The Provident Bank Announces Partnership to Promote Export Expansion Across New England
New England Council member The Provident Bank recently announced a partnership to promote exports across New England.
The Provident Bank is partnering with the U.S. Department of Commerce, The Granite State District Export Council, the Massachusetts Export Center, and other state partners on the New England Export Expansion Fund. The Fund allows The Provident to offset the costs of the U.S. Department of Commerce’s programs for companies looking to explore international trade. The program, launched in 2013 in New Hampshire, has been used by over 50 companies. It is now being expanded to include companies in Massachusetts, Vermont, and Maine.
“The goal of our partnership is to help companies grow their exporting endeavors and support jobs in the region as a result of these sales. Most of the world’s consumers are outside the United States and many businesses may not be aware that by concentrating on just markets in the U.S., they are only tapping into approximately 5% of the Global market,” stated The Provident Bank’s CEO, Dave Mansfield. “There is so much opportunity out there, and that’s why The Provident is passionate about its partnership with the Export Expansion Fund. It can open up a world of growth to the amazing businesses we have in New England.”
The New England Council thanks The Provident Bank for working to assist businesses looking to access international markets. Read more in the press release and in The Union Leader.
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