The Network  Fall 2011   
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In this issue   

  

Recent news

 

Social media marketing

 

Getting the most out of trade missions  

 

Resources to help you grow your business

 

Immigration update  

 

Christmas lunch -marketing opportunities

 

UK Delegations  

 

US Trade shows in Boston

 
 

 
 
 
 

 

 Events Calendar

 

>>September 14

Special event at the Old State House 

  

>>October 6 

 Members' Reception at the Residence of the British Consul General 

 

>>October 13

Environment & Energy Breakfast Series: Solar Energy and Implementation 

   

>>November 2   

CEO evening with Virgin Atlantic Airways 

 

>>November 3  

4th Boston Clean Tech Venture Day 

 

  >> November 16 

Financial breakfast series with Blackrock 

 

>>December 2:

25th Annual Christmas luncheon

Book your table now -only 30 are available. Pay by Thanksgiving.

 

Other events will be added as the season progresses. We invite you to check the BABCNE website regularly.  

 

Member Links...

 

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The BABCNE is grateful to:  

Kate Walsh, editorial assistance

Ashley Fontes, newsletter design 

 

 

 

BABCNE Contact Info:

 

Lewis Wharf, Suite 523

Boston, MA 02110

 

Tel: 617 720 3622

Fax: 617 720 4331

 

Email:

babcne@comcast.net

 

Web:

www.babcne.org

 

Welcome to the BABC-New England Newsletter
From the Executive Director

 

Some good news on exports. Massachusetts ranked 14th in the US, and first in NE, with $26.3 billion in international exports in 2010. This represents an 11.3 percent increase from the previous year's export value, while national exports increased by 21.0 percent. Total exports from NE also grew 17.5 percent, indicating a positive trend.

 

-       Computer and electronic parts accounted for most of the exports coming in at 28.5%, the least being electrical equipment, appliances, and component at 2.1%.

-       The top five export destinations in 2010 were (in order): the UK, Canada, China mainland, Japan, Germany.    

-       The UK was our top trading partner in 2009 and 2010 and replaced Canada, our top trading partner in 2008.

 

Source: Boston Redevelopment Authority  more 

MassBenchmarks - economic and social data source more 

 

This newsletter and the BABCNE fall calendar, are focused on helping you grow your company by providing business intelligence and networking opportunities. Make your fall event reservations now 

      

We will also be sharing some pointers on marketing your company through social media and preparing for a trade mission which are proven ways of expanding your business outreach. We encourage you to check the BABCNE Resources section of our website, which provides a wealth of useful links for those engaged in US/UK trade initiatives. 

 

Also listed are the UK delegations coming to Boston, organized by UK Trade & Investment, British Consulate General, and a list of US trade shows to be held here in the fall, to help you plan your marketing strategy.

 

Is your company organizing an event that may be of interest and help to fellow members? Or have job openings? Let the BABCNE office know and we will share the information.

 

We look forward to welcoming you soon.

With best regards,

Urszula Wojciechowska

      

Recent News

Investment report reveals UK strengths

 

A report by UK Trade & Investment shows that companies investing in the UK are staying, growing and succeeding. You can find out more about what makes the UK the number one destination in Europe for business in the UK Inward Investment Report for 2010/11.

 

UK manufacturers report healthy order books - CBI survey

 

UK manufacturers expect further output growth in the coming quarter, according to the Confederation of British Industry. more 

   

Tech City

 

In November 2010, Prime Minister David Cameron announced plans for 'Tech City' which will be Europe's largest technology hub occupying East London's 2012 Olympic space following the games.

 

Thus far, Tech City has several partners committed to developing the technology hub such as Google, Facebook, Twitter and Intel. These companies will have a presence within the hub while companies such as BT and Barclays are also taking part in developments. Additionally, the Technology Strategy Board has been accepting applications from competing digital startup companies to provide 100,000 to ten successful applicants. Due to the high volume of impressive applications, the original budget of 1,000,000 has been increased to 2,000,000. This latest budgetary increase for small businesses proposes to fulfill Mr. Cameron's goals of supporting innovative companies of tomorrow and creating new, sustainable growth in the UK. more 

 

The Duke & Duchess of Cambridge support British Business  

 

