Summertime & living is….BUSY!
Just as the State of Delaware and the Delaware General Assembly, our fiscal year ends on June 30th. And like them, we have been operating non-stop all month.
World Trade Center Delaware hosted two of our signature events this month: Our Kickoff to the US-Africa Business Summit and our Annual EXIM training. And now, I write this from Select USA Investment Summit 2022 in Washington D. C. where
the Delaware Prosperity Partnership has invited us to share a booth representing the State of Delaware to companies from across the US and around the world.
The Kickoff was designed to encourage Delawareans to attend the Summit in Marrakech from July 19-22 in July and to prepare them to participate in our exhibition booth. Our Kickoff is unlike any other trade event in Delaware. We invited Ambassadors and trade officials from Embassies in Washington and Ministries overseas to present opportunities in their respective countries. Experts from the US government and the Corporate Council on Africa discussed the resources they offer to US companies to smooth the path to trade. In the afternoon, participants met by pre-arranged meetings with all of the speakers.
Companies that have exhibited with us in the past have found that the Summit is a very cost-effective way to reach buyers in markets across the continent. Over 1,000 attendees will look for markets, partners and investment opportunities in health, energy, infrastructure, agriculture, and ICT. Please contact me by email or phone if you would like to exhibit with us or have WTC Delaware represent your company.
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Our Annual EXIM training focused on Meeting the New Challenges of International Trade: Reducing Financial Risk Associated with Conflict and Supply Chain Disruptions. Senator Carper discussed legislative responses to supply chain disruptions in a video presentation and experts from the Export-Import Bank of the US, for which WTC Delaware is the Regional Export Promotion Program Partner, Fulton Bank and Securitas Global Risk Solutions, discussed specific trade finance instruments and programs to support businesses and to reduce political, economic, location, and performance risks. EXIM’s Export Finance and Business Development Specialist Aerek Stephens also spoke about the bank’s programs for veteran, minority and women- owned businesses. He said that "EXIM’s export credit insurance eliminates risk of America’s small business exporters”. The new EXIM ‘Make More in America Initiative” will make available the agency’s existing medium- and long-term loans, loan guarantees, and insurance to Delaware’s export-oriented domestic manufacturing projects especially in sectors critical to national security. Financing priority will be for environmentally beneficial projects, small businesses, and transformational export area transactions, including semiconductors, biotech and biomedical products, renewable energy, and energy storage. |
At Select USA, we are showcasing the advantages that Delaware offers to companies around the world. President Biden spoke via video and Secretary of Commerce Gina Raimondo convened the event. Traffic at our booth has been almost non-stop, starting at 6:45 a.m. to 7:30 p.m. when the Exhibition Hall closes. We have had 3,700 visitors from every continent, industry sector, and company size are attending. If the rate of booth visitors keeps up, we will all run out of business cards before this afternoon. I probably needed to bring more copies of International Delaware™, our magazine. They are very popular and illustrate the range of capabilities in Delaware.
To become part of this year’s edition which will focus on Hospitality and Tourism, please contact [email protected] or call 302-656-1837.
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Carla Sydney Stone
President
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MEMBER SPOTLIGHT
WTCDE Premier Members
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Port to Port International Corporation |
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Welcome to Our New Members |
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Cameroonian Association of Greater Philadelphia Area (ACPE) |
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The organization fosters an environment in which Cameroonians that have newly arrived in the Philadelphia region can have a smooth transition. In addition, the nonprofit works to share the richness of Cameroonian and African culture and provide a safe space in which members and their families can gather for social and cultural interactions and enrichment.
ACPE members also support efforts to improve living conditions for families in Cameroon by sponsoring micro projects like constructing new classrooms
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Aqua Science LLC was founded on February 5, 2020, and is in Newark, DE. Our staff brings over 40 years of experience in the water quality market in both the development and manufacture of custom reagents including our core technology, bioluminescent reagents. The staff has worked together for many years in the water quality and toxicity market and has learned the value of teamwork. This gives us great strength by knowing and leaning on our “family” of colleagues to tap the knowledge and skills to deliver the highest quality products, sales and service in the market.
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Thanks to Our Renewing Members |
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Wheeler, Wolfenden & Dwares |
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Over the years, Wheeler Wolfenden and Dwares, CPAs has made a name for itself among clients as the go-to source for accounting, tax and advisory services. The firm is second to none when it comes to providing services to clients within niche industries such as nonprofit, construction, hospitality, and professional practices, and our size affords us the ability to effectively serve these clients.
Wheeler Wolfenden & Dwares was listed as one of the Best of the Best Firms in 2020 by Inside Public Accounting.
