{ "id": "R43155", "type": "CRS Report", "typeId": "R", "number": "R43155", "active": true, "source": "CRSReports.Congress.gov, EveryCRSReport.com, University of North Texas Libraries Government Documents Department", "versions": [ { "source_dir": "crsreports.congress.gov", "title": "Small Business Administration Trade and Export Promotion Programs", "retrieved": "2022-06-30T04:03:38.351785", "id": "R43155_23_2022-05-24", "formats": [ { "filename": "files/2022-05-24_R43155_aa31ddc1673fa600e915076a9ff8378d7f45cd3c.pdf", "format": "PDF", "url": "https://crsreports.congress.gov/product/pdf/R/R43155/23", "sha1": "aa31ddc1673fa600e915076a9ff8378d7f45cd3c" }, { "format": "HTML", "filename": "files/2022-05-24_R43155_aa31ddc1673fa600e915076a9ff8378d7f45cd3c.html" } ], "date": "2022-05-24", "summary": null, "source": "CRSReports.Congress.gov", "typeId": "R", "active": true, "sourceLink": "https://crsreports.congress.gov/product/details?prodcode=R43155", "type": "CRS Report" }, { "source_dir": "crsreports.congress.gov", "title": "Small Business Administration Trade and Export Promotion Programs", "retrieved": "2022-06-30T04:03:38.351093", "id": "R43155_22_2022-04-20", "formats": [ { "filename": "files/2022-04-20_R43155_bb019fea904294afa88dac64c4a9064e1558d7d7.pdf", "format": "PDF", "url": "https://crsreports.congress.gov/product/pdf/R/R43155/22", "sha1": "bb019fea904294afa88dac64c4a9064e1558d7d7" }, { "format": "HTML", "filename": "files/2022-04-20_R43155_bb019fea904294afa88dac64c4a9064e1558d7d7.html" } ], "date": "2022-04-20", "summary": null, "source": "CRSReports.Congress.gov", "typeId": "R", "active": true, "sourceLink": "https://crsreports.congress.gov/product/details?prodcode=R43155", "type": "CRS Report" }, { "source_dir": "crsreports.congress.gov", "title": "Small Business Administration Trade and Export Promotion Programs", "retrieved": "2022-06-30T04:03:38.350435", "id": "R43155_21_2021-12-10", "formats": [ { "filename": "files/2021-12-10_R43155_a1685daff49c31b9e84039595c1436d343352f8d.pdf", "format": "PDF", "url": "https://crsreports.congress.gov/product/pdf/R/R43155/21", "sha1": "a1685daff49c31b9e84039595c1436d343352f8d" }, { "format": "HTML", "filename": "files/2021-12-10_R43155_a1685daff49c31b9e84039595c1436d343352f8d.html" } ], "date": "2021-12-10", "summary": null, "source": "CRSReports.Congress.gov", "typeId": "R", "active": true, "sourceLink": "https://crsreports.congress.gov/product/details?prodcode=R43155", "type": "CRS Report" }, { "source_dir": "crsreports.congress.gov", "title": "Small Business Administration Trade and Export Promotion Programs", "retrieved": "2022-06-30T04:03:38.349365", "id": "R43155_19_2021-09-29", "formats": [ { "filename": "files/2021-09-29_R43155_c9aaf9efda91b1dbf796deb388d88fe0848ac254.pdf", "format": "PDF", "url": "https://crsreports.congress.gov/product/pdf/R/R43155/19", "sha1": "c9aaf9efda91b1dbf796deb388d88fe0848ac254" }, { "format": "HTML", "filename": "files/2021-09-29_R43155_c9aaf9efda91b1dbf796deb388d88fe0848ac254.html" } ], "date": "2021-09-29", "summary": null, "source": "CRSReports.Congress.gov", "typeId": "R", "active": true, "sourceLink": "https://crsreports.congress.gov/product/details?prodcode=R43155", "type": "CRS Report" }, { "source": "EveryCRSReport.com", "id": 587535, "date": "2016-11-28", "retrieved": "2020-01-02T15:04:22.231104", "title": "Small Business Administration Trade and Export Promotion Programs", "summary": "According to Census Bureau data, approximately 1% of small businesses in the United States currently export. With roughly three-quarters of world purchasing power and almost 95% of world consumers living outside U.S. borders, more attention is being paid to the potential of small business export promotion programs to grow small businesses and contribute to national economic output. In addition, some Members of Congress believe the contributions of small businesses to commercial innovation and economic opportunities for firms and workers could be enhanced through greater access to growing international markets.\nConsistent with these policy goals, the Small Business Administration (SBA) provides export promotion and financing services to small businesses through its loan guaranty programs, management and training programs, and other initiatives. SBA\u2019s Office of International Trade (OIT) coordinates these activities as it assists with four stages of export promotion: (1) identifying small businesses interested in export promotion; (2) preparing small businesses to export; (3) connecting small businesses to export opportunities; and (4) supporting small businesses once they find export opportunities.