Indiana University’s Center for International Business Education and Research (IU CIBER) supports programs to help provide a competitive playing field for local small- and medium-sized enterprises (SMEs)* interested in international business.
*Small Business Administration defines SMEs as businesses with less than 500 employees.
This program enables SMEs to leverage interns from colleges in Indiana to explore international expansion and to simultaneously recruit for future full-time positions.
In collaboration with the Indiana Commission for Higher Education and its Employment Aid Readiness Network (EARN) work-study program, qualified SMEs may receive up to 50% (or $3,000) of interns’ wages from IU CIBER and up to another 50% from EARN Indiana.
All internships are required to have an international business work component (no more than 25% of an intern's work can be administrative or clerical).
This grant was established to enable SMEs to participate in impactful international experiences as the organizations prepares to expand into global markets. Applications are accepted on a rolling basis, with grants allocated as funds become available. Maximum funding available is $4,000. Funds can be used to support registration or booth costs and travel for participation in an international trade mission, trade show, or similar international opportunities.
IU CIBER is proud to partner in the Indiana Small Business Development Center’s Export Indiana Accelerator program (EIAP). This 12-week, no-cost summer program offers Hoosier small businesses professional export guidance and leading research resources to create an executable, proactive export business plan.
Participation is by application. Visit isbdc.org/exportindiana/ to learn more and to be added to the EIAP mailing list.
The Indiana Manufacturing Export Student Projects initiative is a multi-university collaboration between IU CIBER, Kelley School of Business Center for Excellence in Manufacturing, and Purdue University’s Manufacturing Extension Partnership. The collaboration pairs small and medium-sized Indiana manufacturers with Kelley MBA and undergraduate business students to develop export plans. During a three-month structured process, manufacturers create an executable, proactive export strategy for a product that they are interested in selling to a global market, a foreign region, or a foreign nation. To learn more contact jmcmurry@purdue.edu.
Tanja Ode, Periodic Our CIBER intern was instrumental in helping us win an expansion for an existing client in Europe. The client is set to increase revenue for that account by more than 400%. This will be a significant increase for Periodic as a whole, as well.
