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Senator LeMieux Discusses New Export Promotion Assistance Initiatives

Press Release

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Location: Miami, FL

Millennium Health Products

U.S. Senator George LeMieux (R-FL) today spoke during a visit to the Miami International Airport regarding new small business and export promotion assistance initiatives. Senator LeMieux helped write provisions in the recently signed-into-law Small Business Lending Act that will increase the competitiveness of American exports abroad and make available needed capital for small businesses, allowing them to expand, hire more employees and buy new equipment.

"Innovation, commitment and drive are all elements that can help companies succeed," LeMieux said. "But the fact of the matter is many small businesses need access to capital to grow their business and implement their plans. This new law will help free up capital for community banks to loan to small businesses. In addition, this law will help American exporters by increasing and improving the promotion of U.S. Exports abroad. In Florida, we've seen the benefits of a vibrant export market and we should continue to invest in this market."

LeMieux discussed these new small business provisions as part of a Miami-Dade tour, including a visit to Hialeah's Pavilion Furniture and the presentation of a U.S. Commercial Service Certificate to Millennium Natural Health Products in Doral.

"It was a pleasure to present Millennium Natural Health products with a U.S. Commercial Service Exporter Award," LeMieux said. "Millennium is the perfect example of a family fulfilling the American Dream. The owners started out of their home and now this company has grown to employ more than 30 people and they export to countries across Latin America. I hope with the new export assistance measures, more Florida businesses will see similar growth and success."

Background: The small business lending law will provide $12 billion in tax cuts for small businesses, and $30 billion to community banks to loan to small businesses. It also increases the activities and staffing of the Department of Commerce in carrying out its mission to promote U.S. exports, and increases the export grant funds available to industry associations and non-profit institutions.


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