Ohio Small Business Wins SBA’s 2019 Exporter of the Year Award
May 1, 2019
(SBA)
EarthQuaker Devices distributes to 47 countries worldwide
WASHINGTON – EarthQuaker Devices has been named 2019 Small Business Exporter
of the Year by the U.S. Small Business Administration (SBA). The Akron,
Ohio-based company will be officially recognized during National Small Business
Week, an annual event honoring the accomplishments and contributions of the best
small businesses in the nation.
The award will be presented to EarthQuaker Devices’ Founder/President Jamie
Stillman and CEO Julie Robbins on May 6, during a luncheon held at the U.S.
Institute of Peace, in Washington, D.C.
“EarthQuaker Devices is a great example of how a small business can flourish
by entering the international market. We are thrilled that the SBA was able to
assist them as they grew into a global company,” said David Glaccum, Associate
Administrator for the Office of International Trade.
Stillman and Robbins remain committed to maintaining sustainable growth through
innovation and global expansion. EarthQuaker Devices has a worldwide reputation
for producing a top-shelf product which is CE certified to guarantee compliance
with international regulations.
EarthQuaker Devices’ increased sales afforded them the opportunity to grew
from its humble beginnings as a basement-based business, to a renovated
two-story 15,000 sq. ft. building where they build and distribute their products
to 47 countries worldwide. The company continues its production in the U.S.,
proudly marking their devices as “Made in Akron, Ohio,” and employ more than
57 people.
EarthQuaker Devices participated in several government trade promotion and
financing programs to include the Ohio International Market Access Grant for
Exporters (IMAGE) program, funded through the State Trade Expansion Program
(STEP). In 2018, they were awarded and used the full $25,000 grant to develop
marketing pieces. Another key to their success is the counseling they received
from the Ohio Small Business Development Center’s Export Assistance Network.
U.S. exports are important to the nation’s economy, and 98 percent of all
exporters are small businesses. During fiscal year 2018, the SBA guaranteed 476
export finance loans for nearly $735 million, supporting over 10,900 jobs and
$2.6 billion in reported export sales.
National Small Business Week is the SBA’s annual celebration of
entrepreneurship and innovation. This year, National Small Business Week will
be recognized May 5-11, with events planned in Washington, D.C. and around the
country.
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