WASHINGTON – The new Chairman of the President’s Council on Jobs and Competitiveness, Jeffery Immelt, should place high priority on helping small businesses in the United States sell more goods and services overseas. The Senate Committee on Small Business and Entrepreneurship Chair, U.S. Senator Mary Landrieu, D-La., and its Ranking Member, Senator Olympia Snowe, R-Maine, sent Immelt a letter today, congratulating him on his appointment and encouraging the Council to pursue Committee goals on trade and export.
“Increasing small business exports is one area that can foster innovation, strengthen competitiveness and create jobs,” Senators Landrieu and Snowe said in the letter. “More than two-thirds of our small exporters reported higher staffing levels due to their export-derived business – jobs which pay on average as much as 18 percent more than jobs created domestically. This data proves that while exporting can be challenging for small businesses, they – and our nation – can prosper from it.”
In the 112th Congress, the Senate Small Business and Entrepreneurship Committee will continue to pursue bipartisan policies and legislation aimed to expand upon the many accomplishments in the Small Business Jobs Act of 2010 (P.L. 111-240). To build on this platform, Senators Landrieu and Snowe made a series of recommendations to Chairman Immelt including:
• Conducting aggressive outreach to the small business community to educate, raise awareness of and market exporting as a business development opportunity;
• Removing or easing regulatory burdens associated with the exporting process;
• Modernizing, streamlining and updating existing federal export promotion programs that help small businesses export, and improving coordination amongst the agencies most involved in promoting exporting by small businesses;
• Better incorporating state and local governments as well as non-profit entities
and key private sector partners into new federal export promotion initiatives, and;
• Expanding small business representation on key advisory panels and offices to ensure the needs and concerns of small businesses are incorporated into any new export or trade policies from the Administration.
To see a copy of the letter, click here.