OUR PREMIER MEMBERS
Welcome to the 4th edition of International Delaware® the yearly magazine of World Trade Center Delaware
The World Trade Center Delaware has released its fourth edition of International Delaware Magazine which focuses on Delaware's growing FinTech industry.
“Little did we know when we first discussed the theme for this issue just how timely this edition would be,” said World Trade Center Delaware President Carla Stone. “The use of IT and e-commerce exploded during the past eight months as people sought to limit contact with others in an effort to prevent the spread of the coronavirus. It is clear that financial technology services, or FinTech, is here to stay and will only grow in the future.”
The foundation for FinTech in Delaware was laid in 1981, when then-Gov. Pierre S. du Pont IV signed the Financial Center Development Act, legislation designed to increase employment in the banking and financial services sector by attracting out-of-state institutions to establish subsidiaries in Delaware. Today, Delaware, despite its tiny population, is one of the world's great financial centers. Over 75% of all FinTech investment in the Philadelphia region is found in Delaware and it has the highest concentration of financial services employment in the entire country according to a study by Delaware Prosperity Partnership. The study, "Delaware in a FinTech Future," reported that Delaware ranks No. 1 per capita for the number of FinTech patents issued over the past ten years in the U.S. and No. 5 overall.
Discover Bank, this issue's presenting sponsor, is making a significant contribution to Delaware's FinTech future. In partnership with the University of Delaware and Delaware Technology Park, Discover is building a new 100,000-square-foot center for FinTech innovation on the university's Science Technology and Advanced Research (STAR) Campus that will combine the prowess of academia, government, and industry to support and grow FinTech's future in Delaware. “We thank Discover and all of our partners who have made this issue of International Delaware possible,” Stone said. “Tens of thousands of readers around the world will learn what we already know: FinTech is the future of commerce and Delaware is its home.”
“Little did we know when we first discussed the theme for this issue just how timely this edition would be,” said World Trade Center Delaware President Carla Stone. “The use of IT and e-commerce exploded during the past eight months as people sought to limit contact with others in an effort to prevent the spread of the coronavirus. It is clear that financial technology services, or FinTech, is here to stay and will only grow in the future.”
The foundation for FinTech in Delaware was laid in 1981, when then-Gov. Pierre S. du Pont IV signed the Financial Center Development Act, legislation designed to increase employment in the banking and financial services sector by attracting out-of-state institutions to establish subsidiaries in Delaware. Today, Delaware, despite its tiny population, is one of the world's great financial centers. Over 75% of all FinTech investment in the Philadelphia region is found in Delaware and it has the highest concentration of financial services employment in the entire country according to a study by Delaware Prosperity Partnership. The study, "Delaware in a FinTech Future," reported that Delaware ranks No. 1 per capita for the number of FinTech patents issued over the past ten years in the U.S. and No. 5 overall.
Discover Bank, this issue's presenting sponsor, is making a significant contribution to Delaware's FinTech future. In partnership with the University of Delaware and Delaware Technology Park, Discover is building a new 100,000-square-foot center for FinTech innovation on the university's Science Technology and Advanced Research (STAR) Campus that will combine the prowess of academia, government, and industry to support and grow FinTech's future in Delaware. “We thank Discover and all of our partners who have made this issue of International Delaware possible,” Stone said. “Tens of thousands of readers around the world will learn what we already know: FinTech is the future of commerce and Delaware is its home.”
WTC Delaware Reopens June 1
To the World Trade Center Delaware Community,
As May draws to a close, we are beginning to breathe a very tentative sigh of relief. We are reopening the World Trade Center Delaware office on Monday, June 1st. While we are very happy to get back to our new building, we are exercising caution and following the Governor's COVID-19 reopening guidelines. Visitors will be welcomed by appointment only and all visitors and staff must wear masks. In the meantime, we will continue to provide all of our normal services, just at a distance.
Please feel free to email or call us at any time with your trade and international business questions. And be sure to visit our web page, www.wtcde.com for the latest international trade information and resources and our LinkedIn, Facebook, and Twitter pages.
Best regards,
To the World Trade Center Delaware Community,
As May draws to a close, we are beginning to breathe a very tentative sigh of relief. We are reopening the World Trade Center Delaware office on Monday, June 1st. While we are very happy to get back to our new building, we are exercising caution and following the Governor's COVID-19 reopening guidelines. Visitors will be welcomed by appointment only and all visitors and staff must wear masks. In the meantime, we will continue to provide all of our normal services, just at a distance.
Please feel free to email or call us at any time with your trade and international business questions. And be sure to visit our web page, www.wtcde.com for the latest international trade information and resources and our LinkedIn, Facebook, and Twitter pages.
Best regards,
Carla Sydney Stone
President
President
World Trade Center ® Delaware is the State’s premier international business resource. As one of 320 World Trade Centers Association members in over 90 countries with more than 15,000 employees, we have the resources to help companies of all sizes. WTC Delaware is agile and efficient in meeting the needs of the companies, government agencies, academic institutions, and Nongovernmental organizations throughout the Delaware Valley region and internationally. Our members come from Delaware, surrounding states, and overseas.
