This month on the Project Blog:
- April 10 - SBA and Visa Partner for Exporting Video Contest
- April 5 - President Obama Promotes 'Rebuild America Partnership'
- April 3 - Forbes Sees Michigan as 'Next Great Shipping Hub'
SBA and Visa Partner for Exporting Video Contest
The U.S. Small Business Administration (SBA) is partnering with Visa to give away $30,000 in prizes for the 2013 Exporting video contest that aims to inform small businesses about the advantages of exporting and increase awareness of government assistance available to support small business exporters.
In order to be considered, the video must outline important lessons learned while exporting, the process of deciding to become an exporter and advice for other small businesses considering exporting.
First prize in the contest will win $10,000. A total of $30,000 worth of prizes will be awarded to the top-five submissions in the contest. Videos can be up to three minutes in length and submissions are due on April 22at Challenge.Gov.
More information on the contest can be found in the video below.
President Obama Promotes 'Rebuild America Partnership'
President Obama promoted his “Rebuild America Partnership” at PortMiami last week to rebuild America’s infrastructure based on merit, need, and private sector partnerships. The port is building a $1 billion tunnel to connect the port with the mainland to facilitate movement of goods and vehicular traffic and avoid downtown surface routes. The partnership’s three components include: 1) creation of a $10 billion national infrastructure bank, 2) establishment of new “America Fast Forward Bonds” for infrastructure investment, and 3) expanded funding for the TIGER and TIFFIA infrastructure programs.
Forbes Sees Michigan as 'Next Great Shipping Hub'
Michigan is taking steps to position itself as an emerging shipping hub through the efforts of local economic development agencies and statewide nonprofits, according to a Forbes.com article by Natalie Burg.
The Blue Water Bridge connecting Sarnia-Port Huron and the Ambassador Bridge at Windsor-Detroit are two of the busiest border crossings between the U.S. and Canada. And each crossing possesses a direct connection to the Atlantic port of Halifax in eastern Canada via the Canadian National Railway. These rail connections to Atlantic shipping can help Michigan companies take advantage of game-changing global market opportunities.
“It’s a value proposition for businesses,” he said. “If you go through Chicago, your freight will be delayed five days. In Michigan, it would take one day.”
The I-69 International Trade Corridor (that includes St. Clair, Lapeer, Genesee, and Shiawassee Counties) is one of five recently-formed Next Michigan Development Corporations and focuses on planning regional economic development with an emphasis on cargo transport.
Read the entire Forbes report by clicking here.
For more information on the potential growth of Michigan logistics and export opportunities, read "Accelerating Bi-National Regional Economic Development in Michigan/Ontario" published by the MSU Center for Community and Economic Development.