Kate and Will

The newlyweds have gone straight to work promoting Britain's tech and show business scenes and finding new ways of developing jobs in America and Britain. Following their trip to Canada, William and Catherine flew to Los Angeles where they attended a reception hosted by UK Trade and Investment, British Consulate General, and were welcomed by the UK Ambassador to the US, Sir Nigel Sheinwald. As part of their three-day trip to the US, they first visited the New Media Summit where the couple viewed the technology on display such as the HP TouchPad, on which William is said to have Googled Birmingham's football club, Aston Villa.  They also attended the inaugural BAFTA "Brits to Watch" event at the Belasco Theatre.

   

Interview with the Ambassador

 

Sir Nigel Sheinwald, the UK Ambassador to the US, recently spent some time speaking with the Huffington Post to discuss the "extraordinarily effective alliance" between the two nations. Sir Nigel reflected on both the cultural and political relationship that has been forged over the past two centuries. Leaving his post as UK Ambassador to the US, Sir Nigel and his family are due to return to England in January 2012.

more 

 

London 2012 Olympics - looking for business opportunities?

 

In a special cermoney on July  27, in Trafalgar Square, Her Royal Highness, The Princess Royal with Lord Sebastian Coe, London 2012 Organizing Committee Chair, unveiled the 2012 Olympic medals to mark the 'one-year to go point'. With only twelve months till the opening ceremonies, there is still much work to be done with over 700,000,000 in contracts to be awarded. Companies interested in contributing to the 2012 Olympics can find possible opportunities through CompeteFor, a free service outlining opportunities for new business for both the Olympics and after. more 

   

Update on the London 2012 Olympics   more 

   

Paralympic Games

 

Ticket applications open for the London 2012 Paralympic Games on September 9, 2011. To help you plan your Games experience, we are providing the link for full competition schedule and tickets.

Social Media

The Use of Social Media in Marketing

 

Get tips on how to optimize success on your next trade mission from Wallwork Curry McKenna's Richard McKenna. more

 

BABCNE Social Media

 

To continue networking with BABCNE colleagues between events, join the BABCNE groups on LinkedIn and Facebook. Also follow us on Twitter. Links are located on the left-hand side.

 

Trade Missions

 Phil Trade

Following the very successful trade mission to London and Cambridge, UK, in March, led by Massachusetts Governor Deval Patrick and follow-up business forum and reception at the State House in June, organized by the British Consulate General, Boston, we thought you may find it of interest to learn how to make the most of the opportunities trade missions present to companies looking for new markets.  Dr. Phil Budden, HM Consul General and BABCNE President Richard Sotell attended the London/Cambridge mission, while BABCNE Director Richard McKenna, attended the mission to Liverpool. Richard shares some thoughts below.

                       

Mr. McKenna Goes to Liverpool

 

Trade missions can help expand your professional network during these difficult economic times. Get tips from Wallwork Curry McKenna's Richard McKenna on how to optimize success on your next trade mission.  more 

 

Boston, Liverpool build ties 

Cities form kinship with opportunities for businesses                           By Kevin Cullen, Globe Staff more

 
Resources to help companies grow

BABCNE Resources

Utilize the BABCNE Resources page to find appropriate links to learn about government offices, business associations and trade contacts, cultural and travel information, as well as news and general information regarding both the US and UK.  more

 

Want to market your company to fellow members?

Post a special offer on the BABC network website, which reaches over 10,000 executives involved in transatlantic trade.  more 

 

Did you know that members have access to a variety of business information databases at a highly discounted rate, including Amadeus and Icarus. more

  

Thinking of bringing over trainees from the UK?

The BABC members have access to the J1 Visa Program which provides an expedient, cost-effective way for member companies to bring qualified executives into the US for up to 18 months of training and work experience. more

 

BABC Policy Committee

As well as maintaining an active policy program to promote its members' policy interests with the US and UK Governments, the BABC issues updates to all member companies on key US, UK and EU policy issues through its Policy Focus.

 

If you have concerns/issues that you would like the Policy Committee to look at, please contact the BABCNE office.

