November 1, 2022
November Newsletter
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Wisconsin Small Business Development Center's Go Global Newsletter.

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Featured Articles

Emerging Technology Controls Becoming a Reality



Once again, I am overwhelmed by the cool things being developed in Wisconsin. I am not surprised; there are some awesomely talented people in our state.

The Commerce Department’s Bureau of Industry and Security (BIS) has been tasked with identifying emerging and foundational technologies. This ongoing process has resulted in additional rules for new export control classification numbers (ECCNs) on the Commerce Control List (CCL) that, at minimum, impose licensing requirements for exports subject to the Export Administration Regulations (EAR).

Are your technologies on the list?
How To Avoid Scammers and Win at Exporting

Source: International Trade Administration

You’ve been approached by someone who wants to buy your product or be your representative in a foreign country. You have never done business in this region before, and you have never heard of this new partner, and can find very limited information about them doing a basic Google search. You are cautious of a potential scam or time waster, yet you do not want to miss out on an opportunity to build a relationship with a legitimate, new firm.

How can you find more complete information to make a well-informed decision?

We asked District Export Council members, a group of experienced exporters approved by the Secretary of Commerce to provide export education, advocacy, and mentorship, to provide tips on what they do when contacted by prospective buyers.




Wisconsin Trade Events Announcement


Attend the WCTC Export Compliance Program Workshop - Scholarships Available!

When: December 16, 2022 | 9:00 a.m. - 3:00 p.m.
Where: In-Person (F2F)* or Online 
Cost: $295/per participant, $90 after scholarship
 
A comprehensive Export Compliance Program (ECP) ensures that your organization has a road map for employees to follow and provides the basis for your compliance training program. The ECP should include step-by-step procedures to ensure employees know what to do and where to turn for
guidance through the complex process of complying with US export regulations.
 
·    This workshop is ideally suited for organizations that are currently exporting and want to do it more effectively.
·    Create the framework for an effective ECP that is widely shared, understood, and practiced within your organization.
·    Identify the eight key elements of an Export Compliance Program.
·    Determine the risks of violating export controls.
·    Benchmark your current ECP with best practices.
 
The Wisconsin District Export Council (DEC) has been awarded a Collaborative Market Access Grant (CMAG) from the Wisconsin Economic Development Corporation (WEDC). The grant funds can be used to send up to 2 participants per company to attend ‘Develop Your Export Compliance Program’ for just $90 per person (the grant will provide a reimbursement of $205 per person at the completion of the program).  
 
Approval for reimbursement is based on available funds and the qualifications of the applications. Submission of an application does not guarantee awarding of scholarship funds. For additional information on scholarship qualifications or to request an application please contact the Wisconsin DEC at: info@widistrictexportcouncil.org. 
 
*A light breakfast and lunch will be provided for the in-person participants
Ready to Explore New International Markets?
The Go Global Initiative is available to any and all Wisconsin companies who are looking to grow into new or existing international markets. Take advantage of our Free Export Assessment Tool and discover the trade resources available to your company today!
About us
The Wisconsin SBDC Network is funded in part through a Cooperative Agreement with the U.S. Small Business Administration. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Email SBDC@lists.wisconsin.edu or call 608-263-7794.