Small Business Finance News

Landrieu Presses SBA To Fill Trade Post

Written by Jenna Weiner
Published: 6/28/2011

An important trade post needs to be filled in order to achieve export goals, says Senator Landrieu.

A day after requesting more data regarding the effectiveness of Small Business Jobs Act of 2010 programs, Democratic Senator Mary Landrieu of Louisiana sent a letter on June 28 to the Small Business Administration, urging it to quickly fill a key appointment.

Senator Mary Landrieu

Having received the 2011 National Export Strategy, Landrieu, Chair of the Senate Committee on Small Business and Entrepreneurship, expressed her concern that a permanent Associate Administrator has not been named to head the Office of International Trade.

In her letter to the SBA, Landrieu expressed her support of the overall export strategy. In good news for entrepreneurs, the strategy includes small business-related programs aimed to help achieve the overall goal of doubling exports by 2015 while creating 2 million new jobs. However, Landrieu said these programs cannot be implemented efficiently and effectively without a permanent leader in the Office of International Trade.

Among the initiatives designed to foster more small business exports is the Export-Import Bank's Global Access for Small Business program, which as of June 23 has already served 1,000 customers.

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