​World Trade Center of Greater Philadelphia News

The United States and Western Hemisphere region, as a whole, enjoy extensive economic linkages, rich cultural personal connections, and a shared belief in inclusive growth and opportunity. The Western Hemisphere enjoys one of the most active trading relationships in the world with cooperation on cutting edge energy security and a network of connections among the region's countries that allow the efficient movement of knowledge, ideas, and technology. 

The company was selected to join 33 other companies out of 170 applications from 16 states and four countries. Investors will have the opportunity to with meet companies representing the following industries:​

Angel Venture Fair | April 26, 2016
​The Angel Venture Fair, the oldest venture conference in Mid-Atlantic Region, is sponsored by the Private Investors Forum (PIF), takes place Tuesday, April 26 from 7:30 a.m.-4:00 p.m. at the Union League of Philadelphia.

Harry Edelson, founder of Edelson Technology Partners and author of Positivity, will be the keynote speaker. The first 200 attendees will receive complimentary copies of Edelson’s new book.

Tickets for April 26: www.angelventurefair.com

MBDA National Director Alejandra Y. Castillo will lead a delegation of minority business owners and stakeholders to demonstrate not only the value of minority business enterprises’ (MBEs) products and services, but also opportunities to advance transatlantic trade and access to U.S. markets through collaboration with minority businesses.

“We are honored to have our minority entrepreneurs join us on this historic trip,” said MBDA National Director Alejandra Y. Castillo. “This is a significant opportunity for our MBEs to build global partnerships and forge connections to access an even larger audience for their businesses.”

MBDA will also lead a U.S.-German a policy roundtable titled Changing Demographics:  Fostering Inclusive Entrepreneurship. With the ethnic, gender, and generational make-up rapidly changing in  many countries around the world, this timely conversation will focus on policies, programs and best practices to confront economic inequalities in immigrant, refugee and migrant populations through entrepreneurship.

Diane Mastrull / The Inquirer
 
Floating tantalizing growth prospects, including $6.3 billion in new sales each year and 35,000 additional jobs, economic-development officials Wednesday released a three-year export plan for the Philadelphia region.
 
"If we ask ourselves how Greater Philadelphia is going to grow, going global has to be a big part of it," the 28-page plan, "Selling to the World," states on its opening page. The full report is... read full story

Kenneth Hilario and Craig Ey / Philadelphia Business Journal
 
Increasing the Greater Philadelphia region's export intensity could bring billions of dollars in new economic activity and nearly 40,000 additional jobs to the region, which has persistently lagged in economic growth, according to a new plan devised by business leaders in the region.
 
Philadelphia had the slowest employment growth between 2010 and 2015, making it the slowest-growing economy among the 10 largest U.S. metropolitan areas, according a report unveiled Wednesday by the Economy League and the World Trade Center of Greater Philadelphia, citing data from the U.S. Bureau of Labor Statistics… read full story

​Despite 86 percent of global economic growth projected to occur outside the United States between 2015 and 2020, only one percent of U.S. companies currently export and, among those that do, 58 percent export to only one market. These numbers underscore the significant opportunity for Greater Philadelphia and other U.S. metros to grow by going global.

To address this opportunity, the Economy League and the World Trade Center of Greater Philadelphia brought together business leaders and economic development experts from across southeastern Pennsylvania, southern New Jersey, and northern Delaware last year to develop an action-oriented export plan for the region in connection to the Global Cities Initiative.

Learn how the export plan, revealed among business leaders and economic development experts on April 13, 2016, will help drive much-needed job and revenue growth in our region.​

April 7
On April 7, 2016, Dino Ramos attended an informative session titled “How Reforms in Emerging Economies Are Creating Opportunities for American Businesses.” The following officials were on the panel:

• Scott Eisner, President, U.S. Africa Business Center, U.S. Chamber of Commerce
• Dianne Farrell, Deputy Assistant secretary of State for Asia, International Trade Administration
• Sergio Garcia Gomez, Section Head, Economic Affairs, Embassy of Mexico in the U.S.
• Thomas Hardy, Director of Public Affairs and Congressional Relations, U.S. Trade and Development Agency
• Rob Quartel, CEO, NTEL-X Co.

The speakers focused on countries that have successfully implemented reforms to drive economic growth and foreign investment including: Mexico, Korea, India, Vietnam, Jordan, Morocco, Cote D'Ivoire, Ethiopia, Mozambique, and Senegal.