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Local Export Company Receives SBA Assistance
Vernon Darko is the president of EQUIPXP, LC, one of the fastest growing heavy equipment export companies in the U.S. Darko started the company in Houston in 2006 as a two-person operation and it has grown into a multinational, multi-million dollar corporation with ten employees and satellite offices located all over the world.
They have experienced phenomenal growth, with increased revenues excelling over 300% within the first three years of business. EQUIPXP sells construction, commercial transportation including watercrafts, and heavy lifting industrial equipment to the oil & gas and construction industries in Sub-Saharan Africa and Latin America. To support his growth, Darko obtained working capital financing through Ex-Im Bank and the SBA.
Darko was recently re-appointed after serving three consecutive years on the EX-IM Bank Sub-Saharan African Advisory Committee, established by Congress to provide expert guidance in developing polices to strengthen Bank support of U.S. export to Africa. He also serves on the Greater Houston Partnership’s World Trade and Africa Committees and is a member of the Chief Executive Board of CEOs. He was awarded the President’s “E” Award for Excellence in Exports, an award that recognizes persons, firms or organizations which contribute significantly in the effort to increase U.S. exports. Darko was also awarded the Houston “Minority Exporter of the Year” award from the Greater Houston Business Procurement Forum and the “Alumnus of the Year” award from Lee University (Cleveland, TN.).
Darko received his degree in Business Administration with an emphasis on International Business from Lee University in Cleveland, Tennessee. He continued his post baccalaureate studies at the University of Houston with a concentration in Marketing.
Darko is very involved in the community and has served on the Board of Directors as President, Chairman, and member to many organizations such as: Educate International, Inc., Opportunity International, Inc., and Restoring Hope Fellowship Church. He is the author of the book “Think, Act, Breathe Global and Grow Your Business,” and recently released Quick Guide Workbook to “Think, Act, Breathe Global and Grow Your Business.” The book was written in response to the personal challenges and experiences Darko faced in doing business with foreign markets. The book outlines techniques to help businesses conduct cross-border commerce and addresses the benefits, incentives, and rewards of doing business internationally. Darko’s most recent project, “How to Finance the Sale” will be released in March 2012.
EQUIPXP, LC was the recipient of the 2011 SBA Houston District & Region VI Small Business Exporter of the Year award. For more information about EQUIPXP, LC, visit their website at www.equipxp.com. For information about SBA’s programs and services, visit www.sba.gov.