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In this edition
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Welcome to David Clay, HM Consul General
- Events in the pipeline
- From the President - tips on trade mission participation
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- BABCNE events: in the pipeline
- Polo, Special reception
- BABC Network events & Policy papers
- UK/US Trade Updates
- Resources/ General Interest
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BABCNE welcomes David Clay, M.B.E.
HM Consul General to New England
David Clay has been a member of the Diplomatic Service since 2005, and has been appointed as the next British Consul General to New England. David was joint head of the Foreign, Commonwealth & Development Office Iraq and Arabian Peninsula Department.
Bio
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We invite you to become involved! Join us for these events in
the pipeline.
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September 23: Welcome reception for our new Consul General, David Clay, Nicola Moss, Deputy Consul General and Tripp Whalen, Director of Trade.
September 24. UK Biotech pitching day and Boston Biotech Brits networking evening
During Biotech Week Boston, BABCNE, Department for Business and Trade and OneNucleus are organising a Pitching Day for UK biotechs to present to Boston based VCs and Biopharma BD executives. This will be followed by a networking evening to bring the biotech expat and Anglophile community in New England together - free to attend for members of the Boston Biotech Brits.
October 10: New to NE? Lets talk about Immigration, Taxation, HR issues.
In today's global landscape, staying informed about regulatory changes is paramount for businesses to thrive. With Elizabeth Goss, CEO, Goss Immigration and Ken Vacovec, Founding Partner, Vacovec, Mayottee and Singer.
November 13: The reality of AI. A candid discussion with senior executives on the front lines.
To some, A.I. (Artificial Intelligence() powers new tools that will make life and work far more efficient and joyful. To others, A.I. is a very real existential threat to not only business, but to humanity itself. Coming this November, the BABCNE will be hosting a hybrid panel discussion, both in person and online, moderated by Atlantic Strategies CEO Rick McKenna, and featuring noted executives Scott Aziz, CEO of Agile AI Labs and Steve Kenniston, Senior Cyber Security lead with Dell Technologies. Details to follow!
December 6. 36th Annual Christmas luncheon, Harvard Club of Boston
Registration and Sponosorship Opportunities are now open!
This prestigious event opens the business Holiday Season in this area. Celebrate the holidays with friends, colleague and business associates! Let us do the work – make this your Company party! This early notice Is so that you can make your plans now! Limited number of tables seating 8, are available.
Spring 2025: Trade mission to the UK. Interested in participating? Reach out to us now! info@babcne.org
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Cross the Pond with Us in 2025
Richard McKenna, President, BABCNE | CEO, Atlantic Strategies
This coming spring, the BABCNE, along with the UK Dept for Business and Trade, will be putting together a trade mission from New England to the UK. If you’ve never been a delegate before, or your company hasn’t sponsored one, I thought I share a few thoughts the very first trade mission I joined more than 15 years ago.
It’s a privilege to participate and if well planned on the organizer’s part and on yours, you stand to create professional and personal relationships that will last a lifetime.
- Before going, immerse yourselves in the cities you’ll be visiting so you have a flavor on what to expect. My first mission was to Liverpool and Manchester, amazing cities, but the trip unexpectedly started with naked Scousers, and a crazy horse race called The Grand National that involved an abundance of makeup and crazy hats!
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Share with the organizers the industries and types of organizations you’d like to meet. If you want to meet biotech companies, say so in as much detail as you can provide. You’ll also meet suppliers, government contacts, and community leaders along the way. It’s all good and part of the experience.
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- Your fellow missioners are just as important to get to know as those contacts you meet overseas. Update your LinkedIn profile well before you depart. Research each person before going over. I traveled with a soccer obsessed (football) Boston Globe editor, a successful businessman from Cypress, an attorney whose suit never wrinkled and a UK government official who had a passion for Beetles music.
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Participate in every social, business event and meeting you can. It’s not a vacation. There are stark differences between the UK and the US. Be respectful. Be curious. And be reciprocal in networking - - be prepared to give back versus just take.
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Be prepared to speak about your business - - but remember long winded will not cut it. Keep in mind your fellow travelers may be a bit jet lagged, if you drone on too long, you’re apt to promote sleepiness. We almost left an overly tired attorney behind when we headed for the airport. It was a Hard Day’s Night!
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Be curious. The history I leaned about the Mersey and Liverpool Docks was fascinating. UK and US history didn’t start with a tea party!
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Speaking of tea, you will learn to love it. Haha.
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Stay in touch with everyone you meet. I still communicate with, socialize with and do business with my fellow missioners and UK-based contacts from 15 years ago.
- And finally, if you’d like more information, I suggest you speak with me and other BABCNE members and the Consulate staff about past trips. Think about what your organization would like to accomplish with a broader international network, and consider joining me by being part of the committee to put it together! More details soon on the BABCNE.ORG website.
