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President's Letter
Dear BABC Members and Friends, Happy New Year! It is an honor to address you for the first time as President of the BABC. I recently took over from Hope Krebs, who led the organization for more than two years through successful programs and events, membership growth, and the development of our young professionals group. This is just to mention a few of her many accomplishments and contributions. We are grateful to Hope for her outstanding leadership and contribution to the BABC. The New Year brings with it change and new programs as well. |
WINTER 2014
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Club Level Feature International Business No Longer the Domain of Multinationals Financing Available for Medium and Small Businesses Looking for Global Growth By Christer Andresen and Gregory Carlisle, HSBC Bank USA, N.A. Not too long ago, being a global brand was reserved for large Fortune 500 companies. With the world more connected than ever, international business is now no longer the realm of big corporations. According to the US Commerce Department, 95 percent of potential customers for US goods and services live outside of the US. Additionally, US exports will increasingly find their way to rapidly growing consumer markets in developing economies as growth prospects for industrialized nations remain subdued, according to research from HSBC. Driven by advancements in technology and expanding reliance on the internet, the doors to global opportunities are now open to US businesses of all sizes and there are a variety of financing options to help them grow. Making it Happen Financing and financial risks can often make or break international trade deals. In fact, some companies even pass up profitable overseas business because of concerns over these issues. Today, however, Philadelphia medium and small businesses seeking to expand abroad have a number of financing options and partners to help them. | ||||||||||||||||||||||||
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UK Trade Mission Recap “The Philadelphia delegation to the UK was a great success and we already have a number of British companies visiting Philadelphia considering a US presence,” said Mayor Michael A. Nutter. “I want to thank the British American Business Council for both your work on this trip and your work year-round to support and grow the British business community in Philadelphia.” The BABC was honored to join Mayor Michael A. Nutter on his first official trade mission to the United Kingdom from November 4 – 6, 2013 along with 13 delegate companies from Philadelphia. UK Trade & Investment (UKTI) collaborated with The City of Philadelphia to build the mission and select the companies who accompanied the Mayor to explore business opportunities, and enhance current and establish new valuable contacts. The mission promoted Philadelphia as a hub for global growth, and served to generate new FDI projects from the region for the UK. | ||||||||||||||||||||||||
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UPCOMING PROGRAMS
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EVENT RECAPS Exclusive Business Meeting and Reception with Sir Peter Westmacott, British Ambassador to the United States and Alan B. Levin, Secretary, Delaware Economic Development Office On Wednesday, September 18, 2013 the BABC partnered with the State of Delaware and United Kingdom Trade & Investment (UKTI) to host an exclusive meeting and reception with Sir Peter Westmacott, British Ambassador to the United States and Alan B. Levin, Secretary, Delaware Economic Development Office. Corporate Sustainability: Responsible Strategies for Global Growth On Thursday, October 3, 2013 more than nearly 100 executives from the international business community gathered for the British American Business Council of Greater Philadelphia's Corporate Sustainability — Responsible Strategies for Global Growth tour and business roundtable seminar at GlaxoSmithKline’s (GSK) new facility at the Philadelphia Navy Yard. The full program agenda included networking, a brief tour and explanation of the Double LEED Platinum Certified building, and the seminar. Meet the CEO of Air Liquide USA LLC On Thursday, November 21, 2013 more than 100 members of the Greater Philadelphia region international business community gathered for the French-American Chamber of Commerce of Philadelphia's Meet the CEO event at the Sheraton Society Hill Hotel in Philadelphia. The event was hosted in partnership with the British American Business Council of Greater Philadelphia and the Chilean & American Chamber of Commerce of Greater Philadelphia. The guest of honor was John Buckley, Chief Executive Officer of Air Liquide USA LLC, who oversees Air Liquide's Industrial Merchant, Electronics, Finance and Large Industries businesses, as well as IT, Procurement, Safety, Legal, Communications and Human Resources and also serves as a key member of the Americas Zone leadership team. BABC Annual Holiday Luncheon On Wednesday, December 11, 2013, the BABC Greater Philadelphia hosted its Annual Holiday Luncheon Celebrating British Arts & Culture & the Season to be Jolly, featuring Derek Gillman, Former President and Executive Director of the Barnes Foundation as the keynote speaker and The Honorable Michael A. Nutter, Mayor of Philadelphia as the special guest. Approximately 200 people gathered for the BABC's signature event in the Grand Ballroom of The Ritz Carlton, Philadelphia. | ||||||||||||||||||||||||
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HUMAN INTEREST FEATURE The History and Making of Scotch Whisky By: Kira Greenlee, BABC Coordinator, Temple University On Wednesday, December 11, 2013 the BABC hosted its Annual Holiday Luncheon, Celebrating British Arts & Culture and the Season to be Jolly. During the luncheon Charlie Whitfield, Brand Ambassador for the Edrington Group, led attendees through an educational and entertaining whisky tasting. The whiskies BABC members and friends enjoyed during the event were the Macallan Sherry Oak 12yr and the Macallan Fine Oak 15yr — both single malt Scotch whiskies aged to perfection. The BABC Scotch Whisky tasting was received with such applause we decided to include this special human interest feature on the topic. In the words of the Whisky Master himself, Charlie stated, “It was an honor to be part of the 2013 BABC Holiday Luncheon, to have the chance to talk a little about the fascinating history and processes of Scotch whisky, and to share some of the golden nectar!” Scotch Whisky is whisky distilled in Scotland, specifically from malted barley. The earliest documented record of distilling in Scotland occurred as long ago as 1494. The “Exchequer Rolls” (tax records) from this time include the following entry: “Eight bolls of malt to Friar John Cor wherewith to make aqua vitae” (water of life). This amount was sufficient enough to produce almost 1,500 bottles, suggesting that the distilling process was already well established. Until advances in the practice were made between the 16th and 17th century, however, the spirits produced before then were extremely potent and occasionally harmful. Initially whisky was taken for its medicinal qualities, being prescribed for the preservation of health, the prolongation of life, and for the relief of colic, palsy and even smallpox. | ||||||||||||||||||||||||
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BABC NEW MEMBERS The BABC of Greater Philadelphia is pleased to formally announce and welcome our newest members. Corporate:
Radisson Blu Warwick Philadelphia Individual:
Paul J. Schoff, Esq. | ||||||||||||||||||||||||
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Stay Informed
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The British American Business Council of Greater Philadelphia is an Affiliate of the Greater Philadelphia Chamber of Commerce. | ||||||||||||||||||||||||
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British American Business Council / 200 S. Broad Street, Suite 700 / Philadelphia, PA 19102 www.babcphiladelphia.com/ Click here to be removed from this list | ||||||||||||||||||||||||
