United States Small
Business Administration Coming to Chicago!!!!
A large part of economic development is establishing partnerships and the
United States Small Business Administration is an important partner and a
direct link between businesses, economic development and the public sector. I had the opportunity a couple of months ago
to sit down with Stephen Konkle, Stephen.konkle@sba.gov
(312-886-4208), Economic Development Specialist at the Illinois
District Office of the United States Small Business Administration in Chicago,
to discuss some of the programs and resources the U.S. Small Business
Administration offers.
I highly recommend you to visit their website, https://www.sba.gov/,
to learn how they can assist you. For example did you know the U.S. Small
Business Administration facilitates several different types of loan
programs? They can assist in the
facilitation of a loan with a third party lender; the Small Business
Administration can also help with guaranteeing a bond or locating venture capital
assistance. If you have any questions I
encourage you to contact Stephen Konkle directly or you can always contact me
and I would be happy to assist.
An opportunity for businesses to take immediate advantage of is the Small
Business Innovation Research (SBIR) Road Tour which highlights ways in which
businesses can take advantage of technology-related funding through the Small
Business Technology Transfer Programs.
Businesses will have an opportunity to sit down with managers from
numerous governmental agencies. See
flyer below. The event will
be held on July 14, 2015 in Chicago. You can register by visiting: SBIRROADTOURCHICAGO.EVENTBRITE.COM.
Indonesian Trade
Promotion Center
I mentioned in a past post that I had begun a relationship
with the Indonesian Trade Promotion Center (ITPC) and attended an event at their
headquarters in Chicago.
The Vision and Mission as stated on their website http://www.itpcchicago.com/:
“To boost
Indonesian non-oil and gas export development to the United States through
market penetration, information dissemination, trade inquiry services,
expanding the business contacts between Indonesian exporters and US importers
and active participation in various trade exhibitions in the US.”
I am very pleased to announce The Indonesian
Trade Promotion Center, in partnership with the
City of McHenry and the McHenry County College Shah Center will be hosting a
business/manufacturing matchmaking event at the McHenry County
College Shah Center, 4100 Shamrock Lane McHenry, IL on August 12, 2015 from
8:00 a.m. to 10:00 a.m.
The purpose of the event is for
manufacturers to learn how to do business with Indonesia, whether importing or
exporting, currently doing business with Indonesia or want to break into the
Indonesian market this event is for you.
The following video provides a brief snapshot of why you may want to
start doing business with Indonesia: https://youtu.be/KxPM2eEpk5Q. If you have any of the following questions make plans to attend this event:
·
What are Indonesia’s
primary exports?
·
What imports are
companies in Indonesia seeking?
·
How can I do business
with Indonesia if I am not currently doing so?
·
What specific steps do I
need to take?
· Does Indonesia host any
trade expositions for companies seeking to break into the Indonesian market?
· Are there special
requirements related to importing/exporting related to businesses doing
business with Indonesia?
·
Who do I contact?
The ITPC is also tasked with enhancing investment in Indonesia, and the ITPC in Chicago collaborates with the Indonesian
office in New York to disseminate, facilitate
and provide assistance to potential investors in the United States. Included as part of these services the ITPC
also provides businesses matchmaking services which allows
potential companies seeking to export products from the United States to determine potential companies in Indonesia which may be interested in purchasing these products.
Please plan on attending this event! McHenry County College Shah Center, 4100
Shamrock Lane McHenry, IL 60050 on August 12, 2015 from 8:00 a.m. to 10:00 a.m.
I can attest based
on my experiences to date with the ITPC Indonesia
is very interested in cultivating relationships with McHenry businesses. At an event I attended in Chicago an Indonesian
filmmaker, through the eyes of Indonesian people, highlighted the impact and
importance of coffee (Indonesia is the third
largest producer of coffee in the world) to the country, people, culture, history as well as
the economy. I had the opportunity to
speak with the Indonesian Consul General about all Indonesia has to offer and
conversely what McHenry has to offer Indonesia.
A presentation by the ITPC
including: Consul General Mr. Andriana
Supandy; Consul for Economic Affairs Mr. Alberd Pardede and Director of ITPC
Chicago Mr. Wijayanto will answer all of your questions.
The Honorable
Susan E. Low, Mayor of the City of McHenry and Dr. Tony Miska, Vice President of Student
and Academic Affairs McHenry County College, will kick-off the event on August
12.
