Iowa Administrative Code
Agency 261 - Economic Development Authority
Part IV - Business Development Division
Chapter 72 - Iowa Export Trade Assistance Program
Rule 261-72.2 - Definitions
"Authority" means the Iowa economic development authority.
"Exporter" means a person or business that sells one of the following outside of the United States:
* A manufactured product.
* A value-added product.
* An agricultural product.
* A service.
"Sales representative" means a contracted representative of an Iowa firm with the authority to consummate a sales transaction.
"Trade mission" means a mission event led by the authority or designated representative. Qualified trade missions must include each of the following:
* Advanced operational and logistical planning.
* Advanced scheduling of individualized appointments with prequalified prospects interested in participants' product or service being offered.
* Background information on individual prospects prior to appointments. Trade missions may also include:
* In-depth briefings on market requirements and business practices for the targeted country.
* Interpreter services.
* Development of a trade mission directory prior to the event containing individual company data regarding the Iowa company and the products being offered.
* Technical seminars delivered by the mission participants.