Our partnerships include: the U.S. Trade and Investment Strategic Partner with the International Trade Administration, U.S. Department of Commerce; the US Agency for International Development’s Making Global Local (MGL) Partner for Delaware; and EXIM Bank’s Regional Export Promotion Partner (REPP). Our international partnerships include: Agreement of Collaboration with the Government of Mexico to increase bilateral trade. In recognition of Delaware’s leadership in agriculture, we are a signatory and member of the World Trade Centers Association Agriculture Member Advisory Council. We partner with DevelopmentAid.org.
Our partnerships include: the U.S. Trade and Investment Strategic Partner with the International Trade Administration, U.S. Department of Commerce; the US Agency for International Development’s Making Global Local (MGL) Partner for Delaware; and EXIM Bank’s Regional Export Promotion Partner (REPP). Our international partnerships include: Agreement of Collaboration with the Government of Mexico to increase bilateral trade. In recognition of Delaware’s leadership in agriculture, we are a signatory and member of the World Trade Centers Association Agriculture Member Advisory Council. We partner with DevelopmentAid.org.
July/June 2020 Events Recap
July 22, 2020 - Trade Finance Tools for U.S. Exporters
If you were unable to join our webinar, we have made it available for download, free of charge!
June 26, 2020 - Market Your Products in the Caribbean
We are happy to announce that we are co-sponsoring the U.S. Commercial Service Trade Mission to the Caribbean Region. Last Friday, June 26, we hosted a webinar about the Caribbean Region with the US Commercial Service, Port to Port International, and the GT USA Wilmington/ Port of Wilmington. The Caribbean region is the third largest market for US goods and services in Latin America. It imported over $21 billion of U.S. goods in 2018. The Caribbean region is a natural commercial partner of the United States, and especially Delaware, as we are tied closely together by geography, history, and culture and trade. There is a huge demand for U.S.-made products and services in the region. The Trade Mission and Conference will be November 15-20 to the countries of Barbados and the Eastern Caribbean, the Dominican Republic, Haiti, Jamaica, Guyana, Suriname, The Bahamas, Trinidad and Tobago. The Conference will take place in Bridgeton, Barbados on November 15-16. For more information, please click here!
Market Your Products & Services in the Caribbean Region
Password: mYjMKQT2
June 17, 2020 - Preparing to Import and Export under the USMCA: Strategies for Using the New USMCA to Gain a Competitive Edge
On June 17th, World Trade Center Delaware presented a webinar on the new US- Mexico- Canada trade agreement which goes into effect on July 1st. Peggy Chaplin Louie, Esq. of Miller Proctor Law PLLC and Nasim Sadr-Fala, International Trade Specialist with the US Commercial Service in Philadelphia presented an in-depth overview of the USMCA, a firm understanding of the relevant rules and requirements, effective strategies for taking full advantage of this free trade agreement, and the marketing opportunities this new trade agreement brings to US exporters. The USMCA replaces and updates the decades old North American Free Trade Agreement (NAFTA). Some of the key improvements in the USMCA over NAFTA is it inclusion of provisions about intellectual property related to the internet. E-Commerce as we know it today had not been invented yet. Peggy Chaplin Louie gave an overview of the nuts and bolts of compliance, determining product eligibility and making claims under the USMCA, penalties for non-compliance, and outlined best practices for successful utilization of the USMCA. To discuss your company’s needs for navigating the new USMCA Agreement, please contact her at peggy@millerproctorlaw.com. Nasim Sadr-Fala discussed the best export marketing opportunities for US, and especially Delaware companies.
To learn more about the new USMCA Agreement, please see the slides from the webinar below:
July 22, 2020 - Trade Finance Tools for U.S. Exporters
If you were unable to join our webinar, we have made it available for download, free of charge!
June 26, 2020 - Market Your Products in the Caribbean
We are happy to announce that we are co-sponsoring the U.S. Commercial Service Trade Mission to the Caribbean Region. Last Friday, June 26, we hosted a webinar about the Caribbean Region with the US Commercial Service, Port to Port International, and the GT USA Wilmington/ Port of Wilmington. The Caribbean region is the third largest market for US goods and services in Latin America. It imported over $21 billion of U.S. goods in 2018. The Caribbean region is a natural commercial partner of the United States, and especially Delaware, as we are tied closely together by geography, history, and culture and trade. There is a huge demand for U.S.-made products and services in the region. The Trade Mission and Conference will be November 15-20 to the countries of Barbados and the Eastern Caribbean, the Dominican Republic, Haiti, Jamaica, Guyana, Suriname, The Bahamas, Trinidad and Tobago. The Conference will take place in Bridgeton, Barbados on November 15-16. For more information, please click here!