I want to thank McHenry County
College for partnering with City of McHenry and hosting this event!!! They are a great partner and this event would
not be possible without their assistance. If you have ever contemplated doing
business with Indonesia and haven’t taken the next step this event is for
you. Invitations will be sent out
electronically in the next week. If you
have any questions in the interim please feel free to contact me. Some of Indonesia's major imports and exports are listed below. For a complete list, along with specific dollar amounts associated with these and percentage share of each from 2012-2014 please contact me.
Major Export Commodities from the United States to
Indonesia
·
Aircraft,
Spacecraft, And Parts Thereof
· Vehicles;
other than Railway or Tramway Rolling Stock and Parts and Accessories Thereof
· Electrical
Machinery and Equipment and Parts Thereof; Sound Recorders and Reproducers;
Television Recorders and Reproducers, Parts and Accessories
· Plastics
and Articles Thereof
· Oil
Seeds and Oleaginous Fruits; Miscellaneous Grains, Seeds and Fruits; Industrial
or Medicinal Plants; Straw and Fodder
·
Nuclear
Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof
·
Residues
and Waste from the Food Industries; Prepared Animal Feed
·
Iron
and Steel
Major Import Commodities from Indonesia to the United States
·
Articles
of Apparel and Clothing, Accessories, Knitted or Croheted
·
Rubber
and Articles Thereof
·
Footwear,
Gaiters and the like; Parts of such Articles
·
Coffee,
Tea, Mate an Spices
·
Paper
and Paperboard; Articles of Paper Pulp, Paper or Paperboard
·
Cocoa
and Cocoa Preparations
·
Aluminum
and Articles Thereof
·
Wood
and Articles of Wood; Wood Charcoal
· Edible
Preparations of Meat, Fish, Crustaceans, Molluscs Or Other Aquatic
Invertebrates
·
Toys,
Games And Sports Equipment; Parts and Accessories Thereof
The ITPC is
also seeking opportunities to visit and tour businesses in McHenry while they
are here. If you are interested please
contact me as soon as possible.
Economic development is all about establishing and sustaining productive
relationships and the event on August 12, 2015 at the McHenry County College Shah Center,
4100 Shamrock Lane in the City of McHenry, from 8:00 a.m. to 10:00 a.m. is a great
way to begin a long-term relationship with the country of Indonesia as well as
an opportunity to sample some of the world’s greatest coffee!!!!!!
Thank You for Your
Continued Input and Inquiries…
I want to thank all of
you who have called, sent e-mails or stopped in the City of McHenry Municipal
Center and sought information on economic development and what the City is
doing to attract, retain and encourage business expansion. I thoroughly enjoy these conversations
because it provides me an opportunity to engage in a discussion about economic
development; some of the strategies the City employs to fill the vacant
building but most importantly it’s the beginning of a relationship I can
establish and follow-up with someone who may have an interest in a particular
area or is potentially seeking an opportunity to get involved.
I stated in past posts of
the value of establishing and maintaining relationships and will continue doing so
in the future due to the inherent value of a holistic economic development
effort. I welcome your questions,
concerns and suggestions particularly if you’ve read an article or visit a
place and say why not do this or that in the City of McHenry. I am 100% in support of utilizing ideas other
communities have employed to further the City of McHenry’s economic development
efforts. Every time I visit a new place,
whether it is with my family or somewhere I attend an event or conference I am
always taking pictures and writing things down and continually thinking of ways how this or that may be utilized, done or replicated in the City of McHenry.
One such idea was
presented to me at a recent retail convention I attended out of state, which
lead to a relationship I formed with an economic development professional in
the Quad Cities who said that’s an interesting concept and by the way in the
Quad Cities I know they’ve done this in the past….
I am going to present this idea and discuss in
more detail in a future post but let’s just say it’s something anyone can do
and will assist in the City’s overall economic development efforts and many of
you already do this...to be continued...
Economic development is a community-wide
effort and at the end of the day the entire community and everyone who is part
of it benefits!!! Please continue to provide feedback, submit
questions, suggestions and/or comments!!!!!!!!
Coming in future blog posts:
· What factors do non-retail businesses consider when thinking
about relocating?
·
International Council of Shopping Centers Conference 2015
·
How do brick and mortar businesses remain competitive with
on-line businesses?
·
Chicago Metro Metal Consortium..
·
What are Class A, B and C spaces?
·
Franchising? What is
it? What companies offer it and what
challenges are associated with attracting a retailer which operates exclusively
using franchising?
·
Future trends in economic development: “market segmentation;“ “pop-up” stores;
“placemaking/third places”
·
Challenges associated with economic development…
Douglas
P. Martin
Director
of Economic Development
City of
McHenry
333 S
Green Street
McHenry,
IL 60050
815.363.2110
(d)
815.363.2173
(f)
815.790.4752
(c)
@McHenryIL
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