The Indy Chamber recently awarded its first ever GoGlobal grants to three local firms looking to enter or grow their export services globally. Grant recipients include: Candy Dynamics, DIVSYS and Thomas Medical, who each received grants of $5,000.
The GoGlobal grants were established in partnership with JPMorgan Chase to recognize and support the efforts of local employers to begin or expand exporting activity. To earn the competitive grant, the companies shared specific, practical plans to increase international sales over the next year.
“International trade provides a pathway for local businesses to create jobs, attract capital and grow our economy,” said Al Smith, managing director and chairman of Chase in Indiana. “JPMorgan Chase is proud to support the GoGlobal export program and hopes our local businesses discover new international markets. Their success will have a significant impact on our region’s future vitality and economic success.”
The grant announcement was made at the Indy Chamber’s 2016 World Trade Day, an annual event highlighting the impact of global trade and investment in the Indianapolis region. Exports and foreign investment support more than 100,000 local jobs, with Indianapolis companies selling nearly $15 billion in goods and services outside the U.S. last year.
“Indy ranks 23rd out of the 100 largest metro areas in total exports, but the successful exporters in our community are far outnumbered by companies who aren’t taking advantage of global opportunities,” said Michael Huber, president and CEO of the Indy Chamber. “With the support of JPMorgan Chase, the GoGlobal grant program will help businesses explore new markets and find new customers around the world – and inspire others to follow suit.”
The GoGlobal Grant awards are part of the Indy Chamber’s Global Indy Initiative, which exists to encourage the Indy metro’s companies to engage in global opportunities through export support and facilitating foreign direct investment activity.
For more information about the GoGlobal Grant awards, visit IndyChamber.com/GoGlobalGrant.