The State of Maine Powers Up for Exports

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State Trade Expansion Program grants from the U.S. Small Business Administration provide funding to increase the number of businesses that export, and are administered in the state by Maine International Trade Center.

The Maine International Trade Center in Portland was awarded $400,000 in federal money to provide small businesses with the information and tools they need to succeed in export-related activities.

"During times of economic uncertainty, diversification of markets remains a sound business strategy, and international business is a key element," the center’s president, Wade Merritt, said in a news release. 

The latest money will allow the center to help Maine companies take advantage of export markets for today and develop new opportunities in the future.

Today in Global Small Business: Global Used Car E-Commerce Industry

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What's affecting me, my clients, my colleagues and other global small business owners:

• Mastercard rolled out a digital trade platform recently designed to make it easier for companies to do business around the world.
• The Global And Chinese Used Car E-Commerce Industry, 2018 Market Research Report is a professional and in-depth study on the current state of the global Used Car E-Commerce industry with a focus on the Chinese market.
• European Union countries must foster payment services that work across the continent to boost its financial sector and reduce dependence on third countries like the United States.
• The Maine International Trade Center has been awarded $345,000 in competitive federal funding to help the state's small businesses become bigger exporters.
• EBay, the central platform for connecting buyers and sellers, has turned its attention to helping black entrepreneurs expand their businesses.
• Register for the next wegginar® on October 3rd:  Small Startup, Big Global Impact, with Kati Kollhoff, CEO, NUMIX: https://attendee.gotowebinar.com/register/8060785115734801921 -- no charge but you must register to attend.