San Antonio International Trade Center Awarded Ex-Im Bank City-State Partner
of the Year
WASHINGTON, April 4, 2013
WASHINGTON, April 4, 2013 /PRNewswire-USNewswire/ -- The International Trade
Center at the University of Texas, San Antonio today received the City-State
Partner of the Year award from the Export-Import Bank of the United States
(Ex-Im Bank). The award was presented at the Bank's 38th Annual Conference in
"The San Antonio International Trade Center has been a leading champion for
Texas small- and medium-sized business owners, and they are a model for the
rest of the country," said Ex-Im Bank Chairman Fred P. Hochberg. "By working
together, it is our hope that more 'Made in Texas' labels will be found in
stores around the world."
"We are proud of our work in helping Texas boost its economy through export
growth," said Jaime A. Martinez of the International Trade Center's Texas
International Business Accelerator. "Our work with Ex-Im Bank has been
beneficial to small- and medium-sized businesses throughout the state, and we
look forward to maintaining a strong partnership in the years ahead."
Established in 1992, the mission of the International Trade Center is to
provide businesses with trade consulting services, market research, and
training programs that deliver results. ITC provides assistance to
foreign-based businesses in successfully establishing operations in Texas,
advises governments throughout Latin America and the Caribbean on how to adapt
and startup their own SBDC networks via the Small Business Network of the
Americas (SBNA), and helps connect millions of small business clients via its
SBDCGlobal.com online platform.
In Fiscal Year (FY) 2012, the Center increased its export finance loan volume
to $45 million, a 400% increase from FY'11. In FY'12, the Center assisted its
clients in generating $118 million in export sales, enter 151 new markets, and
introduce 148 new products to various markets. The Center also delivered
industry-leading training to more than 850 business professionals at 32
Ex-Im Bank's City-State Partnersbring state and local nonprofit economic
development entities together to expand awareness of export opportunities and
financing. They advise local small businesses on exporting and enable them to
work with trade-finance specialists. More than 70 Ex-Im City-State Partners
are located across the country.
Ex-Im Bank's 2013 Annual Conference will feature prominent members of the
business and government community including Vice President Joe Biden,
Transportation Secretary Ray LaHood, former Treasury Secretary Larry Summers,
former National Security Advisor General James Jones, Xerox Corporation CEO
Ursula Burns, and Citibank Chairman Michael O'Neill. A full listing of
speakers, panelists, and moderators is available on Ex-Im's website:
About Ex-Im Bank
Ex-Im Bank is an independent federal agency that helps create and maintain
U.S. jobs by filling gaps in private export financing at no cost to American
taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has
earned for U.S. taxpayers nearly $1.6 billion above the cost of operations.
The Bank provides a variety of financing mechanisms, including working capital
guarantees, export-credit insurance and financing to help foreign buyers
purchase U.S. goods and services.
Ex-Im Bank approved nearly $35.8 billion in total authorizations in FY 2012 –
an all-time Ex-Im record. This total includes more than $6.1 billion directly
supporting small-business export sales – also an Ex-Im record. Ex-Im Bank's
total authorizations are supporting an estimated $50 billion in U.S. export
sales and approximately 255,000 American jobs in communities across the
country. For more information, visit www.exim.gov.
SOURCE Export-Import Bank of the United States
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