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City/State Partners Initiative Summary The City/State Partners Program brings state, county, and local non-profit economic development entities together with Ex-Im Bank in a partnership designed to expand export opportunities. If you have the local market knowledge and the ability to reach it, Ex-Im Bank offers trade finance expertise and programs specifically tailored to support U.S.-based exporters. By cooperating and pooling strengths, we can accomplish together what neither could do alone. We think you’ll discover an alliance with Ex-Im Bank will pay off big-time. The benefits are simple. Supporting exports helps create desirable jobs in your community. Exporters generally offer higher wages and are 30 percent more likely to stay in business than non-exporters. That means a stable and expanding local tax base in your local community. Who’s eligible to become a partner? City/State Partners must meet the following requirements:
Examples of eligible partners include State, County, City Governments—either directly or indirectly funded; local non-profit economic development entities funded through universities and colleges; Small Business Development Centers; and World Trade Organizations. What services will Ex-Im Bank provide?
What must City/State Partners do?
How can you become a partner? If you meet the eligibility requirements above, we make the application process straightforward. Usually a copy of your comprehensive annual report to management or board of directors or governors will contain sufficient information to ascertain eligibility. If your organization does not prepare an annual report we will ask for a business plan. Once your application is accepted, we will train your staff at one of our regional offices or at our Washington D.C. headquarters. We welcome your inquiries, so please contact us. We look forward to working with you. Michael K. Jackson, MBA, CGBP |
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