Last Wednesday, Gov.Cuomo announced the launch of the Global NY Fund Tour, informational sessions being held throughout the state by Empire state Development “to inform small- and medium-sized businesses and non-profits about new resources available to support international export efforts.”
Gov. Cuomo said:
“This program makes it easier for businesses across the state to find new opportunities to grow in markets around the globe – which helps them thrive and create jobs here at home. I’m proud that our administration is helping New York’s private sector compete beyond our borders, and I look forward to seeing more of our state’s businesses succeed on the international stage.”
Empire State Development offers loans of up to $500,000 to enable companies to purchase equipment and inventory to deliver on export-related contracts and provide working capital to support foreign accounts receivable, as well as grants of up to $25,000 to help companies start exporting or increase their global exports.