EXIM Bank Joins Forces with Local Communities to Boost Exports
August 1, 2016
(Ex-Im Bank)
Washington, D.C. – Today the Export-Import Bank of the U.S. (EXIM) announced the
launch of its Regional Export Promotion Program (REPP), a joint effort between
EXIM and regional organizations with a view to stimulating U.S. export sales
abroad and bolstering job growth at home.
The program, which already boasts 38 members across 26 states and two U.S.
territories, is welcoming applications from potential members.
“Since 2009, EXIM has demonstrated a historic commitment to small business
exports, and our local partners were key contributors to that success,” said
Fred P. Hochberg, chairman and president of EXIM. “Through REPP, the Bank will
continue to grow our network of regional, state, and local partnerships we need
to ensure small businesses have additional tools and access to U.S. Government
resources for exporters.”
Benefits of the program for companies, especially small businesses, include
assistance with outreach and counseling; introduction to marketing and training
materials; and access to qualified finance experts, lenders, insurance brokers,
and U.S. Government export resources.
The Alabama International Trade Center, for example, assists small businesses in
Alabama to enter foreign markets and expand their export sales and is part of
The University of Alabama’s efforts to boost the state’s economic development.
“The Alabama International Trade Center at The University of Alabama has a
thirty-five year history of working with EXIM Bank programs, and we look forward
to growing that relationship with the new Regional Export Promotion Program,”
said Bill Cummins, executive state director of the Alabama Small Business
Development Center Network. “I’ve seen first-hand how EXIM programs really help
small businesses grow their international sales, create jobs, and improve
Alabama’s economy.”
Organizations eligible for membership include local, regional, or state economic
development organizations or World Trade Centers that assist small businesses.
For more information on joining the program, please visit the REPP application
page at www.exim.gov/who-we-serve/repp.
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