- Market Your Products in the Caribbean 1
- Market Your Products in the Caribbean 2
- Market Your Products in the Caribbean 3
- Market Your Products in the Caribbean 4
Market Your Products & Services in the Caribbean Region
Password: mYjMKQT2
June 17, 2020 - Preparing to Import and Export under the USMCA: Strategies for Using the New USMCA to Gain a Competitive Edge
On June 17th, World Trade Center Delaware presented a webinar on the new US- Mexico- Canada trade agreement which goes into effect on July 1st. Peggy Chaplin Louie, Esq. of Miller Proctor Law PLLC and Nasim Sadr-Fala, International Trade Specialist with the US Commercial Service in Philadelphia presented an in-depth overview of the USMCA, a firm understanding of the relevant rules and requirements, effective strategies for taking full advantage of this free trade agreement, and the marketing opportunities this new trade agreement brings to US exporters. The USMCA replaces and updates the decades old North American Free Trade Agreement (NAFTA). Some of the key improvements in the USMCA over NAFTA is it inclusion of provisions about intellectual property related to the internet. E-Commerce as we know it today had not been invented yet. Peggy Chaplin Louie gave an overview of the nuts and bolts of compliance, determining product eligibility and making claims under the USMCA, penalties for non-compliance, and outlined best practices for successful utilization of the USMCA. To discuss your company’s needs for navigating the new USMCA Agreement, please contact her at peggy@millerproctorlaw.com. Nasim Sadr-Fala discussed the best export marketing opportunities for US, and especially Delaware companies.
To learn more about the new USMCA Agreement, please see the slides from the webinar below:
Showcasing Delaware at Nasdaq
Since collaboration is Delaware's second name, when World Trade Center Delaware was invited to be interviewed on Nasdaq Spotlight and appear at the Closing Bell, we invited the Port of Wilmington and Delaware's Treasurer.
Since collaboration is Delaware's second name, when World Trade Center Delaware was invited to be interviewed on Nasdaq Spotlight and appear at the Closing Bell, we invited the Port of Wilmington and Delaware's Treasurer.
From left to right: George E. Kearns, Member of WTC Delaware Board of Directors, Chairman and CEO, C-MCC Development Group, LLC.; Kathryn Bradley, Director of Strategic Communication, GT USA Wilmington (Gulftainer/Port of Wilmington); Nesrin Cakiroglu, Training & Development Specialist, World Trade Center Delaware; Carla Sydney Stone, President, World Trade Center Delaware; Colleen Davis, Delaware State Treasurer; Davis Harriss, V.P. Commercial Operations, GT USA Wilmington (Gulftainer/Port of Wilmington).
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World Trade Center Delaware Gala 2020 POSTPONED! A new date will be announced! |
Secretary of State
Jeffrey W. Bullock Honoring the Secretary of State of Delaware, Jeffrey W. Bullock, with the WTC Delaware Champion of Trade Award! |
2019 WTC Delaware gala
Upcoming Events
Welcome to the 3rd edition of International Delaware® the yearly magazine of World Trade Center Delaware.
This year, we are focusing on agriculture, Delaware’s largest industry. Agriculture, and the technology necessary to produce, process, transport, preserve, and market food, form the backbone of international trade for countries around the globe. Delaware is a leader in both agricultural production and the technology to deliver food quickly and safely to consumers. Our expertise in poultry production and processing is world renowned. Sussex County is the number one poultry producer in the entire United States. We also are the leading lima beans producer and rank in the top 10 for watermelon production. The Port of Wilmington has more dockside cold storage than any other port in the entire United States. Each year, delegations come from all over the world to learn about agriscience and precision agriculture from our companies, universities, and research institutions to help them improve seed production, cold chain, water and soil protection, aquaculture, and disease prevention and control, among many needs. International companies locate in Delaware to take advantage of our innovation nurturing environment. Please enjoy reading all of the articles. Be sure to contact us for more information and to learn how the World Trade Center Delaware can help you to achieve your business goals. To read/download your copy, please click the image above.
2018 Edition
Introducing International Delaware© Magazine and Guide to Trade Welcome to the second edition of International Delaware©, a collaboration between the World Trade Center® Delaware and Delaware Business Times. This issue introduces Delaware as the Eastern Gateway to the United States. Our seamless transportation, logistics and distribution system connects all locations and industries within Delaware to the rest of the country. Our physical advantages include being ideally located with a thriving and expanding water port, major interstate highways, passenger and cargo railroad lines, inland ports and distribution centers, the sea level Chesapeake and Delaware (C & D) Canal, and, airports in all three counties. Our alternative Foreign Trade Zone site framework allows for the creation of FTZs anywhere in the state, expanding the logistics and distribution advantages Delaware offers to companies around the world. To read/download your copy, please click the image above! |
2017 Edition
World Trade Center Delaware Produces International Business Magazine and Guide to Trade Partnering with Delaware Business Times, World Trade Center Delaware produced World Trade Center International Business magazine, a primer to international trade and culture in the form of a special DBT supplement section to provide information for businesses that want to engage in international trade. It is a directory of services for those that want to do business globally and features Delaware’s leading international companies, large and small. It shows just why businesses from around the world choose to locate and flourish in Delaware. This directory and informational supplement will be used by WTC Delaware, State of Delaware and Federal government agencies, and partners, members, and readers around the world throughout the year. To read/download your copy, please click the image above. |
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