{"id":65573,"date":"2024-08-20T16:33:44","date_gmt":"2024-08-20T21:33:44","guid":{"rendered":"https:\/\/www.kansascommerce.gov\/?p=65573"},"modified":"2024-12-02T10:00:35","modified_gmt":"2024-12-02T15:00:35","slug":"make-more-in-america-initiative-finance-program","status":"publish","type":"post","link":"https:\/\/www.kansascommerce.gov\/es\/2024\/08\/make-more-in-america-initiative-finance-program\/","title":{"rendered":"Programa de financiaci\u00f3n de la iniciativa Make More in America"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"371\" src=\"https:\/\/www.kansascommerce.gov\/wp-content\/uploads\/2024\/08\/logoseal-1-1024x371.jpg\" alt=\"\" class=\"wp-image-65575\" srcset=\"https:\/\/www.kansascommerce.gov\/wp-content\/uploads\/2024\/08\/logoseal-1-1024x371.jpg 1024w, https:\/\/www.kansascommerce.gov\/wp-content\/uploads\/2024\/08\/logoseal-1-300x109.jpg 300w, https:\/\/www.kansascommerce.gov\/wp-content\/uploads\/2024\/08\/logoseal-1-768x278.jpg 768w, https:\/\/www.kansascommerce.gov\/wp-content\/uploads\/2024\/08\/logoseal-1-1536x556.jpg 1536w, https:\/\/www.kansascommerce.gov\/wp-content\/uploads\/2024\/08\/logoseal-1-18x7.jpg 18w, https:\/\/www.kansascommerce.gov\/wp-content\/uploads\/2024\/08\/logoseal-1.jpg 1575w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.exim.gov\/about\">Export-Import (EXIM) Bank<\/a> of the United States is the federal agency that provides finance solutions to exporters as a way to support U.S. jobs.&nbsp; While EXIM is best known for offering <a href=\"https:\/\/www.exim.gov\/solutions\/export-credit-insurance\">export credit insurance<\/a>, it is also a lender. EXIM\u2019s <a href=\"https:\/\/www.exim.gov\/about\/special-initiatives\/make-more-in-america-initiative\">Make More in America Initiative<\/a> provides loans for the creation and expansion of U.S. manufacturing facilities that bolster the resiliency of U.S. supply chains as well as to certain types of supporting service providers. Kansas Department of Commerce is an EXIM Regional Export Promotion Program partner, and with our strong industrial base we want to make sure that Kansas manufacturers and related service providers know about this financing tool that can help companies access loans for up to $205,336 per job supported.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Make More in America Initiative is a tool for building U.S. exporting capacity and supporting American jobs by U.S.-flagged companies or by international companies with production facilities in the U.S. It is open to manufacturers in any industry, though manufacturers and projects that meet certain criteria are federally mandated priorities, e.g., small business manufacturers and environmentally beneficial projects. Service providers that support export manufacturing also can qualify.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Of particular importance are congressionally designated <a href=\"https:\/\/www.federalregister.gov\/documents\/2021\/04\/23\/2021-08418\/information-request-on-us-and-foreign-content-in-transformational-exports#:~:text=The%20congressionally%20defined%20transformational%20export%20areas%20are%3A%20Artificial,and%20energy%20storage.%20Semiconductor%20and%20semiconductor%20machinery%20manufacturing.\">transformational export area transactions<\/a>. These areas include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Artificial intelligence<\/li>\n\n\n\n<li>Biotechnology and biomedical sciences<\/li>\n\n\n\n<li>Semiconductor and semiconductor machinery manufacturing<\/li>\n\n\n\n<li>Renewable energy, energy efficiency and energy storage<\/li>\n\n\n\n<li>Quantum computing and high-performance computing<\/li>\n\n\n\n<li>Wireless communications equipment<\/li>\n\n\n\n<li>Water treatment and sanitation technologies and infrastructure<\/li>\n\n\n\n<li>Emerging financial technologies<\/li>\n\n\n\n<li>Associated services used by any of the above<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">To qualify, the project must meet a minimum \u201cexport nexus\u201d requirement. This is the percentage of production (measured in dollars or in units sold) intended for foreign markets. This can be through direct exports or indirect exports (i.e., by providing goods or services that go into exported goods or services by another company). The export nexus, however, does not need to be actualized at the beginning of the project. In other words, the loan recipient does not need to start exporting immediately. Rather, the export nexus can be achieved over the lifetime of the loan. This is important because