\nThe Small Business Jobs Act of 2010 (P.L. 111-240) elevated trade within SBA by establishing an assistant administrator to lead OIT and report directly to the SBA administrator. The act also first authorized the precursor to what is now known as the \u201cState Trade Expansion Program\u201d (STEP), which provides grants to states and territories to assist small businesses based on a trade promotion plan developed by the applicant state. The STEP program was appropriated $18.0 million for FY2016.\nIn FY2016, SBA\u2019s export-related loans amounted to approximately $1.5 billion (approximately 5.0% of the value of SBA\u2019s annual loan portfolio). Although SBA has three loan programs that are specifically targeted toward exporters, most of SBA\u2019s lending support for export-related activities occurred through its broader loan programs. Surveys indicate that relatively few clients of SBA\u2019s management and training programs request trade-related counseling.\nThis report begins with the history, role, and scope of SBA\u2019s export promotion activities and the creation of OIT. Next, it uses quantitative and qualitative data from SBA to provide performance analysis of SBA\u2019s international programs. This report concludes with a discussion of three policy issues for Congress.\nFirst, export promotion programs could have a policy rationale if barriers to entry are indicative of a market failure to efficiently allocate investment toward small exporters (e.g., because of disproportionately high costs to comply with trading regulations or insufficient information about the net benefits of trade). Many of these conditions, though, could be due to higher risk profiles for small exporters instead of a market failure. \nSecond, export promotion is sometimes viewed as important to U.S. trade \u201ccompetitiveness,\u201d by boosting U.S. exports in sectors that are cutting-edge, or have become displaced by lower-cost producers overseas. Some critique this theory by arguing that these policies are economically inefficient, if they distort capital from flowing to activities with the highest economic return. \nThird, the range of federal export promotion programs has led to administrative challenges among some small-business clients and potentially led to the duplication of services using taxpayer money. The Trade Facilitation and Trade Enforcement Act of 2015 (P.L. 114-125) enacted reforms intended to address some of these concerns. The 115th Congress might consider progress made toward these reforms as part of its small business policy agenda.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "https://www.crs.gov/Reports/R43155", "sha1": "1b47260a71968d62ca40c6078934e8ff98cb6f35", "filename": "files/20161128_R43155_1b47260a71968d62ca40c6078934e8ff98cb6f35.html", "images": {} }, { "format": "PDF", "encoding": null, "url": "https://www.crs.gov/Reports/pdf/R43155", "sha1": "8a2bf425443d04462ee5ace9aa56460f081643c2", "filename": "files/20161128_R43155_8a2bf425443d04462ee5ace9aa56460f081643c2.pdf", "images": {} } ], "topics": [ { "source": "IBCList", "id": 4763, "name": "Export Policy" }, { "source": "IBCList", "id": 4832, "name": "Small Business" } ] }, { "source": "EveryCRSReport.com", "id": 437883, "date": "2015-02-03", "retrieved": "2016-04-06T19:33:28.890658", "title": "Small Business Administration Trade and Export Promotion Programs", "summary": "According to Census Bureau data, approximately 1% of small businesses in the United States currently export. With roughly three-quarters of world purchasing power and almost 95% of world consumers living outside U.S. borders, more attention is being paid to the potential of small business export promotion programs to grow small businesses and contribute to the national economic recovery. In addition, some Members of Congress believe the contributions of small businesses to commercial innovation and economic growth could be enhanced through greater access to growing international markets.\nConsistent with these policy goals, the Small Business Administration (SBA) provides export promotion and financing services to small businesses through its loan guaranty programs, management and training programs, and other initiatives. SBA\u2019s Office of International Trade (OIT) coordinates these activities as it assists with four stages of export promotion: (1) identifying small businesses interested in export promotion; (2) preparing small businesses to export; (3) connecting small businesses to export opportunities; and (4) supporting small businesses once they find export opportunities.