SMBA

 

FOREIGN TRADE ZONE

 
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Effective Date:  September 1, 2009
 
Small Manufacturing Business Accelerator (SMBA) Project
The SMBA is a project that helps small manufacturing companies expand their markets or compete on a global basis through the use of El Paso’s Foreign-Trade Zone.  The objective of this project is to act as a catalyst for development of business by reducing the start up cost and accelerating the approval process for a small manufacturing business to set up in FTZ No. 68.
 
Start-up Incentives:
  • A business selected for this project would be permitted to activate a FTZ facility for a period of one year without any Grantee/Operator transaction fees being charged to the business.
  • Receive start up support from FTZ No. 68 Grantee/Operator, and
  • FTZ Operations Training fees waived for up to four (4) key employees during initial year.
 
Selection criteria:
  • An application must be submitted to the City’s FTZ Manager for review and approval.  If the business is selected for the SMBA, it will sign an agreement with the City Manager or its designated representative.
  • The business must have less than 500 and be legally established in the U.S.
  • The business must conduct manufacturing as defined under U.S. Customs regulations.
  • The business must go through a manufacturing approval process through the U.S. Foreign Trade Zones Board, and will be responsible for paying any consultant and FTZ Board fees necessary to obtain manufacturing approval in Foreign-Trade Zone.

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