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Event
Pravina Raghavan, District Director, US Small Business
Administration presented various programs of U.S. Small
Business Administration and how SBA was helping start or
grow a business and effectively compete in the market
place. SBA offered financing options for small business
loans, loans for land & building; venture capital
investing; export assistance and disaster assistance. She
highlighted expanding opportunities for entrepreneurs
and special programs for International Trade for small
business owners in underserved communities and how
SBA helps small businesses develop or expand their
L to R: Dr. (Mrs) Indu Shahani, R.K. Chopra, Gautam Mahajan,
and Dr. Sankaran P. Raghunathan.
export markets; provides loans that are targeted to small
businesses that are able to generate export sales and
need additional working capital to support these sales.
SBA offered term loans to businesses that plan to start or
continue exporting or that have been adversely affected
by competition from imports.
Final Session:
Dr. (Mrs) Indu Shahani, Sheriff of Mumbai gave an
impressive talk on 'Its Morning in India'. She said India
was one of the few countries which offered opportunities
for economic development not only for entrepreneur of
the US but also to the rest of the world.
In his concluding remarks S.K. Mitra thanked all the
participants, sponsors, supporting organizations,
session chair and speakers for their contribution. He
said, 'US has the overtones of the new mantra that is
gripping the world. At a macro level, while every
institution across the world is strategizing to leapfrog
into a dispensation that powers economic growth with
equitable justice, they felt India and the US should
showcase a role model that can define the contours of
the new economic architecture, which is evolving at a
pace faster than what we have imagined.'
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