News

<< First  < Prev   1   2   3   4   5   ...   Next >  Last >> 
  • 08 Jul 2014 3:59 PM | Karen Gerwitz (Administrator)


    WORLD TRADE CENTER DENVER’S INSTITUTE AWARDED $177,000 GRANT

    DENVER – The Rocky Mountain World Trade Center Institute (RMWTCI), the educational branch of the World Trade Center Denver and a non-profit 501(c)3 organization, is pleased to receive a $177,644 grant from the Federal Economic Development Administration. The Federal Economic Development Administration awards this Economic Adjustment Assistance grant to programs that advance economic development in financially distressed areas. Colorado is home to 22 distressed counties (measured by per capita income and unemployment rate.)  In development for approximately six months, this grant project promises to bring the RMWTCI’s award-winning export training programs to those Colorado counties that need it most.

     

    “We are delighted to partner with the public and private sector on this trade education initiative,” said Karen Gerwitz, President of the World Trade Center Denver. “Our mission is to facilitate trade to and from the Rocky Mountain Region, and this grant boosts our ability to do so.”

     

    Specifically, the RMWTCI’s 3-Point Initiative to Expand Exports through Education calls for a multi-pronged approach to increase export education opportunities in Colorado. First, the RMWTCI’s award-winning instructors will travel to four Colorado counties to provide in-person export training that will begin with an introduction to exporting and progress to the nuts and bolts of the exporting process. Second, the RMWTCI will build upon its online education platform by recording and uploading several courses and webinars related specifically to exporting and to Advanced Industries in Colorado, accessible to any with an Internet connection. Finally, the RMWTCI will build a comprehensive database of exporters in Colorado, with the goal to provide targeted resources to these businesses in order to help them achieve maximum success in the exporting process. These resources will include a business-to-business mentoring program in which a business or entrepreneur in a distressed county will be paired with an organization that is currently achieving high levels of success at exporting.

     

    The RMWTCI is thrilled to implement this project and expand its export education programs in Colorado through this grant award. For more information about the RMWTCI and its educational programs, click here.

  • 24 Jun 2014 3:19 PM | Ben Allen (Administrator)

    “The world is becoming more interconnected by the day… The only question is: Are we going to shape globalization, or are we going to be shaped by it.”


    This was the overarching theme of Monday’s lunch meeting with U.S. Trade Representative Michael Froman. The lunch was held at Denver’s Brown Palace Hotel and attended by a group of local business leaders, international trade experts, government and civic leaders. Froman discussed the current negotiations of the Trans-Pacific Partnership agreement in the Asia Pacific and the Transatlantic Trade and Investment Partnership with the European Union.


    Froman also focused on how important exporting is to both the U.S. and Colorado’s economy.

    “Following the 2008 financial crisis… American exports were an important engine of growth in the United States, helping keep businesses big and small alive while demand elsewhere slowed to a halt,” he stated. “Since then, fully one third of our economic growth has been driven by exports.”


    With the U.S. relying on exports for economic growth, these two free trade agreements are extremely important. “Taken together, that will put the U.S. at the center of a free trade area that covers two-thirds of the global economy,” Froman claimed. 


    Froman also said that these free trade agreements and existing agreements will make the “U.S. the place where companies want to make things, both to serve the U.S. market, but also to export to the rest of the world.”


    The Brown Palace luncheon was hosted by the World Trade Center Denver and the Colorado Office of Economic Development and International Trade.


    To read more about the meeting and Ambassador Michael Froman, click here for the full story. 

  • 13 May 2014 4:04 PM | Karen Gerwitz (Administrator)
    Colorado continues to export more advanced technology goods and fewer waste products to China, according to a report Monday from the U.S.-China Business Council. "They don't need the scrap as much," said Michael Rosen, manager of Atlas Metal & Iron Corp., who has seen his sales to that country decline. China is the state's third-largest trading partner after Canada and Mexico, purchasing $745 million worth of Colorado goods last year, up from $705 million in 2012. 

  • 14 Aug 2013 11:30 AM | Liat Schindler
    Written by Howard Pankratz, The Denver Post 

    Merchandise exports from Colorado reached a record high in the first half of 2013, according to a report released Thursday by the international Trade Administration. 

    The Agency said new data shows Colorado Merchandise exports increased by 6 percent in the first half of 2013 compared with the same period of 2012, growing from $4 billion to $4.2 billion - a record high. 

    "This new export data from the first half of 2013 show states across the country have more businesses marketing their products abroad and creating thousands of new jobs in their local communities," said Francisco Sanchez, U.S. undersecretary for international trade. "This data confirms that our efforts to help American businesses compete globally are having an impact right here in Colorado."

