Veteran-Owned Company’s Technology “Protecting those who Protect us” Globally
Founded in 2006 and based in Crofton, Maryland, IR Tools is a family and veteran-owned company that manufactures infrared identification products compatible with night vision and thermal imaging devices. Tom Boyer, CEO of IR Tools, started to explore expanding internationally and reached out to the U.S. Commercial Service in Baltimore, Maryland. To help develop an export strategy. IR Tools used the matchmaking resources of the U.S. Commercial Service to identify and meet vetted foreign partners at International Trade Shows. Additionally, IR Tools leverages the expertise of the commercial staff at the U.S. Embassies to evaluate the suitability of foreign firms to serve as their resellers. Today IR Tools serves customers in over 20 countries protecting those who protect us globally!
Read IR Tools’ Export Story
Contiem Rapidly Expands Global Footprint
Contiem, Inc. has fully integrated exporting into its corporate culture to establish itself as an international full-service content management company. Contiem used a wide range of U.S. Commercial Service export programs to help it achieve international success.
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Carroll International Pivots to Gain Market Diversity
As a service-disabled, veteran-owned small business, Carroll International has utilized U.S. government resources to create pathways to diversify its sales channels.
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First Export Lands Veteran-Owned Company in Greece
By using CS counseling, export education, and overseas trade missions combined with the Small Business Administration’s (SBA) small business loan and grant programs, NVTS made its first export sale to the Greek Coast Guard in 2015.
Read NVTS’ Story
Cincinnati Crane & Hoist Sees Exports Rise
Cincinnati Crane & Hoist, a locally owned, veteran small business, is one of the fastest growing companies in the Cincinnati area. The firm is now expanding internationally with the help of the U.S. Commercial Service and other federal government resources.
The U.S. Small Business Administration (SBA) helps small business owners and entrepreneurs pursue the American dream. The mission of SBA’s Office of International Trade (OIT) is to enable small business expansion into the global economy. OIT helps businesses in three main ways:
- Grants: The State Trade Expansion Program provides grants to small businesses though State trade offices to help business begin or expand exporting. Click on the link to find your State or Territory.
- Counseling: A trade hotline and Fast Track Service for small businesses to discuss unique challenges with going global and identify potential resource solutions. To schedule a consultation, call 1-855-722-4877 or email email@example.com. Find more information on www.sba.gov/tradetools.
- Loans: Access to capital to support global sales growth through a nationwide network of Export Finance Managers housed in U.S. Export Assistance Centers (USEACs) around the country. Click on the link to find the Center closest to you.
The Veterans Business Outreach Center (VBOC) program is designed to provide entrepreneurial development services such as business training, counseling and resource partner referrals to transitioning service members, veterans, National Guard & Reserve members and military spouses interested in starting or growing a small business. The SBA has 22 organizations participating in this cooperative agreement and serving as Veterans Business Outreach Centers (VBOC).
For more information visit https://www.sba.gov/page/veterans-business-outreach-center-vboc-program
The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. EXIM is an independent Executive Branch agency with a mission of supporting American jobs by facilitating the export of U.S. goods and services.
When private sector lenders are unable or unwilling to provide financing, EXIM fills in the gap for American businesses by equipping them with the financing tools necessary to compete for global sales. In doing so, the agency levels the playing field for U.S. goods and services going up against foreign competition in overseas markets, so that American companies can create more good-paying American jobs.
Because it is backed by the full faith and credit of the United States, EXIM assumes credit and country risks that the private sector is unable or unwilling to accept. The agency’s charter requires that all transactions it authorizes demonstrate a reasonable assurance of repayment; EXIM consistently maintains a low default rate, and closely monitors credit and other risks in its portfolio.
For more information visit EXIM.gov