An 'Economic Burden' Google Can No Longer Bear? - The Atlantic

An 'Economic Burden' Google Can No Longer Bear? - The Atlantic

News & Press Releases | SBA.gov

News & Press Releases | SBA.gov

National Export Initiative Seminar

Today, I attended the Manufacture America National Export Initiative (NEI) Med Tech Small and Medium Size Enterprises Seminar in Cleveland, Oh. Resources were on hand from the US Commercial Service, Northstar Trade Finance, SBA Export Solutions Group. Some points that were discussed are listed here:
• 1% of US companies export
• 12% of German companies export
• Most US exports are to only 1 country
• 83% of Global Growth will be outside of the US
• Small Manufacturing Enterprises make up 97% of the US Exports
• 95% of the world’s consumers liver outside the US
• Exports account for: US - 11% of GDP , China - 25% , Canada - 27% , Germany 41%

New Product from the ExIm Bank:
Express Insurance has been developed for qualified small business; it features a streamlined application and both a policy quotation and two foreign-buyer credit indications up to $300,000 within five business days. Find out more from your local Export Import Bank Representative.

The representatives there were willing to talk, share ideas and information and open their offices to anyone that would like help in gaining their international advantage. I learned much and am looking forward to working with my clients utilizing some of these resources.

Ambassador of India visits Pittsburgh

Ambassador of India, Meera Shankar is welcomed to Pittsburgh for a two day visit:

On April 28th I had the opportunity to attend a meeting with TiE of Pittsburgh where Ambassador Shankar was speaking. This intimate breakfast of about 60 people enabled me to find out more about the relations between India and the United States.

Ambassador Shankar also visited the World Affairs Council of Pittsburgh and spoke to an audience of many. India and the US share about 25.5 Million in trade and India looks forward to continuing our good relations. Indian businesses are interested in investing in American companies here helping growth in both countries. The main national priority for India is to achieve social economic transformation and is inclusive. The foreign policy should help create an environment that strengthens trade and technical collaboration. The global downturn has not affected India as much as other countries. Exports were getting constrained and growth dipped to 6.7% and now the Indian economic growth has jumped to 8% in 2009 and 8.6% in 2010. The target for India is to achieve an average growth of 9 to 9.5%.

Pittsburgh is home to a vibrant Indian community that has played a key role in the city’s development as a professional, high tech economy. According to recent statistics, there are 28 local companies with operations in India in the Pittsburgh region, 6 Indian-owned firms, and 10 of the 25 largest Pittsburgh area minority-owned companies are owned by individuals from India or of Indian ancestry.

The Ambassador’s visit is a valuable opportunity to highlight Pittsburgh’s growing role in the global economy. Since hosting the G20 in 2009, the world has been watching Pittsburgh. The city was recently ranked as a leading location for future international investment by fDi magazine, a publication of the London-based Financial Times. Pittsburgh was ranked first overall in the large cities
category in the fDi 2011/2012 American Cities of the Future. (cited from recent PR for World Affairs Council)

White House

I am honored to be invited to the White House Roundtable tomorrow in Pittsburgh. I hope we find these officials of the White House enacting change quickly. I will post about it Friday!

Look who is talking about All Clear!

Linda Handley of Building Bridges and I talked last week about the impact translations will make on revenues for manufacturers. She thought is significant enough to post on her website blog. Building Bridges is a non-profit started late 2010 to help small businesses learn of the many resources in the Pittsburgh region, PA state, and Federal that can help grow a company with marketing and business advice, workshops and counselors. Check them out! A seminar is happening on April 28th and over 160 have already registered. Click on the title to visit the blog at Building Bridges and learn more about this organization.
Cheers, Linda

Free Trade Agreement with Columbia

It is exciting to see the free trade agreement with Columbia happen. Our manufacturers now have easy access to export to Columbia. NAFTA has enabled easy shipping to Mexico and Canada thus becoming the two biggest areas of export for US Manufacturers. The free trade agreement with Columbia opens another country to us. Projections are at least $1 Billion in exports will be created from this agreement. I look forward to helping our manufacturers break into that market with multilingual websites, marketing materials and other documents. Why export - why would you say no to a sale, a new market, increased revenues! Do not ask should we export but how quickly can we export!

Have a great week and I will keep you updated on what is happening in our country and with All Clear Translations.

Linda