International Trade Newsletter: December 6, 2016

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international trade team - michigan economic development corp

MichiganBusiness.org

December 6, 2016

RECORD YEAR FOR EXPORTS!

The MEDC International Trade Team wants to thank you for your contribution to Michigan’s economy for pursuing export opportunities around the world. In fiscal year 2016 (Oct 2015- Sept 2016), our clients reported $523.9 million in facilitated export sales to 121 countries! This equates to approximately 2,495* Michigan jobs created as a result of our assistance. 

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Since the program was established in 2011, Michigan companies have reported $1.2 billion in facilitated exports, totaling nearly 6,000* jobs created. *MEDC considers $210,000 in facilitated export sales= 1 job.

 To learn more about MEDC’s tools to help your company increase export sales, visit our website or contact your regional International Trade Manager.

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SUBMIT A NOMINATION FOR THE NATIONAL SMALL BUSINESS WEEK AWARDS

For more than 50 years, National Small Business Week has served as our nation’s salute to small business owners, who create two out of every three net new jobs for Americans. Many household names were previous National Small Business Week award winners, including Ben and Jerry’s, Calloway Golf, Chobani, Dogfish Head, Stoneyfield Farm, Pacifica and Tom’s of Maine. It’s now your time to join the list of SBA’s National Small Business Week winners by submitting a nomination.

Click here for four tips to help you submit a winning nomination package.

FEATURED MISSIONS

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ISRAEL

January 27- February 2, 2017
$1,499 participation fee
Fee includes: B2B matchmaking services in Israel for two days, in-country staff support; in-country group ground transportation; country briefing and networking events

Join MEDC’s trade mission to accelerate your export sales to Israel or enter the market for the first time. Save valuable time by working with our in-country consultants who will help you navigate market entry strategies and put you directly in front of prospective business partners. Mission participants will receive customized B2B meetings and export development services to save you time, maximize your potential and increase your sales. For an added cost, participants have the option to travel on to Amman, Jordan, for an additional day of B2B matchmaking.

Why Israel?

  • The U.S. is Israel’s largest single trading partner
  • Israel has a strong, diversified and technologically advanced high-tech sector, and is a leader in R&D spending at 4.3 percent of GDP
  • The U.S./Israel Free Trade Agreement, signed in 1985, was the first FTA for the USA and continues to provide easy market access for U.S. products and services
  • Key industries in Israel: hi-tech design and R&D; defense; cybersecurity; safety and security equipment and services; medical technologies and biotechnology products; power generation; and education/training

Industry Highlight: Cyber Technology

This trade mission coincides with CyberTech 2017, the most significant conference and exhibition of cyber technologies outside the U.S. mission participants will have an opportunity to walk the trade show, meet with prospective buyers and attend high-level industry networking events.

TIME IS RUNNING OUT! Registration deadline is December 16, 2016.

To register or for more information, please contact Emily Tucker at 517.862.9865 or tuckere4@michigan.org


    INDONESIA & VIETNAM

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    Led by the Conference of Great Lakes and St. Lawrence Governors and Premiers

    February 27- March 4, 2017
    $1,250 participation fee

    MEDC is partnering with the Conference of Great Lakes & St. Lawrence Governors and Premiers to lead a multi-sector trade mission to Indonesia & Vietnam. The goal of this mission is to assist small to medium-sized companies from the Great Lakes--St. Lawrence region to export products and services to these growing markets. Each mission participant will receive a customized schedule of B2B meetings to meet with prospective customers and business partners. Mission participants will also benefit from networking events and logistical support provided by the Conference's South East Asia Representative.

    Doing Business in South East Asia

    TIME IS RUNNING OUT! 
    Registration deadline is December 15, 2016.
    For more information or to register, click here

      


    AUTOMOTIVE MEETINGS- Queretaro, Mexico

    February 20-22, 2017
    $2,800 participation & booth space fee

    Mexico’s vehicle production is at an all-time high and automotive manufacturers from around the world are rushing to invest in this thriving market. However, there are shortages in Mexico in key areas required to support a globally competitive industry. This creates business opportunities for suppliers that have the necessary equipment, know-how, products and services to meet these demands.

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      Automotive Meetings is a structured matchmaking event taking place in Queretaro, Mexico. Auto suppliers will have opportunities to build and strengthen business relationships through more than 10,000 face-to-face meetings with potential OEM and Tier 1 customers. More than 650 companies and 1,600 participants are expected to attend. 

      Buyers represent various facets of business including purchasing, engineering and materials handling from manufacturers including Audi, BMW, Ford, GM, Honda, Mazda, Nissan, Toyota, and Volkswagen.