\nThe Small Business Jobs Act of 2010 (P.L. 111-240) elevated trade within SBA by establishing an assistant administrator to lead OIT and report directly to the SBA administrator. The act also authorized SBA to establish a three-year State Trade and Export Promotion (STEP) pilot grant initiative. Under the STEP initiative, which was appropriated $30 million both in FY2011 and FY2012, SBA awarded grants to states with the goal of assisting eligible \u201csmall business concerns\u201d with exporting. The STEP program\u2019s authorization expired at the end of FY2013, but Congress appropriated $8 million for STEP in FY2014 and $17.4 million for FY2015.\nSBA\u2019s export-related loans amounted to approximately $1.3 billion (comprising approximately 5.7% of SBA\u2019s annual loan portfolio) in FY2014. Although SBA has three loan programs that are specifically targeted toward exporters, many of SBA\u2019s broader loan programs support export-related activities. Surveys indicate that relatively few clients of SBA\u2019s management and training programs request trade-related counseling and that some choose to receive this information from other federal programs (such as those provided by the Department of Commerce).\nThis report begins with the history, role, and scope of SBA\u2019s export promotion activities and the creation of OIT. Next, it uses quantitative data from SBA and qualitative data from other sources to provide performance analysis of SBA\u2019s international programs.\nThis report concludes with a presentation of three issues for consideration during an era in which concerns of fiscal responsibility and economic recovery are high priorities for many policy makers. First, are there market barriers impeding smaller firms from exporting? Second, is there a compelling interest for the government to promote exports in the name of national \u201ccompetitiveness\u201d? Third, are SBA\u2019s export promotion policies duplicative of other federal programs? In the 113th Congress, several bills were introduced to improve efficiencies among small business export promotion programs (e.g., H.R. 1909, H.R. 1926, H.R. 1916, and S. 1179).", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R43155", "sha1": "498504924f29bf60c4479f5712e347ed396ce4d9", "filename": "files/20150203_R43155_498504924f29bf60c4479f5712e347ed396ce4d9.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R43155", "sha1": "f6f220c1ccca826ddeb2fddc52f4008a6f49a0d0", "filename": "files/20150203_R43155_f6f220c1ccca826ddeb2fddc52f4008a6f49a0d0.pdf", "images": null } ], "topics": [ { "source": "IBCList", "id": 2211, "name": "Export Policy" }, { "source": "IBCList", "id": 2636, "name": "Small Business Policy" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc333003/", "id": "R43155_2014Apr02", "date": "2014-04-02", "retrieved": "2014-08-27T12:47:05", "title": "Small Business Administration Trade and Export Promotion Programs", "summary": "This report begins with the history, role, and scope of SBA's export promotion activities, and the creation of OIT. Next, quantitative data from SBA and qualitative data from other sources are used to provide performance analysis of SBA's international programs. This report concludes with a presentation of three issues for consideration during an era where concerns of fiscal responsibility and economic recovery are high priorities for many policy makers.", "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20140402_R43155_a75bfe44e3835da4520f08fa15d6b7ada15c8ac0.pdf" }, { "format": "HTML", "filename": "files/20140402_R43155_a75bfe44e3835da4520f08fa15d6b7ada15c8ac0.html" } ], "topics": [ { "source": "LIV", "id": "Business", "name": "Business" }, { "source": "LIV", "id": "Small business", "name": "Small business" }, { "source": "LIV", "id": "Government and business", "name": "Government and business" }, { "source": "LIV", "id": "Federal aid programs", "name": "Federal aid programs" } ] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc807847/", "id": "R43155_2014Jan22", "date": "2014-01-22", "retrieved": "2016-03-19T13:57:26", "title": "Small Business Administration Trade and Export Promotion Programs", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20140122_R43155_0cb3ba04af6c45223e053d47f0edc56ef00d371d.pdf" }, { "format": "HTML", "filename": "files/20140122_R43155_0cb3ba04af6c45223e053d47f0edc56ef00d371d.html" } ], "topics": [] } ], "topics": [ "American Law", "Economic Policy", "Foreign Affairs", "National Defense" ] }