Your Community College can Deliver INTERNATIONAL BUSINESS EDUCATION Presented by Ken Dillo, Director, Small Business Center Wake Technical Community College Raleigh, North Carolina 919-335-1007 kldillo@waketech.edu International Business • President Obama-Feb. 2010 – We must increase our international trade efforts-Double exports in five years • Provide more loans to exporters • Offer more assistance to small exporters • White House National Export Initiative – Export-Import Bank • Increase financing available to small and medium sized businesses International Business Education Small Business Center Network North Carolina Community College System International Business Education THIS IS A TEST ……TRUE OR FALSE It is not necessary to be on time for a business meeting in Germany. In Spain, it is insulting to beckon someone with the forefinger. In Italy, the “okay” sign made with the thumb and forefinger forming a circle may be considered vulgar and obscene. In Mexico, a hug is a perfectly acceptable greeting. If you do not maintain direct eye contact with a Russian, he or she will think you are disinterested or rude. International Business Education Small firms that export are 40% more productive than those that do not. Firms that do not export are 10% more likely to fail than those that do export. Kiplinger Letter Risk comes from not knowing what you're doing. Warren Buffet $67K of exports equals one job for a North Carolinian StatUSA Reports International Business Education North Carolina Community College System The Small Business Center Network 58 Community College Locations Provide Consulting Services Provide education opportunities Provide education resources For 2008-2009 6740 Seminars 106,838 Seminar Participants 11,450 Individual Consultations 26,273 Counseling Hours International Business Education Wake Tech Small Business Center 2009-2010 Activity 3327 Seminar participants 377 Consultations 157 Workshops/Seminars International Programs DR-CAFTA – Honduras & El Salvador March 2009 Doing Business in the International Marketplace-on location Mexico 2010 FUTURALLIA –on location -France 2010 Seminars Import /Export “HOW TO” – 4 Sessions- 35 Participants GRITS- Commercial Service - 40 Participants International Road Show-50 Participants Reverse Trade Missions-Dubai/Kuwait/Canada/Finland-55 Participants Doing Business in the EU- 25 participants International Business Education Programs SUCCESSFUL IMPORTING How to import-customs compliance-regulations-documentationTransportation-NAFTA-CAFTA-legal-”Getting Paid” HOMELAND SECURITY Bureau of Citizenship and Immigration Employment authorizations, Green Cards, Student Visa, Work Permits EXPORT READY PROGRAM in cooperation with the North Carolina Dept of Commerce International Trade Division Harmonized system codes-invoices-licensing-freight forwarders -partners-packaging-ETC. International Business • Reverse Trade Missions – Japan/China/Canada/Finland/Dubai/Kuwait, etc. – Nov 2-Finland and Canada • BBQ Sauces/Peanuts/Fruit Cakes • For supermarket distributors • July 2010 – Nova Scotia, Canada Mission to Raleigh » Consulate of Canada-Business leaders in Raleigh Area » Machine tools, aerospace equipment, leisure equipment, moulding » Hemp – based products Our Partners NC Dept of Commerce International Business Education Tactical Alliance Partners •City Chambers of Commerce •NC State University College of Textiles •Economic Development Partnership of the Office of Extension and Engagement at NC State University •NC Dept of Agriculture and Consumer Services •NC Ports Authority •Town of Markham, Canada, Economic Development Office •US Dept of Agriculture •Nexsen Pruet, PLLC •Harazin Law, PLLC •Institute of Textile Technology •Froneberger International Consultants •Creek International Consultants •Reefco Logistics, Inc. •Global Logistics Center, Wake Tech Community College International Business Education Program Objectives Provide international business education for entrepreneurs Awareness of available resources Educate on the perceived threat of global trade DR-CAFTA Other Trade Agreements International Business Education Future Programs Doing Business in the International Marketplace on location in Mexico Feb 6-12, 2011 Futurallia Kansas City, Mo. May 18-20, 2011 Exporting 101 Feb 2, 2011 NC Commerce International Trade Division Go Global Road Show March 30, 2011 Doing Business in Mexico 2004-2005-2006-2007-2010 Glen Raven Co. Mexico Zocalo Square Mexico NC Pavilion EXPO COMM Doing Business in Mexico AZTEC Pyramids Krispy Kreme Mexico KrispyKreme Doughnuts Mexico City, Mexico Glen Raven Mexicana,S.A.deC.V. Cahaucan, Mexico Señoritas What we really studied! Doing Business in Mexico International Education Programs What Participants Had to Say! Pat Ford of Ford’s Produce of Raleigh said “I majored in this stuff at (a major RTP 4 year university) and learned more in this program in two days than in 4 years.” Ford’s now exports to 52 countries. Was named NC Agriculture Exporter of the Year in 2009. (Export Ready Program) “This is one of the most impressive programs I’ve seen, not only in content, but practical application as well.” William Fenn, Chairman Emeritus, NC Home Furnishing Export Council Appointed by the Governor of North Carolina (Export Ready and Doing Business in Mexico Program) Since the trip my employer, Sumitomo Electric, has reaped rewards in many ways especially through product sales and increased market share in Mexico. Joshua Seawell, Supervisor Fusion Splicers Sales and Service, Sumitomo Electric Lightwave, Inc. (Doing Business in Mexico Program) International Trade Events DOING BUSINESS IN MEXICO 2011 Join us in Mexico March 6-12, 2011 YOU ARE WELCOME We believe looking your client in the eye is the way to do business outside the U.S.! International Training Opportunities- 2011 Doing Business in the International Marketplace On-Location in Mexico - March 6-12 , 2011 Futurallia May 18-20, 2011 On - Location in Kansas City, Mo Commercial Service Export Ready 101- Feb 2, 2011 Classroom Event Export Ready April 13-2011 Classroom Event Import Ready April 20, 2011 Classroom Event What to do at your College? •Find a Lead Person who is interested in International Business •Get your executive team on-board •Dean/VP/President •Connect and Link with Cooperative Partners •Local Chambers •State Government Commerce International Trade Division •US Government Commerce Commercial Service •US Government Small Business Administration Export Administration •Businesses •International Consultants •Attorneys •College/University Alliances •Find those who want to help your college •Advertise, Advertise, Advertise •Get businesses involved who want to expand internationally •Funding-Self Supporting Programs •Community Colleges do not tend to have international training programs for businesses. This is something that you can overcome and grow into a successful program. International Business Education Programs For more information please contact Ken Dillo, Director, Small Business Center Wake Technical Community College Raleigh, North Carolina 919-335-1007 kldillo@waketech.edu Wayne Loots, Dean Business and Industry Center Wake Technical Community College 919-335-1009 waloots@waketech.edu