      Registration deadline is January 13, 2017.

      To register for Automotive Meetings or for more information, please contact David Newhouse at 517.331.6715 or newhoused@michigan.org

      Join a free webinar on December 7th to learn more!
      11:00am- 12:00pm
      No charge, but registration is required.
      The webinar will answer the following questions:

      • Business opportunities for U.S. companies in the Mexico auto industry
      • Who are the OEMs operating facilities in Mexico? – Autoliv, Continental, Eaton, Tremec, TRW and more
      • What capabilities and services do they purchase from U.S. suppliers?
      • What is the best way to connect with them?

      To register for the webinar, click here


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      AUSTRALIA

      Led by Automation Alley
      March 24-31, 2017

      Automation Alley is seeking Michigan companies for its trade mission to Australia, March 24-31, 2017. This award-winning program consistently introduces small and medium-size businesses to new high-growth markets and opportunities to expand and diversify local products, services and technologies abroad. These missions are results-driven and have generated more than half a billion dollars in export sales for local companies.

      Participants of this mission will travel to Sydney and Melbourne to attend matchmaking meetings with potential buyers, end users and key industry players.

      Participation is limited to 10 companies. Cost to participate is $6,995 for members/$7,995 for non-members. Price includes airfare, hotels, matchmaking meetings, internal transportation, business briefings, and welcome reception/dinner, and tours.

      Registration deadline is January 20, 2017.

      For more information or to register, click here


      MEXICO

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      Led by the Conference of Great Lakes and St. Lawrence Governors and Premiers

      April 3-7, 2017

      $1,250 participation fee

      The mission delegation will make stops in Mexico City, Queretaro and Monterrey. Each mission participant will receive a customized schedule of B2B meetings to meet with prospective customers and business partners. Mission participants will also benefit from networking events and logistical support provided by the Michigan Mexico Trade Center.

      Registration deadline is January 25, 2017.

      For more information or to register, click here

      PARTNER EVENTS

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      Global Competency

      December 9, 2016
      Webinar
      2:00- 3:00 pm
      Free, but registration is required

      Learning regulations, INCOTERMS, and HTS codes will not necessarily lead an individual to success in this global workplace. Understanding not only other cultures and traditions along with your own biases assist in being able to complete transactions with less stress and misunderstanding. Developing global competency and cultural intelligence will provide individuals and the companies each represent with a higher level of success.

      Join NASBITE for a webinar discussing Global Competency. The webinar will be presented by Christine Schrage, CGBP from University of Northern Iowa.

      To register, click here.


      Build and Market Websites for India

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      December 14, 2016
      Webinar
      11:00 am
      Free, but registration is required

      Expert speakers give advice on selling online in India for B2B and B2C opportunities via website localization, Indian market specifics for digital marketing, e/mcommerce, local distributor support and more.

      Guest speakers include Nalin Patel and Sreehari Marar from Tractus Asia. 

      Topics covered include:

      • India business opportunities
      • India online specifics
      • B2B and B2C platforms and choices
      • Localized websites – challenge or opportunity?
      • Localized marketing – necessary?
      • E/mcommerce, payments and fulfilment
      • Best practices and local regulations

      To register, click here.


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      Export Controls – ITAR & EAR Training

      December 15, 2016
      Houghton, MI
      8:30am- 3:30pm
      Member Price $225/ Non-Member Price $350

      Gain knowledge, or increase your expertise, in the areas of International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR).  Are you interested in learning about the numerous changes taking place with export controls and regulations? If you are engaging in or considering entering defense contracting and service support this program is for you.

      Topics covered during this program:

      International Traffic in Arms Regulations (ITAR)

      • ITAR’s Regulatory Framework
      • ITAR Registration Process
      • U.S. Munitions List (USML)
      • Licenses & Agreements
      • Exemptions
      • Establishing Compliance Programs and Best Practices
      • Technology Control Plans

      Export Administration Regulations (EAR)

      • EAR’s Regulatory Framework
      • Commerce Control List (CCL)
      • Export Control Classification Number (ECCN)
      • Export Control Reform Initiative
      • Reform Initiative Update
      • Transfers from the USML to the CCL

      ITAR & EAR Regulatory Changes Update

      ITAR & EAR Exemptions

      To register, click here.

      For more information about the MEDC International Trade Services, visit http://www.michiganbusiness.org/grow/international-trade-services or contact export@michigan.org.

      Follow us on LinkedIn: https://www.linkedin.com/company/export-assistance