Partnerships with
Nashville Business Community
World Trade Council of Middle
Tennessee (WTC)
The World Trade Council of Middle
Tennessee was formed over 25 years ago to promote participation in
international trade by local business interests. Its activities
aim at developing better techniques in the handling of export and
import operations, obtaining and disseminating knowledge of
matters pertaining to international trade. Membership in WTC is
open to any individual, corporation, or public or private
organization, on a corporate or individual basis. The WTC is
governed by a Board of Directors which meets twice each year.
WTC activities include monthly
dinner meetings featuring speakers who address themes dealing with
international trade. Two big events bring out large crowds: the
annual summer party in July and the Ports and Flags Banquet in the
fall. The latter is jointly organized with the Nashville Area
Chamber of Commerce. Because Nashville is a hub for transportation
in the southeast region, many of the members of the WTC are
engaged in the freight forwarding business.
The WTC annually awards
Scholarships to university students who have competed in an essay
competition on international themes. For the sixth year in a row,
TSU students have captured at least one place in the
competition, and on two occasions have won both first and
second. Awards are presented at the WTC Ports and
Flags Banquet.
Click here for our 2006 group picture.
2006 Essay
Competition Winners
For 2006, the First Place Winner
and recipient of a $2,500 scholarship was
Mr. Alan Enzo, a Master of
Business Administration Candidate here at TSU. Mr. Enzo
will be finishing up his MBA in Spring 2007. He will
continue his graduate studies toward a PhD and eventually plans
to teach Master's-level Business courses as well as working in
the areas of Higher Education Policy and Administration.
Click
here to read his winning essay! Mr. Enzo's essay will
be published in the academic journal: "Nashville Area Business
and Economic Review - 2007", published by TSU's Office of
Business and Economic Research.
Also for 2006, Third Place Winner
and recipient of a $1000 scholarship was
Ms. Susan
Lynn.
Click here to read her winning essay!
Finally for 2006, Third Place Tie
winner was
Mr. William Clements.
Click here to read his winning essay!
In
2005,
First place winner and recipient of a $2000 scholarship was
Mr. James A. Patton, Jr., a senior majoring in Economics and
Finance. James currently serves as an intern with New York Life
Insurance Co. and plans to make the financial services and
insurance industry his career.
Click here to read his winning essay!
In
2005, Second place winner and recipient of a $1000 scholarship
was
Mr. Russell Harrison, Master’s degree student in
Agriculture. Mr. Harrison is pursuing a degree in Agribusiness
with an emphasis in biotechnology and plans to pursue a career
in the biotech field.
Click here to read his winning essay!
In 2004, second prize went to
Mr. Andre Moore, who addressed the
assigned topic: “Election 2004: The Impact on World Trade.”
In 2003, second prize went to
Mr.
Anis Mnif, MBA Student in the College of Business and Graduate
Assistant in the Office of International Business Programs.
In 2002, second prize went to
Mr. Pius
Imafidon. TSU is proud of this distinction. An MBA student,
Mohammed Aletiwi, completed an internship with the WTC which
involved working on the WTC membership database.
In 2001, first prize ($2500) went to
Ms. Jackie Ojuka-Onedo, MBA student and graduate assistant in the
Office of International Business Programs, while second
prize ($1500) went to
Ms. Nomphumelelo Dlamini, undergraduate student in the College
of Business.
Nashville Area International Business Center (NAIBC)
The combined resources of the Nashville Area International
Business Center (NAIBC) offer a range of programs to assist both
novice and experienced exporters in establishing, developing and
maintaining their presence in global markets.
Partners:
-
U.S. Department of Commerce Nashville Export Assistance Center
(USDOC)
-
International Trade Center - Tennessee Small Business
Development Center (ITC-TSBDC)
-
International Business Council of the Nashville Area Chamber
of Commerce (IBC) Board of Directors of the IBC (IBC Board)
Associates:
-
Tennessee Department of Agriculture
-
Nashville Airport Authority
-
World Trade Council of Middle Tennessee
Since 2001, NAIBC and its partners have initiated a
comprehensive effort to promote international trade called Go
International. According to the United States Department of
Commerce, every billion dollars of U.S. exports supports 20,000
American jobs paying on average 17% more than equivalent jobs
unrelated to exports. Statewide, this metric equates to over
200,000 Tennessee jobs dependent on exports with around 80,000
of them in the mid-state. The faster international business
growth from middle Tennessee can expand, the faster more quality
jobs can be added to secure the economic future of the region.
The Go International Campaign is designed to help accelerate
international business growth.
Go International doesn't stop
at simply selling companies on the benefits of conducting
international business. Participating companies have access to a
portfolio of services to assist them in all stages of
successfully exploring and assessing potential and entering
international markets. Important in this portfolio is "peer to
peer" access to some of the region's most successful
international companies. Go International not only focuses on
the promotion of exports but embraces all aspects of
international business including importing and foreign direct
investment.
Campaign services are facilitated by the Nashville Area
International Business Center and delivered by the combined
strengths of public and private sector organizations committed
to the economic success of the middle Tennessee region.
-
Participating companies benefit from profitable sales growth
as well as diversification of their markets.
-
Regional communities and the mid-state in general benefits
from the resulting economic stimulus and job growth.
-
Service providers to international business benefit from
additional revenue arising from increased international
business focus and activity.
