EXPORT ASSISTANCE

Export Offices- To help Illinois businesses gain entry to world markets, the State maintains a full-time staff in Chicago and foreign trade offices in Brussels, Hong Kong, Tokyo, Mexico City, Budapest and Warsaw.

Trade Shows.
Trade Missions.
Counseling.
Buyer Assistance.
Eligibility.

Illinois Export Finance Partnership Program- The Illinois Export Finance Partnership is a joint effort between the Illinois Department of Commerce and Community Affairs (DCCA) and the Illinois Development Finance Authority (IDFA) to help small and medium-sized Illinois exporters gain access to working capital loans.

Eximbank.
Working Capital Loan Guarantee.
Use of Funds.
U.S. Content.
Eligibility.
Operating History.
Fees.

Foreign Trade Zones- The Federal Government establishes Foreign Trade Zones. Warehousing and manufacturing businesses that import goods can locate within these zones.

"Port". A Free Trade Zone is a "port" designated by the government for duty-free entry of goods which may be stored, displayed, or used for manufacturing within the zone and re-exported without paying duties....

Lower Duties.

Example: Ford Motor Company's Torrence Avenue auto assembly plant in Chicago was designated a sub-zone of Lake Calumet's Foreign Trade Zone....

210 U.S. Zones. There are now 210 approved foreign-trade zones in U.S. port communities plus 295 associated sub-zones. More than 2600 firms use foreign-trade zones each year. (see list of foreign-trade zones in Illinois)

High Impact Businesses- The State can designate qualified businesses as "High Impact Businesses;" that is, companies that will have a high impact on bringing jobs to an area. A High Impact Business is eligible for an investment tax credit, an exemption from the state utility tax, and a state sales tax exemption on manufacturing repair and equipment repairs and replacement parts.

Eligibility.

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