“So tonight, we set a new goal: We will double our exports over the next five years, an increase that will support two million jobs in America.”
-President Obama
The President’s ambitious plan to double America’s exports over the next five years, which he announced at the 2010 State of the Union, makes this the perfect time for SMEs to start to export. The details of this plan were laid out in the National Export Initiative (NEI), and an Export Promotion Cabinet was established to spearhead the effort. The NEI pools resources and leadership from the Small Business Administration, the Export-Import Bank, the U.S. Trade Representative, and from the Commerce, State, and Agriculture departments.
Priority number one of the NEI is to increase government assistance to SMEs looking to export.