Recent committee actions and policy reviews

 

BABC Network Investment News

This monthly summary of US/UK economic data, investment indicators and recent investments in the US/UK, can be viewed on our website.

more  

 

Latest summaries: UK 

  • Gross domestic product (GDP) grew by 0.5% in the latest quarter, unrevised from the growth previously published. GDP in the first quarter of 2011 is now 1.8% higher than the first quarter of 2010.
  • CPI annual inflation was 4.5% in April 2011, up from 4.0% in March. In the year to April, RPI annual inflation was 5.2%, down from 5.3% in March.
  • Output price annual inflation for all manufactured products rose 5.3% in April 2011. Input price annual inflation rose 17.6% in April, compared with a rise of 14.8% in the year to March.
  • In the first quarter of 2011, annual inflation for the aggregate of selected services producer price indices (SPPI) rose 2.9% compared with a rise of 2.7% in the fourth quarter of 2010.
  • Year on year, output of the Service sector for March 2011 rose 1.0% compared with March 2010.
  • Year on year, overall production output in March 2011 was 0.7% higher than in March 2010.
  • Total manufacturing output increased by 2.7% in March 2011 compared to the same month a year ago.

 

Latest Summaries: US 

  • Real GDP grew at an annual rate of 1.8% in the first quarter of 2011. This follows a growth rate of 3.1% in the fourth quarter of 2010.
  • Corporate profits grew 2.3% in the fourth quarter of 2010 and 29.2% in 2010 overall.
  • Personal income increased $38.1 billion, or 0.3%, and disposable personal income (DPI) increased $36.0 billion, or 0.3%, in February 2011. Personal consumption expenditures (PCE) increased $69.1 billion, or 0.7%.
  • The March 2011 international trade deficit grew 6.0%, to $48.2 billion. Exports rose by 4.6%, to $172.7 billion. Imports increased 4.9%, to $220.8 billion.
  • The U.S. current-account deficit decreased to $113.3 billion, or 3.1% of GDP in the fourth quarter of 2010, down from $125.5 billion in the third quarter of 2010, or 3.4% of GDP. 

UK Trade & Investment, British Consulate General, will be glad to help you if you are looking to expand or do business in the UK.

Contact: Kirsten Chambers, Consul and Head of Trade & Investment

Kirsten.chambers@fco.gov.uk  617.245.4509

Immigration Update 

By Steve Clark, Flynn & Clark, P.C. (Cambridge, MA)

 

Immigration's War on Small Business: Can We Have an Immigration Stimulus Package?

 

We all know that small businesses create the lion's share of our jobs and that immigrants outstrip their US counterparts when it comes to founding successful small businesses. more


Save the date! Market your company at this special event 

25th Anniversary Christmas Luncheon  

Friday, December 2, 2011

 

The British American Business Council of New England, Inc. presents its annual Christmas extravaganza.

This fun filled venue enables members, guests and the British community in New England, to gather together and enjoy a traditional British holiday gathering. There will be entertainment, a raffle and gifts for all.

 

This is the major fund-raising event of the BABCNE and helps our efforts to promote and develop transatlantic business and cultural relationships between NE and the UK.

 

Fun at the Cayman Islands - last year grand raffle prize winner, Andrew Cockerill of BP.

Cayman Winners 

Our thanks to the Coral Stone Club & American Airlines for their support

 

Companies are invited to consider promoting themselves by becoming a sponsor or donating a prize for this enjoyable event, eagerly anticipated by the business community. Please contact Urszula at the BABCNE office for details ASAP.  Sponsorship opportunities 

 

Raffle donation form more 

 

Sponsors to date: 

logos

 

Last year's sponsors & prizes 

 

Time: Reception 11:30a.m. - 12:15a.m.,  Festive luncheon: 12:30p.m. - 2:30p.m.

Location: Harvard Club of Boston, 374 Commonwealth Avenue, Boston

 

Reservations 

 

Corporate table of 10, $1,500; individual reservation, $175. There are only 30 tables available. These sell quickly, so early reservations are advised. Full payment is a MUST by November 21 to guarantee your reservation. Names of guests are requested before the Thanksgiving holiday. Regrettably, no refunds, but names of guests can be substituted.  

