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The objective of the National Export Initiative (NEI) created on 11 March 2010 by Executive Order is to provide tools, assistance and Federal funding support designed to double U.S. Exports. IAEE endorses the NEI. By providing IAEE members with this tool kit we believe the results of our work together will be to place exhibitions and similar trade events at the forefront of this vital national project.
The NEI is an initiative to improve conditions that directly affect the private sector’s ability to export. The NEI will help meet the Administration’s goal of doubling exports over the next 5 years by:
Find Your Congressional Representative Now
The Export-Import Bank of the United States (Ex-Im Bank), the official export credit agency of the United States, can provide valuable support in financing the exports of U.S. goods and services to international markets, enabling companies to compete worldwide Often, this assistance can provide the “edge” in winning a sale for U.S. exhibitors that export.
The agency provides working-capital loan guarantees and export credit insurance to U.S. exporters and medium- and long-term loan guarantees to foreign buyers, primarily in emerging markets. Ex-Im Bank’s working capital guarantee enables small and medium-sized U.S. exporters to obtain credit to fulfill sales orders. The lender guarantee turns the company’s inventory and accounts receivable into eligible collateral for the lender.
Export credit insurance provides payment protection to the exporters. It also enables these companies to sell on competitive “open account” terms rather than require cash-in-advance from their international buyers. By reducing the risk of nonpayment and offering credit, companies can enter new markets and increase sales with confidence. Whether the sale is big or small, Ex-Im Bank will assume the inherent trade risks that the private sector is unwilling or unable to cover. In fact, about 85% of Ex-Im Bank’s transactions directly benefit U.S. small businesses. For more information, visit http://www.exim.gov/smallbiz/index.html or call 800.565.3946 and press 2 at the prompt.
Stephen P. Maroon, Director of Marketing
Export-Import Bank of the United States
811 Vermont Ave. NW, Room 1273
Washington, DC 20571
Tel. 202.565.3901 . Fax 202.565.3210 . www.exim.gov
The U.S. Commercial Service’s Trade Fair Certification program is a cooperative arrangement between private sector trade show organizers and the U.S. government to increase U.S. exports and expand U.S. participation in overseas trade shows. Trade Show Organizers may apply for Trade Fair Certification in order to offer U.S. exhibitors the export assistance services provided by the U.S. Commercial Service.
Who’s Eligible for Trade Fair Certification? Click Here
Bringing Buyers to U.S. Trade Shows
By participating in the International Buyer Program you help your exhibitors increase their international sales. The International Buyer Program recruits thousands of qualified foreign buyers, sales representatives, and business partners to U.S. trade shows each year, giving your exhibitors excellent opportunities to expand business globally.
The National District Export Council (DEC) is a very prominent and large group of professionals who have similar interests with IAEE members. The DEC is an excellent organization doing much of the same work we are, and IAEE members are encouraged to review the information carefully. The National District Export Council (DEC) encourages DEC members across the country to use the templates in the NEI Toolkit to take action in support of the National Export Initiative. At the same time, we urge you to talk with your local DEC leadership about developing a coordinated action strategy.
To find contact information for your local DEC leadership use the Regional DEC locator map on the District Export Council site. Also, find your Congressional representative here.
NEI – Contact Congress Letter
Take Action: Use this DEC Support for NEI sample Letter to Congress to contact your congressional representatives to voice your support of the National Export Initiative.
NEI – DEC Take Action – Letter
Take Action: Use this DEC NEI sample Letter to Editor to contact local media outlets and businesses to gain support of the National Export Initiative.
NEI – Background Information
Learn more about the National Export Initiative by reading this NEI Background Information pdf.
NEI – Presentation
Present with confidence – use this NEI Powerpoint Presentation as your foundation for delivering presentations to local groups and businesses.