International Trade Administration accepting applications for 2016 International Buyer Program Select
WASHINGTON, DC - The International Trade Administration is now accepting applications for the International Buyer Program (IBP) Select service for trade events taking place between January 1, 2016 thr
WASHINGTON, DC – The International Trade Administration is now accepting applications for the International Buyer Program (IBP) Select service for trade events taking place between January 1, 2016 through December 31, 2016.
The main difference between IBP and IBP Select is that IBP offers worldwide promotion, whereas IBP Select focuses on promotion and recruitment in up to five international markets. The deadline for applying to the International Buyer Program Select for 2016 events is Monday, June 22, 2015.
2016 U.S. trade events with 1,350 or fewer exhibitors are eligible to apply for IBP Select participation. First-time events will also be considered. To be considered for the 2016 IBP Select, applicants need to submit a completed application form via courier service (ie. FedEx, UPS) to the IBP office. Facsimile and email applications will be accepted as interim applications, and must be followed by signed original applications that are to be received no later than 5 business days after the application deadline. There is no fee to apply. However, a participation fee will be required if accepted into the program.
Should the applicant be accepted into the program, a signed Memorandum of Agreement (MOA) along with applicable program fee will be required within 30 days of the written notification of acceptance into the 2016 IBP Select. A sample MOA is provided through the link below for reference purposes only. The MOA outlines the terms of participation that accepted applicants must commit to if accepted into the program. The Federal Register Notice sets forth objectives, procedures and application review criteria associated with support for domestic trade shows by the IBP.
What is the IBP?
The International Buyer Program (IBP) is a joint government-industry effort that brings thousands of international buyers to the United States for business-to-business matchmaking with U.S. firms exhibiting at major industry trade shows. Every year, the IBP results in millions of dollars in new business for U.S. companies, and increased international attendance for participating U.S. trade show organizers.
What is ITA?
The International Trade Administration (ITA) strengthens the competitiveness of U.S. industry, promotes trade and investment, and ensures fair trade through the rigorous enforcement of our trade laws and agreements. ITA works to improve the global business environment and helps U.S. organizations compete at home and abroad. ITA supports President Obama’s recovery agenda and the National Export Initiative to sustain economic growth and support American jobs.
The IBP expects to issue the results of this process in August 2015.