Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Devishobha Chandramouli

Tiny specks form a massive ocean. The adage couldn’t be better represented than the scenario in the small and medium business sector today. In 2016, nearly 98 percent of all importers in the U.S. were small and medium-sized companies with fewer than 500 employees, and the percentage of exporters was only marginally lower at 97 percent, according to the Small Business and Entrepreneurship Council. An estimated $556.2 billion in goods were traded with 15 foreign countries by early 2016, with about 96 percent of the SME consumers living outside the U.S.