SBA) enhance export assistance to small business and thereby increase U.S. small-business exports. The [Read More]
March 11, 2011