it gives the company time to establish and smooth out its operations and develop its market entry. It would be helpful, though, for the company to have an international sales plan, letter of intent from a foreign buyer or prospective partner, contracts under negotiations or some similar indication of the intention and potential for export. To make the loans more easily accessible to prioritized manufacturers and projects (see above), the expected export output is 15% whereas for other projects and suppliers it is 25%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Due diligence, of course, is part of the application approval process. EXIM must have \u201creasonable reassurance of repayment\u201d as determined by company history, debt service capacity, and tangible net worth. Within reasonable reassurance of repayment, the amount of financing available is based on the number of U. S. jobs supported by the project from the start of construction through the end of the loan. For each \u201cjob year\u201d, each year that a job is supported by the project, up to $205,336 is available in financing. Depending on the project, loans are available in terms from three to twenty-two years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Through the Make More in America Initiative, EXIM is not competing with commercial lenders. The loans are structured as gap financing, i.e., they are intended to fill the gap between traditional commercial financing and the company\u2019s needs. This means that the borrower must work with a commercial lender in addition to working with EXIM. Financing for manufacturing facilities can be difficult to secure. What the EXIM loans do is increase the amount of financing available to qualifying companies over what might be available to them through commercial lenders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kansas has a number of strengths in manufacturing, including in sectors prioritized by the Make More in America Initiative. Companies that are interested in learning more about this initiative, other financing options, and incentives available through Kansas Department of Commerce should look at our <a href=\"https:\/\/www.kansascommerce.gov\/es\/businesses\/incentives\/\">sitio web<\/a> or contact us at <a href=\"mailto:laurie.pieper@ks.gov\">laurie.pieper@ks.gov<\/a>. Kansas companies are also invited to participate in our Preliminary Supply Chain Needs Assessment <a href=\"https:\/\/www.kansascommerce.gov\/es\/supply-chain-assessment-preliminary-survey\/\">Survey<\/a>. Kansas manufacturers may also be interested in applying to use the Made In Kansas trustmark to champion the quality of their products nationally and globally. To learn about the <a href=\"https:\/\/www.madeinkansas.com\/\">Programa Made in Kansas<\/a>, contact <a href=\"mailto:corrie.ann.campbell@ks.gov\">corrie.ann.campbell@ks.gov<\/a>. Our team at Commerce is here to support and grow Kansas companies, Kansas jobs, and the Kansas economy!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dra. Laurie Pieper, CGBP<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Subdirector de Recursos Mundiales<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Divisi\u00f3n Internacional, Departamento de Comercio de Kansas<\/p>","protected":false},"excerpt":{"rendered":"<p>El Banco de Exportaci\u00f3n e Importaci\u00f3n (EXIM) de Estados Unidos es la agencia federal que ofrece soluciones financieras a los exportadores como forma de apoyar el empleo en Estados Unidos.  Aunque el EXIM es m\u00e1s conocido por ofrecer seguros de cr\u00e9dito a la exportaci\u00f3n, ... <\/p>","protected":false},"author":138,"featured_media":65577,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_monsterinsights_skip_tracking":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[882],"tags":[],"class_list":["post-65573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-resources-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Make More in America Initiative Finance Program - Kansas Department of Commerce<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kansascommerce.gov\/es\/2024\/08\/make-more-in-america-initiative-finance-program\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Make More in America Initiative Finance Program - Kansas Department of Commerce\" \/>\n<meta property=\"og:description\" content=\"Export-Import (EXIM) Bank of the United States is the federal agency that provides finance solutions to exporters as a way to support U.S. jobs.&nbsp; 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