International Business Development
Expanding Business and Trade in a Global Marketplace
State University of New York
10 North Pearl Street
Albany, NY 12246 USA
Phone: (518) 944-2857
Fax: (518) 320-1593
The New York SBDC's International Business Development (IBD) program has strategically positioned small- and medium-sized businesses to take maximum advantage of business and trade opportunities in the global marketplace.
The IBD has nurtured major contacts and resources to create an unparalleled network within government and business circles in China at the local, regional and national levels. IBD has developed partnerships that reduce the level of risk associated with business and trade, and assisted export and business expansion to the emerging Chinese marketplace. Direct assistance helps New York's small- and medium-sized businesses navigate a course to profitability and maximize trade and business opportunities in the global marketplace.
The IBD has provided assistance to hundreds of businesses on issues of international trade, co-production, wholly-owned ventures, joint ventures, outsourcing projects, market identification and feasibility, financial issues, customs, regulations, taxes, tariffs, trade shows, etc. The IBD office, together with New York SBDC Regional Centers, has organized training sessions, meetings, and seminars that focus on business information, opportunities, challenges, and practices involved in international business and trade. A great number of SBDC clients have benefited from participating in these activities through interactive presentations, case studies, discussions that provide practical assistance on entering or expanding the business practice and operations in a foreign country.
Over many years, the IBD has successfully organized a great number of business delegations and trade missions and coordinated the activities of the visiting business delegations from foreign countries. Among the delegation members have been business leaders, sales representatives, technicians, engineers, lawyers, SBDC staff, and government officials.
In 2009 the New York State SBDC opened an office in Beijing, China. The focus of the SBDC Beijing Office is to provide assistance to businesses entering and expanding trade and business initiatives in the Chinese market.
International Business Development serves its clients through:
- International business investment and trade project cooperation with foreign countries
- Export information, opportunities, and evaluation and selection of market
- Wholly-owned investment, joint venture, outsourcing, co-production, export processing
- Identification of manufacturers, suppliers, distributors, and representatives/agents
- Updates and advice on relevant government policies, regulations, rules, taxes, etc.
- Training on international business/trade practice, business networks, culture and custom
- Organizing business/trade and government missions to foreign countries and coordinating business activities
- Inviting and receiving foreign business/government delegations and coordinating their business activities and official events
Find out how the SBA Office of International Trade helps small businesses take advantage of international markets.