“Exporting provides tremendous opportunities for America’s small businesses and entrepreneurs. Two-thirds of the world’s purchasing power can be found outside of the United States, but only about 1% of America’s 28 million small businesses are reaching customers beyond our borders. Exporting is an important growth opportunity for our small businesses that are ready to expand their reach into new and increasingly borderless global markets.”The US Small Business Administration (SBA) has provided US states with a total of US$18.85mn to support regional SME export growth. The funding is part of SBA’s state trade expansion program (STEP), which was created to increase the number of small exporters in the country.
Exporting provides a ticket to growth for America's small businesses.
Read more: US small businesses get trade boost
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