Google, Facebook, eBay and Pitney Bowes are collaborating with branches of the federal government to launch the Getting to Global Initiative (GtG), which aims to provide U.S. businesses with resources to grow their exports to overseas markets.
The public/private partnership will incorporate digital tools from the four participating technology companies, along with data, services and expertise from the U.S. Small Business Administration (SBA) and the U.S. Postal Service (USPS).
Specifically, the GtG partnership is designed to help U.S. businesses localize resources in overseas markets and provide insights on consumer expectations, payment models, currency exchange, fulfillment strategies and compliance and regulatory issues.
“Foreign markets hold exponential opportunities for America’s businesses,” said Steve Chabot, Chairman of the House Committee on Small Business in a statement. “Many though find exporting to be out of reach. I am excited to see the Small Business Administration partner with private industries in an effort to tear down some of the barriers businesses face. Getting to Global is a prime example of that. I believe this relationship will help deliver government resources to businesses quickly — and effectively — by leveraging the innovation of the private sector.”
- EBay Sells $1.1B Flipkart Stake In Wake Of Walmart Deal, Relaunches India Business
- Canadian Tire Expands International Presence With Helly Hansen Purchase
- Walmart Beats Amazon To $16 Billion Flipkart Deal, Brings E-Commerce Battle To India
- BorderX Lab Raises $20M To Expand Shopping App Beyond China
- Alibaba Boosts Revenue 60% In FY2018, Grows User Base