UTSA Institute for Economic Development offers global business training

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(Oct. 1, 2013) -- As part of the Minority Business Development Agency (MBDA) annual conference, T he University of Texas at San Antonio (UTSA) Institute for Economic Development (IED) provided a three-day training last week preparing MBDA staff to take the NASBITE Certified Global Business Professional (CGBP) test.

The CGBP is an internationally recognized certification for professionals in the United States and Mexico that allows professionals to demonstrate their knowledge in international trade and assures that certified participants are able to practice global business at the professional level required in today's competitive environment. Currently, there are more than 550 Certified Global Business Professionals in the United States and abroad. CGBP training is divided into five modules that help prepare participants to sit for the CGBP exam.

According to MBDA National Director David Hinson, the CGBP training is critical in supporting MBDA clients as they prepare to globalize their business model.

"With U.S. minority-owned businesses nearly twice as likely to export as non-minority owned businesses, and 95 percent of the world's consumers living outside the United States, the CGBP training provides MBDA staff the sophisticated skill set to conduct superior consulting to U.S. minority exporters and enhance economic opportunities for all Americans," Hinson said.

In an effort to further accommodate the growing global needs of minority-owned businesses, the Minority Business Development Agency tasked the Institute for Economic Development San Antonio MBDA Business Center with starting a pilot MBDA Global Business Center. In it s first year, the Global Business Center has been extremely successful, and funding has been extended for an additional year.

Global Business Center Project Manager David Leister said, "The tendency for tomorrow is further globalization and probably a significant steady increase in hemispheric trade. Minority-owned companies who gain export experience today will reap ever increasing market growth benefits tomorrow as trade and technology advance and cultural barriers become less formidable."

For more information on how the San Antonio MBDA Business Center can help your minority-owned business, visit the website or call 210-458-2480. Visit the Institute for Economic Development website or Twitter.

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About the UTSA Institute for Economic Development

The UTSA Institute for Economic Development is dedicated to creating jobs, growing businesses and fostering economic development. Its 12 centers and programs provide professional business advising, technical training, research and strategic planning for entrepreneurs, business owners and community leaders. The programs serve San Antonio and the Texas-Mexico border area as well as regional, national and international stakeholders. Together with federal, state and local governments, and private businesses, the institute fosters economic and community development in support of UTSA's community engagement mission.