Exports and Iowa’s economy go hand in hand. With the state’s international trade relationships supporting nearly 430,000 in-state jobs, Iowa boasts strong rankings for its global presence. Iowa has the fourth best trade balance in the country and 10th in terms of export growth – the state has become a true competitor in U.S. outputs.
CIVCO Medical Solutions is one Iowa company leading the way. From humble beginnings in Kalona, CIVCO has since grown to become a supplier of choice in the global medical industry, offering high-tech medical devices and accessories. The company has expanded worldwide and now exports more than 3,000 products to some 80 countries. With more than 30 years of experience in the industry, CIVCO has also been the recipient of many honors. Most recently, the company was awarded the Iowa Global Excellence in Exporting Award from Northwest Iowa Development Partners for its strong international and export presence.
However, before CIVCO was able to grow on a global scale, the company first relied on the Iowa Economic Development Authority’s Export Trade Assistance Program to build momentum internationally. Through this program, eligible Iowa companies may be reimbursed for up to 75 percent of defined international marketing expenditures in a qualifying trade show or trade mission held outside the United States. Similarly, the Domestic Trade Assistance Program may reimburse eligible Iowa companies for up to 75 percent of defined international marketing expenditures in a qualifying trade show held in the United States.
Attending international trade shows gives Iowa companies the ability to form and grow relationships overseas that are needed to strengthen and cultivate international business. While these trips and investments can be costly, the state’s programs make it easier and more cost effective for companies to pursue; allowing them to open doors and further business worldwide.
Along with a strong business environment, Iowa can also add strong international relations to its impressive resume. The state is committed to helping its businesses achieve international success and as proven by CIVCO, Iowa companies are now competing front and center on the global stage.