 By Sabrina D'Onofrio, CGBP, CBA Don't let yourself or your business suffer because of the myths that precede the concept of exporting abroad. If you believe exporting is too complicated or unnecessary then I highly recommend that you register for Export Success 2021. Export Success 2021 is now 100% reimbursable for eligible companies who apply for the IMAGE Grant from the State of Ohio.
0 Comments
 On Oct. 15, 2020, Toledo Mayor Wade Kapszukiewicz announced that the second round of the Emergency Microenterprise Recovery Grant (EMRG) would begin to accept new applications at 9 a.m. on Oct. 19. The first round of the grant opened May 11 and closed May 24, and the second round will be the final round of the EMRG. A deadline for the application period has not been announced.
 Though 2020 has been a difficult year for businesses not just here in the Toledo Region but around the country and world, it’s never a bad time to put in the effort to expand your business through exporting. It’s as important as ever to maintain confidence in your business’ future, and that means forging ahead. And you don’t have to do it alone.
 By Sabrina D'Onofrio, CGBP, CBA, Export Assistance Director Beginning July 1, 2020, the United States-Mexico-Canada Trade Agreement (USMCA), or sometimes referred to as NAFTA 2.0, will replace the North America Free Trade Agreement, more commonly known as NAFTA. An agreement was made to modernize the 25-year-old agreement into a 21st century agreement with the highest standards.
 By Sabrina D'Onofrio, CGBP, CBA, Export Assistance Director More than 95 percent of the world’s population and two-thirds of the global purchasing power lies outside of America’s borders, yet less than 1 percent of the 30 million businesses in the United States export. Ohio is the ninth-largest exporting state in the United States, consistently ranking as one of the top 10 exporting states in the nation. This is something that, as the Director of the Export Assistance Network, I am very proud of and hope to continue to see Ohio stay within that top 10.
 On May 3, the U.S. Small Business Administration (SBA) created the Paycheck Protection Program Frequently Asked Questions document. This document contains more than 40 questions that business leaders may have regarding the PPP, Coronavirus Aid, Relief, and Economic Security (CARES) Act, and more. The Toledo Small Business Development Center has laid out five questions you shouldn't miss from this document, and has created a spreadsheet, titled PPP Forgiveness Determination, to help you calculate the amount of money that can be forgiven by the PPP.
Yesterday, the Small Business Administration began to offer an advance of up to $10,000 on its Economic Injury Disaster Loan for businesses being disrupted by COVID-19. For businesses that are experiencing a temporary loss of revenue, funds should be made available within three working days of a successful application. The loan will not have to be repaid. You can apply for the Economic Injury Disaster Loan Advance by clicking here.
 The Ohio Development Services Agency is working this week to qualify Ohio for the U.S. Small Business Administration's (SBA) Economic Injury Disaster Loan Program. This program provides low-interest loans up to $2 million in order to help businesses overcome the temporary loss of revenue during the state of emergency. Non-profit organizations in Ohio will also be eligible for low-interest loans through the SBA's Economic Injury Disaster Loan program
 By Sabrina D'Onofrio, Export Assistance Network Director The International Market Access Grant for Exporters is coming to a close this Friday, Feb. 28 at 3 p.m. The IMAGE Grant is a program funded through the State Trade Expansion Program (STEP). STEP is funded through the Small Business Administration’s (SBA) Office of International Trade. The SBA provides guidance on the IMAGE grant that offers financial assistance for small businesses to promote their products and services in international markets. The IMAGE grant will provide 50 percent reimbursement up to $10,000 per fiscal year for qualifying activities.
 On Feb. 6, the Toledo Regional Chamber of Commerce and the Toledo Small Business Development Center held the first-ever Drivers Ed class. The series was designed specifically for young professionals entering C-suite and ownership-level positions in their businesses, and focuses on teaching them to not just sustain the business model of previous generations, but to grow. The series continues on March 5 at 8 a.m. with Accounting for Fuel Efficiency at the University of Toledo's Nitschke Technology Commercialization Complex.
|
Archives
January 2023
Categories
All
|
|
Copyright Toledo Regional Chamber of Commerce. All Rights Reserved.
300 Madison Avenue, Ste. 200 | Toledo, OH 43604 PHONE: (419) 243-8191 Terms and Conditions |
|
|
RSS Feed