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  • 01 Apr 2015 1:51 PM | Anonymous member (Administrator)


    The planning for World Trade Day on May 19th this year is well underway. Today marks one month from the early bird registration rate deadline! Be sure to register now. We are still accepting corporate sponsors for this event, which is the best opportunity of the year to get maximum exposure to Colorado's international business community. We are delighted to be hosting more than 30 international delegates this year as well, who will all be seeking B2B meetings. Stay tuned for opportunities to request individual meetings!

    We also have many other events coming your way leading up to World Trade Day, such as Euro Networking this evening hosted by the Swedes, the Australian Ambassador is coming in next Tuesday, next month is our Next Gen Networking Event and the BIS Export Compliance seminar, and we are pleased to partner with the Embassy of Côte d'Ivoire to welcome the Prime Minister of Côte d'Ivoire and the Minister of Mining at a conference in April.

    We look forward to seeing you all at these events and more!

    Find more information from our newest Trading Post, click here

    Happy Trading!
    WTC Staff

  • 16 Mar 2015 9:31 AM | Anonymous member (Administrator)

    By Spencer Campbell

    The state's so-so export stats hide a booming knowledge-based economy state officials hope to ship overseas.

    Coloradans are good at a great many things (making beer, staying fit, making more beer…), but sharing, it appears, is not among our talents. The Centennial State, owner of the nation’s 18th-largest economy, ranked a middling 34th in commodities exports in 2014 with $8.4 billion, according to the U.S. Census Bureau. That doesn’t seem to jibe with the state’s recent prosperity. Colorado tied Utah for the sixth fastest growing GDP the year before (2014’s data isn’t available yet), and our unemployment rate is well below the U.S. average.

    The paradox comes down to vocabulary. The Census Bureau defines a commodity as a physical good—a “thing” grown, mined, or mass-produced in the state. Colorado’s economy, though, tends to favor services, says James Markusen, a University of Colorado Boulder professor who specializes in trade. This includes fetching Coke refills, sure, but it also means law, architecture, and marketing. And while knowledge (such as the consulting Englewood’s CH2M Hill did on the Panama Canal expansion) is considered a service export as long as foreign money ends up in Colorado wallets, it’s harder to track—which might explain why the Census Bureau doesn’t break service down by state. Fortunately, the Brookings Institution does. The Washington, D.C., think tank’s most recent report on exports ranked Colorado 15th in service exports in 2012 with $11.4 billion. And Stephanie Dybsky of the Colorado Office of Economic Development and International Trade (OEDIT) estimates that figure increased in 2013 and 2014.

    To encourage such growth, OEDIT hopes to help companies whose exports barely register on the Census Bureau’s state rankings gain greater global exposure. Take, for instance, Flylow Gear. The Denver ski apparel company’s revenue has grown to $3 million, the vast majority coming from U.S. sales. Now it wants to expand in Europe because of the growth potential there. But Flylow makes most of its apparel overseas—if it sells more foreign-produced jackets in, say, Norway, the uptick won’t affect Colorado’s trade stats because they weren’t made here and state service exports (for example, the hours spent designing the jackets) aren’t disclosed. But it doesn’t matter how it’s counted: If Flylow’s European sales grow, it has to HIRE people in Denver to do things like coordinate orders. That’s why OEDIT used $20,000 from a federal grant PROGRAM to help send Flylow and four other businesses to February’s Ispo Munich, the most influential outdoor recreation trade show in Europe. OEDIT also led companies to a health-care show in Dubai in January and plans to take more to an Australian mining expo in September. The idea is that although the state’s export numbers might not show it, new foreign markets (and customers) keep Colorado’s economy rolling. And there is vocabulary that reflects this thinking. Says Markusen: “If it ain’t broke, don’t fix it.”

  • 24 Dec 2014 11:00 AM | Anonymous member (Administrator)

    By Aldo Svaldi

    The Denver Post

    If trade relations between the United States and Cuba improve as promised, Colorado firms will be starting from scratch.

