Growing Black Businesses through Exporting
In celebration of Black Business Month, the Export-Import Bank of the United States (EXIM) is partnering with the Urban League of Greater Atlanta, Invest Atlanta, Atlanta Office of the Mayor, Georgia Ports Authority, Metro Atlanta Chamber, U.S. Commercial Service, and UPS Women Exporters Program to provide U.S. Black-owned businesses information about the resources available to help them expand their markets internationally.
Throughout the past year, Black-owned businesses have faced many hardships such as lost revenue, temporary closures, reduced budgets, and diminished wages. Given those obstacles, small businesses can look for opportunities to sell their goods and services abroad, since only about 1% of U.S. businesses are exporting although 95% of consumers live outside the United States.
This free, in-person event will include two panel discussions and an audience Q&A session. Participants will learn about:
- How to protect your small business from the risk of nonpayment by international buyers.
- How to extend credit terms to buyers to make your business more competitive in the global marketplace.
- How to access working capital needed to fulfill international sales orders.
- Case studies from Black-owned businesses who have successfully exported their products around the world.
- Resources available from the partnering organizations to help small businesses begin or expand their exporting journey.
EXIM’s Minority and Women Owned Business Division (MWOB) is dedicated to supporting U.S. businesses owned by minorities, women, veterans, and people with disabilities. The MWOB team works closely with organizations that have a minority trade focus, to help spread the word about EXIM financing and create opportunities for export-ready U.S. businesses.