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Community Economic Development and Finance > Export/Trade Development
Export/Trade Development
Programs that enable firms to expand their market area and possibly extend the life cycle of products or services that have exhausted their existing markets by helping them explore, develop and implement an export marketing plan. Exporting can contribute to a firm's sales volume and create new jobs for the local economy. Services may include information about the export process, potential opportunities (such as agents and distributors), patent, copyright, and intellectual property right regulations, technical assistance and financing programs, and country-specific information related to exporting. Businesses become aware of exporting in general, determine whether to make an initial investment, identify marketing opportunities and assess competitive challenges.