Cheers!
Rick McKenna
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Boston Biotech Brits and the BABCNE
Introducing Mike Fisher PhD, VP & Head of Business Development, Oncimmune & Vice President, BABCNE
I’m excited to share that I’ve joined the Board of BABCNE as Vice President. As founder of the Boston Biotech Brits (https://lnkd.in/ecCfzeWA), I’m eager to represent our vibrant Life Sciences community and strengthen ties with UK companies.
To support this mission, we’ve established a life sciences steering committee composed of experienced biotech executives with strong connections to the UK. This group will leverage their expertise and networks to organise events aimed at revitalising the New England British expat community and enhancing transatlantic relationships.
Our steering committee includes notable leaders such as:
In September
Our first initiative, working with the BABCNE, One Nucleus and Department for Business and Trade will be a pitching event for UK biotech companies to connect with VCs and pharma business developers in New England, followed by a networking evening for the Boston Biotech Brits during Biotech Week in Boston. Stay tuned for more details!
Founded in 2006, the Boston Biotech Brits is a network of British ex-pats and Anglophiles in the Boston area, along with collaborators in the UK. We focus on socializing, collaborating within the Boston life sciences ecosystem, and promoting life science connections between Boston and the UK, and our network has grown to over 400 members.
Follow us here to keep up to date with our news and activities: https://lnkd.in/ecCfzeWA
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Sponsorship and questions: Contact Richard Hawke, event organizer, here | |
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Location: Newport International Polo Grounds
50 Linden Lane, Portsmouth, RI 02871. Parking is available on the grounds on a first come, first serve basis.
Members Ticket: Included in your BABCNE corporate membership. One per company.
Non-members: $50
BABCNE Website listing | Newport Polo website Event link
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BABN Network Events and Policy Papers | |
You may be interested in viewing the events of the twenty chapters of the British American Business Network. The BABCNE is a founding member of this network.
The complete event list, which is updated monthly, can be accessed on this link: https://babn.org/events/
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BAB July Policy and Trade Update
Read here
A Progress Review of the US-UK Atlantic Declaration, One Year on (RAG)
Download report
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Revitalising the UK's Life Sciences Sector - Charting Progress to Improve Commercial Competitiveness
Download report
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Coming 14 October, 2024
The UK Goverment's International Investment Summit, to showcase the best
of UK business and industry to global investors.
👉 https://lnkd.in/e-NSYYTz
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Resources/ General interest | |
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The application period for the Massachusetts STEP Grant Program is now open!
Application deadline is Monday, September 30th at 5:00 p.m.
The Massachusetts Office of International Trade and Investment, in collaboration with the Massachusetts Small Business Development Center and the Massachusetts Export Center, is pleased to announce the Massachusetts State Trade Expansion Program ("STEP"), funded in part by a grant from the U.S. Small Business Administration (SBA). Eligible small businesses in Massachusetts are encouraged to apply for grants under STEP for the purpose of increasing export sales of their goods and services.
There is no advantage for early applicants.
We encourage you to participate on the September 13 webinar (details below) to learn more. www.mass.gov/export/step
Click here to contact the Massachusetts Export Center with questions, or reach out to your local U.S. Commercial Service Trade Specialist.
Friday, September 13 | 12:00 p.m. to 1:30 p.m.
Register here
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Slaying the myths about tougher post-Brexit red tape for UK travellers to Europe
Independant, August 25, 2024
British passport holders must currently have their travel documents inspected and stamped. The good news is that passport stamping will end. The bad news is that every traveller must, in theory at least, be fingerprinted and provide a facial biometric.
Learn more here
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A growing number of UK families are being hit with inheritance tax on gifts after falling foul of the seven-year rule, official figures show.
The Telegraph, August 24, 2024. Charlotte Gifford, Senior Money Reporter
Parents and grandparents are increasingly giving away vast sums to help their children on to the property ladder and bring their estates below the £325,000 threshold.
But many are getting caught out by a complex rule which states that assets transferred within seven years of a person’s death should be considered part of their estate for tax purposes.
Find out more here
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The US Trade & Investment Guide to the US 2024/2025
June 6, 2024
The latest version of its annual Trade and Investment Guide, is the most comprehensive resource for British companies seeking to expand their business in the US.
BAB’s new Guide explores how businesses can tap into the opportunities presented by the Memoranda of Understanding on trade and investment signed between the UK and the US states of Indiana, North Carolina, South Carolina, Oklahoma, Utah, Washington State, Florida, and Texas.
Download the guide here
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BABCNE Mission: To foster business development and networking opportunities between the United Kingdom and New England.
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