Walkers


Trade delegations from the UK

Organized by the British Consulate General, Boston

 

Health in Aging

October 24 - 27, 2011

Three to four day Boston visit to participate in a signature Health in Aging Congress, with options to participate in the MassMedic Medtech Investors Conference and/or Boston World Health Forum 

Potential for company pitches to New England Venture Capitalists, bespoke meeting programs with potential partners and collaborators, tailored receptions and networking opportunities.

Interested in learning more? Contact: Anne Avidon, Vice Consul Anne.Avidon@fco.gov.uk  617.245.4573

 

Clean tech

First week of November, 2011

UK Trade and Investment, British Consulate General, is hosting a clean tech trade mission to coincide with Massachusetts Global Clean Energy Week. Delegates will participate in the 7th Massachusetts Clean Energy Conference on November 1 and engage with policy and business officials to strengthen and build clean tech commercial relations.

Contact: Rob Dietel, Vice Consul

rob.dietel@fco.gov.uk  617.245.4507

 

Homeland Security

November 14 - 18, 2011

Three day Boston program to coincide with the IEEE International Conference on Technologies for Homeland Security. In partnership with the Mass High Tech Council and its Innovation Access Network UK Trade & Investment will provide matchmaking and partnering services for all delegates. 

Contact: Anne Avidon, Vice Consul

Anne.Avidon@fco.gov.uk 617.245.4573

 

 

Upcoming Trade Shows in Boston

BioPharma
 

September 7 - 9, 2011

4th Annual International Partnering Conference BioPharma America 2011

Westin Boston, Boston, MA

more  

 

September 21 - 22, 2011

Predictive In Vitro Models

Double Tree Suites Hilton, Boston, MA

more   

 

November, 7 - 8, 2011

Infectious Diseases World Summit

Omni Parker House, Boston, MA

more

    

Clean Tech

September 27 - 28, 2011

3rd Annual Water Innovations Alliance Conference

Seaport World Trade Center, Boston, MA

more

 

Financial

September 21-23, 2011

Endowment & Foundation Forum

Boston Marriott Long Wharf, Boston, MA

more

 

October 12, 2011

Women Advisors Forum

Colonnade Hotel, Boston, MA

more

 

November 1 - 3, 2011

2001 Governance, Risk Management and Compliance Summit

Hilton Back Bay, Boston, MA

more

 

November 6 - 9, 2011

AFP Annual Conference

Boston Convention And Exhibition Center, Boston, MA

more

 

Homeland Security

November 15 - 17, 2011        

2011 IEEE Conference on Technologies for Homeland Security (HST '11), Westin Hotel, Waltham, MA

more

 

Pharmaceutical

September 19 - 21, 2011

15th Annual eClinical Integration Summit

Seaport Hotel and World Trade Center Boston, Boston, MA

more

 

September 19 - 21, 2011

4th Annual BioRepositories 2011

Seaport Hotel and World Trade Center Boston, Boston, MA

more

 

September 19 - 21, 2011

9th Annual Central Labs

Seaport World Trade Center, Boston, MA

more

 

September 19 - 21, 2011

The Cell Therapy Commercialization Summit

Seaport World Trade Center, Boston, MA

more  

 

September 19 - 21, 2011

Clinical Business Expo

Seaport World Trade Center, Boston, MA

more

 

September 19 - 21, 2011

3rd Annual Business of Biosimilars & Biobetters

Seaport World Trade Center, Boston, MA

more

 

September 20 - 21, 2011

8th Annual Project & Portfolio Management for the Drug & Device Industry

Sheraton Seaport, Boston, MA

more

 

October 3 - 4, 2011

Pharmaceutical Competitive Intelligence and New Product Planning Conference

more

 

November 2-3, 2011

6th Annual Digital Innovation in Pharma Summit 2011

The Radisson Boston, Boston, MA

more

  

November 2 - 4, 2011

Discovery on Target - Novel Drug Targets

Park Plaza Hotel & Towers, Boston, MA

more

 

November 9 - 10, 2011

Drug Development Boot Camp

The Harvard Club, Boston, MA

more  

 

November 15 - November 16 2011, Boston, MA

Biomarker Applications for Improved Clinical Trial Outcomes

Hilton Boston Back Bay, Boston, MA

more