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      4. Resources For Native American Owned Businesses

      Resources for Native American Owned Businesses

      Event Promo Photo For Resources for Native American Owned Businesses

      January 14, 2021 • 10:00 AM - 11:30 AM

      DCEO »

      Time: 10:00 AM - 11:30 AM

      • Discussion includes: Native American Chamber of Commerce Resources, DCEO Resources, PTACs and the Certification Process, Small Business Administration Funding Opportunities, Buy Indian Act and other procurement resources for Native American-owned businesses. Co-hosted by: DCEO's Office of Minority Economic Empowerment, Illinois Procurement Technical Assistance Center (PTAC), Native American Chamber of Commerce of Illinois, and the National Center American Indian PTAC. These Procurement Technical Assistance Centers are funded in part through a cooperative agreement with the Defense Logistics Agency.  

      Register Now: Click here to register 

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      Value Added

      Foreign Trade Zone Benefits

      Value added to merchandise in an FTZ subzone/site is not dutiable. Customs duties are not owed on labor, overhead and profit attributed to production operations in the FTZ. LEARN MORE

      No need for customs clearance

      Foreign Trade Zone Benefits

      There is no need to hold product for customs clearance. This often results in a one to three day reduction in the supply chain which benefits not only manufacturers and other end users, but 3PL (third party logistics) providers. LEARN MORE

      Customs duties

      Foreign Trade Zone Benefits

      Customs duties are paid only when foreign merchandise is shipped into US Customs territory. Therefore, standing inventory is held in the FTZ subzone/site without duty, often resulting in large savings, particularly during the first year. LEARN MORE

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