EXIM Bank Supports Startups That Look To Expand Globally

December 13, 2016

Startups come in all shapes and sizes. According to Investopedia, “a startup is a company that is in the first stage of its operations,” however; it’s hard to define what constitutes a “first stage” because a startup may be three years old and still be considered in its “first stage” due to changes in its strategy and product/service.  In 2015, the U.S. Department of Commerce officially launched the Startup Global Initiative, which is a program designed to help startups think global from day one of existence. Even the most advanced startups are reactive rather than proactive when they receive interest or demand from the global community. Therefore, these startups are usually left scrambling to find out how to export their goods, what government resources they can tap into, etc.

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