    Colorado's merchandise export sales in the first half of 2013 out paced the 2012 figures in Brazil, where exports were up 86 percent; Switzerland, up 59 percent; Taiwan, up 42 percent; Malaysia, up 33 percent; and South Korea, up 24 percent. 


  • 12 Aug 2013 10:05 AM | Michael DeJager (Administrator)
    The SEC adopts changes to the rules governing the marketing of sales of securities to sophisticated investors. Pursuant to the mandate set out in the Jumpstart Our Business Startups Act, the U.S. Securities and Exchange Commission (the SEC) has adopted amendments to Rule 506 of Regulation D and Rule 144A, each under the Securities Act of 1933, as amended (the Securities Act). These changes essentially lift the ban on publicly advertising offers of securities and may fundamentally change the way in which small and medium sized companies raise capital.  The changes to the general solicitation and general advertising regime are expected to become effective in mid-September.  As discussed further here, the SEC also proposed other amendments that may impact the way in which companies raise capital going forward.  This and much more information regarding current events and information about securities and crowdfunding can be found on the Crowd Valley blog.
  • 20 May 2013 4:31 PM | Anonymous

    By

    "Even the most notorious nose-to-the-grindstone business traveller will have a difficult time not having fun in sunny Denver, located on the eastern edge of the Colorado Rocky Mountains.


    Its location near the geographic centre of the US, a world-class airport and a rash of recent hotel developments in its pedestrian-friendly core have combined to make Denver an increasingly regular stop on the business travel circuit. From 2010 to 2011, there was a 17% increase in business travellers coming to the city, and a hotel building boom will add some 1,400 new rooms over the next two to three years.


    Also, the city’s diverse economy has weathered the recent economic storm better than most other major US cities. In April the Metro Denver Economic Development Corporation had to revise its  forecast due to better-than-expected gains in employment, retail sales and applications for residential building permits."


    Read more: http://www.bbc.com/travel/feature/20130516-business-trip-denver/1

  • 20 May 2013 4:29 PM | Anonymous
    /PRNewswire-USNewswire/ -- With its entry "Scooping Up International Sales," Bassetts Ice Cream, a fifth-generation family business and a Philadelphia tradition since 1861, won first prize at the annual export video contest co-sponsored by the Small Business Administration and Visa, Inc. SBA Associate Administrator for the Office of International Trade Dario Gomez today made the announcement and presented the awards at the 2013 World Trade Day Conference in Denver. SBA Deputy Administrator Marie Johns was a keynote speaker at the event."

    Read more: http://www.sacbee.com/2013/05/16/5426498/sba-announces-winners-of-export.html

    Read more here: http://www.sacbee.com/2013/05/16/5426498/sba-announces-winners-of-export.html#storylink=cpy
  • 20 May 2013 4:27 PM | Anonymous
    By Howard Pankratz, The Denver Post

    "Two Colorado firms will be among more than 50 U.S. companies that will be honored next week for increasing American exports.

    Geotech Environmental Equipment Inc. of Denver and Boulder's Lightning Eliminators & Consultants will receive the 2013 President's "E" Award.

    Of the 57 recipients, 47 are small or medium-sized enterprises, 33 are manufacturers and 31 fall into both categories, according to the U.S. Department of Commerce."


  • 20 May 2013 4:24 PM | Anonymous
    By Heather Draper, Denver Business Journal

    "The U.S. Commerce Department will honor more than 50 companies and organizations, including four from Colorado, for their contributions to increasing U.S. exports.

    Colorado companies receiving the “E” Award for Exports are Geotech Environmental Equipment Inc. of Denver and Lightning Eliminators & Consultants of Boulder.

    Also, the World Trade Center-Denver and Frederick Export in Denver received the “E” Award for Export Service."


    Read more: http://www.bizjournals.com/denver/news/2013/05/15/colorado-companies-get-honors-from.html

  • 20 May 2013 4:22 PM | Anonymous
    "Adams County-based Zeigler Brothers Inc., a manufacturer of animal feeds for aquaculture, biomedical industries, pets and zoos, has been named national “Exporter of the Year” by the U.S. Small Business Administration.


    “Small business exporters like (Zeigler) are key engines of our economy and are playing a crucial role in job creation as we move toward an economy that is built to last,” SBA Deputy Administrator Marie Johns said in a statement.

    Zeigler’s executives were presented the award at the World Trade Day Conference in Denver yesterday."


    Read more: http://www.centralpennbusiness.com/article/20130517/CPBJ01/130519789/Zeigler-Bros-named-national-Exporter-of-the-Year

<< First  < Prev   1   2   3   4   5   ...   Next >  Last >>