    Colorado didn't send any exports to Cuba in 2011, 2012 or 2013. But this October, there was a sale of $4,200 in radio navigation equipment, most likely aviation-related, said Karen Gerwitz, president of the World Trade Center Denver.

    The U.S. government allowed exemptions of its trade embargo against Cuba, which dates back to 1960, for food and medicines and equipment vital to public safety.

    In the past, Colorado firms have sold dairy products, candies and sugar into Cuba, she said. That last item is surprising given Cuba was once the world's largest sugar exporter.

    As to what imports Cuba sends Colorado, the answer is nothing, at least through official channels, Gerwitz said. Of course, the trade numbers don't capture all those mislabeled cigars tourists bring back into the country.

    One of the early opportunities for Colorado exporters could come in the export of communications equipment and services. And if the country rebuilds its infrastructure, Colorado firms likely will have a part to play.

    "It is exciting, and it is time," Gerwitz said. "There is business to be had there."

    For the original article click here 

  • 25 Aug 2014 5:55 PM | Karen Gerwitz (Administrator)

    Title:  Office Manager   

    Hours:  Full Time (40 hours)

    Salary:  $31,000-$35,000 Annually

    Accepting Applications through Sep. 12th, Projected Start Date – September 22, 2014 – Submit cover letter and resume to

    The World Trade Center Denver is a non-profit trade association that facilitates international trade to and from the Rocky Mountain region and connects its members to our global network.  We are seeking a key addition to our staff to help manage the core functions of the office including processing memberships, export documentation, bookkeeping, and administrative support to the Executive Director.  The ideal candidate will thrive under pressure, takes pride in providing seamless support, can juggle multiple tasks while not losing sight of the details, and has a demonstrated passion for furthering international business. 

    • Duties:
    • ·         General Office Management (supplies, services, etc).
    • ·         Ensures Office operations run smoothly, on schedule, and in an organized fashion.
    • ·         Membership Management (track members coming due and issue invoice and adjust database in a timely manner). 
    • ·         Process in a timely and accurate manner Certificates of Free Sale, Certificates of Origin and Foreign Entity Registrations.
    • ·         Event Planning and Support.
    • ·         Bookkeeping and entering data into QuickBooks.
    • ·         Payment processing, maintaining accounts receivable and payable
    • ·         Conduct a monthly reconciliation of all bank accounts to ensure their accuracy
    • ·         Issue monthly financial statements
    • ·         Periodic report filing
    • ·         Maintain the annual budget
    • ·         Produce and maintain event budgeting
    • ·         Grant Administration ( track financials, prepare financial statements/reimbursements monthly, quarterly reporting, budgeting )
    • ·         Manage the Executive Director’s calendar and email correspondence, helping with follow-through, managing contacts, and serving clients with tact and diplomacy.​ 
    • ·         Draft, edit and proofread internal and external correspondence, meeting agendas and presentations. 
    • ·         Provide guidance and mentorship to Interns.
    • ·         Post updates regularly to website.

    3-5 years in a similar role

    Bachelor’s Degree or equivalent

    Proficiency in QuickBooks, Excel and Microsoft Office
    Excellence in judgment and communication (both verbal and written) required
    The position requires a high degree of initiative and discretion; knowing when to be assertive and when to be deferential
    Superior organizational, administrative and planning skills required
    Excellence in time management; sharp attention to detail and the ability to learn quickly
    Ability to effectively and diplomatically interact with senior-level contacts with a strong commitment to serving our members’ needs
    Professional, polished, poised, and positive appearance
    Project/Event Management and research skills a strong plus
    Interest in International Business
    Computer savvy and Database experience a plus

    Enthusiastic, motivated, "how can I help" attitude, flexible, and resourceful

    The World Trade Center Denver is an equal opportunity employer and diversity is valued in our organization.

  • 08 Jul 2014 3:59 PM | Karen Gerwitz (Administrator)


    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 | Anonymous

    “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 | Anonymous
    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 | Deleted user
    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 | Jessica Rettig


    "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:

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