On October 11, Paul Disselkoen, PayPal Senior Associate for Government Relations, spoke on a panel hosted by the International Trade Administration (ITA) and Global Innovation Forum as part of their national Startup Global series. Startup Global is an initiative driven by ITA at the U.S. Department of Commerce that aims to inform and enable early-stage companies by providing tools and partnerships that help to foster growth and globalization.
The half-day event began with remarks from Maryland Secretary of State, Mike Gil, who stated the importance of small businesses to local and state economies. He talked about how Maryland is prioritizing small business growth and how incubators and accelerators are key in enabling that growth.
Following the opening remarks, three different panel discussions explored how entrepreneurs can engage in cross-border trade and the ways to navigate the traditional barriers that prevent small businesses from taking full advantage of the global marketplace. The first panel included entrepreneurs who have expanded internationally, relaying their experience first-hand, while the second focused on Intellectual Property and Patent laws, laying out best practices for entrepreneurs looking to trade.
Paul’s panel focused on the global opportunity for small businesses and resources entrepreneurs can access to expand globally. He shared how PayPal’s merchant products can enable greater trade and eliminate some of the barriers to small business globalization. Specifically, PayPal Working Capital, which provides much needed capital for small businesses to expand overseas, and the Global Sellers Program, which helps to translate and localize a small business’ website, are crucial tools for enabling entrepreneurial growth. Paul also mentioned some of the great market research and insights that PayPal has released to help small business owners navigate other markets.
The audience included more than 50 people ranging from small business owners to associations, academics and government officials.
PayPal is proud to be able to contribute to these discussions to empower small business growth and further demonstrate ourselves as thought leaders in navigating cross-border trade.