In partnership with the International Trade Center – Illinois SBDC at College of DuPage and the Illinois Manufacturing Excellence Center (IMEC), the International Trade Center – Illinois SBDC at Champaign County EDC is pleased to launch ExporTech™, a national export assistance program that applies a structured export strategy development process to help companies enter or expand in global markets, for Illinois companies.
The program assists participating companies to develop an international growth plan and connects them with experts to help them move quickly beyond planning to actual export sales. It combines innovative group sessions − customized to the learning needs of participants − with individualized coaching. Since 2006, 233 ExporTech™ programs have been delivered in 36 states and Puerto Rico with over 1,180 participating companies.
Companies that have gone through the ExporTech™ program have reported significant impacts to their bottom lines:
- On average, participating companies generate $500,000 – $700,000 in new export sales.
- Many companies generate export sales within 6 months of completing the program.
- The average participant reported cost and investment savings of $91,000.
Small and mid-size manufacturers in Illinois that are looking to expand their global sales can apply for the Summer 2021 cohort, running June – August, online at https://www.cusbdc.org/services/exportech/. The application deadline is Monday, May 31, 2021 at 5:00 PM (CST).
The total program cost is over $5,000 per company; however, due to CARES Act funding, this Summer 2021 cohort is being offered at no cost to companies.
Learn more and apply at https://www.cusbdc.org/services/exportech/.