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Founded in 2010, Qme Spotlight Ecosystem (Qme) https://QmeSpotlight.com is a leader in developing amazing branding, marketing and digital solutions and is headquartered in Wilmington, DE (USA). Qme is certified by the National Minority Supplier Development Council as a minority-owned business enterprise. Qme is a member in good standing with the World Trade Center of Delaware. Qme has developed an impressive list of clients globally. Even locally, on June 10, 2022, Qme was chosen as the awarded vendor for an RFP from New Castle County Government of the State of Delaware to provide websites and E-commerce platforms to their small businesses. Qme’s corporate DNA includes a commitment to drive positive and sustainable solutions to grow small businesses and communities domestically and globally. Therefore, Qme has developed some proprietary and powerful digital solutions which are able to drive this transformation. Also, Qme has become a leader in the development of “Smart Digital Community Ecosystems”. After customizing a “Smart Digital Ecosystem” for any community or even country, it becomes the digital infrastructure to facilitate future growth and improvement in areas such as small business growth, workforce development, community economics, community ESG and community health, etc. Recently, Qme developed a “Global Trade Accelerator” Platform which enhances and speeds up the connectivity and communications between countries and their businesses. This innovative solutions ecosystem drives greater collaboration and success and helps make the participating import and export businesses “COVID PROOF”. The platform provides: 1) An Export & Import Trade Engine 2) Access to Product Distribution & Sales Channels 3) A Central Repository for Global Resources and Trade Expertise 4) Robust Marketing, Branding, and Promotion Tools, and 5) The ability to easily Connect, Showcase, and Grow businesses while tracking their growth via Data and Analytics. For more information: Dr. Gaylord Neal, Chief Revenue Officer, [email protected]
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10th Annual Summer International Business Networking Reception: PHL & The World – Ready, Set, Network!
Back by popular demand for the tenth year, members and friends of Philadelphia’s international community are joining forces to host a business networking reception to celebrate the City’s status as a top US destination for foreign direct investment and trade.
Join hundreds of business executives and city, state, and foreign government officials to celebrate the region’s global economic, political, and commercial impact.
Date: Wednesday, July 27, 2022
Time: 5:30 – 7:30 pm EST
Location: Morgan, Lewis & Bockius LLP*, 1701 Market Street, Philadelphia, PA 19103-2921
Member ticket: $75
Non-member ticket: $95
*Morgan Lewis is a fully vaccinated facility. Guests attending the event must provide proof of vaccination as they enter. Masks are not required at this time, but may change based on local, state or national guidelines.
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How can I protect my business from international fraud?
U.S exporters can reduce their exposure to credit card fraud in a number of ways.
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WTC Delaware provides a full range of international trade-related services with an in-depth focus on export/import of services and manufactured goods.
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The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. EXIM is an independent Executive Branch agency with a mission of supporting American jobs by facilitating the export of U.S. goods and services.
When private sector lenders are unable or unwilling to provide financing, EXIM fills in the gap for American businesses by equipping them with the financing tools necessary to compete for global sales. In doing so, the agency levels the playing field for U.S. goods and services going up against foreign competition in overseas markets, so that American companies can create more good-paying American jobs.
Because it is backed by the full faith and credit of the United States, EXIM assumes credit and country risks that the private sector is unable or unwilling to accept. The agency's charter requires that all transactions it authorizes demonstrate a reasonable assurance of repayment; EXIM consistently maintains a low default rate and closely monitors credit and other risks in its portfolio. Learn more: https://www.exim.gov/
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STANDARD - $475 (1-49 employees), $825 (50-99 employees), $1,375 (100+ employees)
PREMIER - $2,675
STUDENT - $100
Please schedule a meeting with us to learn how you can become a member!
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INTERNATIONAL BUSINESS TIP |
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Surviving and Thriving in Challenging Times: Celebrating U.S. Small Business in the Global Market Place
Did you miss the Go Global webinar last month? Three U.S. exporters described their experiences and shared tips for business success. Government trade experts discussed programs & services that are available to help you map out a winning export strategy.
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Weekly International Job Posts: The latest 300 job opportunities posted on DevelopmentAid
To view all the up-to-date jobs, please click the link below:
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To read/download your copy, please click the image above. |
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World Trade Center® Delaware is the State’s premier international business resource. We help companies, especially small, medium-sized and emerging enterprises, to grow their international business. We provide trade leads, training programs, job leads, networking, matchmaking, trade mission and reverse trade mission opportunities for Delaware companies. We serve all types of companies in various sectors including agriculture, environmental remediation, IT, medical equipment manufacturing, biopharmaceuticals, financial, legal and real estate services. For more information visit us at www.wtcde.com.
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World Trade Center Delaware
42 Reads Way, Suite B
New Castle, DE 19720
ph: 302-656-7905
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Copyright © 2022. All Rights Reserved. |
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