The University of Toledo’s College of Business and Innovation (COBI) is again partnering with United Parcel Service (UPS) and the U.S. Commercial Service to provide area small and medium-sized businesses access to experts who will help their company enter new markets through the Export Success program.
Beginning in April, 2016, Export Success participants meet monthly for nine months in specialized sessions covering relevant topics based on an understanding of current members’ needs. The program then helps companies develop plans to improve their business’ supply chain, identify talent, understand export financing, and develop market entry strategies.
“Businesses today function on an international platform,” noted COBI Dean Gary Insch. “Facilitating existing or new exporters to enter foreign markets benefits all of Northwest Ohio.”
“Companies often recognize that expanding to international markets is something they should do. We make it easier for them to do this, because we have the experts who will show them how to proceed. Furthermore, we provide them with all the criteria for success, whether they have a manufactured product or intellectual property.”
“Export Success not only assists companies that are planning to conduct international business, but it also works with businesses already doing business globally who are looking for ways to expand their international presence, ” noted Debbe Skutch, Director of UT’s Center for Family & Privately-Held Business and Export Success Program Coordinator. “Furthermore, Export Success not only provides information, but actually matches local manufacturing companies with foreign markets."
Chad Gottschalk, Bionix Development Corporation, said “Export Success provided a great learning experience and fantastic networking opportunities for myself and other members within our organization. It is always great to be a part of something where different members of a community bring collective thinking to the table. Every session provided a wealth of knowledge that helped me bring new ideas back to the office and apply them to my day-to-day activities.”
Export Success participants also have access to the International Trade Assistance Center (ITAC), which provides free export assistance services to small- and medium-sized businesses. Services include market research; an examination of their culture, finances and resources to make sure they are ready to export; locating sources of funding, such as a loan or grant; export compliance education; cultural and language assistance; export documentation; and logistics.
Other features and benefits of Export Success include access to ancillary educational programs offered by UT COBI - - such as the Schmidt School of Professional Sales and the Center for Family and Privately-Held Business - - and site visits to area companies that have already achieved a level of success in global entrepreneurship.
A limited number of grant and funding opportunities are available. For more information, you can download a registration form at utoledo.edu/business/exportsuccess, or call the UT COBI Center for Family and Privately-Held Business at 419.530.2068.