First-time Local Exporters Garner $6M In Sales
By 250 News
From zero to $6-million dollars in a year...
Not bad for the first year of a program aimed at helping small companies in the region find international markets. The program is a partnership involving Export North (a division of Initiatives Prince George), the Community Futures Development Corporation and the federal government.
Spokesperson Gerry Offet says 2006 was quite a kick-off. "We had proven success with 20 client firms having no export activity, now showing over $6-million dollars in sales."
Offet says some of the firms are still very small, and he says to make the leap from no export sales to several million dollars is a worthy accomplishment.
He says the businesses involved included consulting firms, companies that sell milling equipment and those that provide various kinds of services to the forest industry. "Primarily, we’re capitalizing on our knowledge base."
As for the potential for growth, Offet says there is significant opportunity. He says, "The challenge is working with companies so that they can understand their own capabilities and encouraging them to take the risks that are inherent in getting into new markets - they’re a long time in coming."
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Without any specifics you are left guessing as to what was actually accomplished. $5 Million could have come from one company and the balance $1 Million could have been spread between the other 19. In other words $50,000.00 each.