The Go International campaign
features several events throughout the year, designed to help
companies connect and engage with the region's international
business community and access available resources. These include
networking receptions for both new and experienced exporters, a
year round seminar program offering a basic training in the
fundamentals of international business, and "business to business"
conferences held during the spring and fall. These events have as
their purpose to allow Nashville area companies to share their
experience and successes in international business, and to provide
a vehicle for and encourage networking among companies transacting
or potentially transacting international business. Trade Missions
of Middle Tennessee firms travel abroad to meet first hand with
prospective business partners.
Nashville Area Chamber of Commerce (International
Business Council)
The International Business Council
(IBC) is comprised of Middle Tennessee firms and organizations
that promote or are engaged in international trade. The IBC's
mission is to promote economic growth in Middle Tennessee by
encouraging and assisting local businesses to expand into
international markets through bilateral international trade. IBC
membership is open to any company, organization or individual and
is free of charge. The IBC organizes a program of events providing
opportunities for networking with the international business
community and including international business education. Such
events usually take the form of breakfasts or luncheons with
keynote speakers, seminars, receptions and other networking
opportunities. In addition, the IBC will organize outbound trade
missions and assist in hosting inbound missions. OIBP staff and
TSU students have been active in collaboration with the Chamber in
a variety of activities. The OIBP Director has served on the IBC
Board of Directors for three years and regularly takes part in IBC
initiatives.
Inbound Trade Mission Project
(2000)
In the summer of 2000, OIBP
recruited 11 interns from the College of Business to work on a
project coordinated by John Butler, the Chamber's Manager of Trade
Development. The focus of the project was to assess the interest
in hosting inbound trade missions from other countries. It
consisted of a survey of Middle Tennessee firms to determine their
level of interest. Many of the entities that would eventually be
participants in Go International were involved in the survey:
Nashville Area Chamber of Commerce
College of Business, Tennessee State University
Tennessee Valley Authority
Nashville Export Assistance Center, U.S. Department of Commerce
Tennessee SBDC, International Trade Centers
The Chamber of Commerce is frequently called upon to assist
government agencies in hosting trade missions visiting Nashville
and to provide an itinerary for the delegates. This is often done
at the last minute and consists of handing trade missions off from
one organization to another in order to fill the time it spends in
the region.
The inbound trade mission survey was an attempt to remedy the
situation by providing a fee-based service to match visiting
mission delegates with Nashville area firms to explore business
opportunities of mutual interest. Such business interests could
involve exports, imports, joint ventures, technology transfer or
other arrangements. The service would be based on the U.S.
Department of Commerce "Gold Key" programs.
The first stage of the project was to produce a database of
Nashville area companies willing to meet with visiting trade
mission delegates together with contact information, and type of
business. The database used in the survey was provided by the
Tennessee Valley Authority from its own sources as well as from
sources to which TVA subscribed. The list consisted of over 1600
firms in the following sectors: Printing & Publishing,
Non-electrical machinery, Electrical machinery, Transportation
Equipment and Health Care. A letter was sent from the Commerce to
each company on the list, describing the survey and introducing
the student making the contact.
The list of companies was then divided among the 11 students,
with each one responsible for 152 to contact. The students
developed a web site describing the project and allowing companies
to respond on line. Each student devoted 8 hours a week to the
project and received three hours of academic credit for
participation in the survey.
Although the results of the survey were quite modest, and the
anticipated fee service did not materialize, this was a good
opportunity for TSU students to be involved in practical research
and to make a contribution to the promotion of international trade
in Middle Tennessee.
Several other TSU students who have completed internships with
the Chamber and its partner organization are profiles in the
section on Internships.
Contact: John Butler, Manager Trade Development,
Nashville Area Chamber of Commerce
211 Commerce Street, Suite 100, Nashville, TN 37201, phone:
615-742-3061 fax: 615-256-6982, jbutler@nashvillechamber.com
Commercial Service of U.S. Department of Commerce
The Commercial Service is the
global business solutions unit of the U.S. Department of Commerce.
It offers U.S. companies the following services: knowledge of
markets and industries; a unique global network, inventive use of
information technology; a focus on small and mid-sized businesses,
and the clout and cachet of the U.S. government. The service helps
businesses compete and win in the global marketplace.
The Commercial Service is the
premier global business solutions provider of the Department of
Commerce, a dedicated global organization committed to achieving
customer satisfaction. The Service attempts to provide a range of
customer services: meeting and exceeding client expectations and
cultivating repeat and loyal customers. The U.S. Commercial
Service claims to be the best source of customized solutions for
U.S. business to compete and win in the global marketplace.
TSU student interns have worked
with Middle Tennessee firms that requested firm-level assistance
of the Commercial Service. They are also profiled in the section
on Internships.
Contact: Mr. Dean Peterson,
Director of the Nashville Commercial Service,
Nashville Export Assistance Center, 211 Commerce
Street, Nashville, TN 37201,
tel: 615-259-6060, email:
dean.peterson@mail.doc.gov;
website: www.usatrade.gov .
International Trade Center,
Tennessee Small Business Development Center (ITC-TSBDC)
The International Trade Center-ITC
is an additional statewide service of the Tennessee Small Business
Development Center network. ITC works with local chambers of
commerce and trade promotion organizations to inform and train
businesses interested in establishing export markets for their
products and services.
ITC provides personal confidential
consulting to Tennessee businesses that are interested in
exporting/importing. As part of the TSBDC system, ITC does not
charge for its counseling services. ITC consultants are available
to assist any Tennessee business with its international projects.
Counseling includes information on basic exporting/importing
techniques and procedures, how to research markets, how to find
trade leads and also on sources of export loans for businesses
which qualify.
TSU students have worked with the
International Trade Specialist in the Nashville office of the ITC,
assisting clients on a one-on-one basis to develop or expand their
international markets.
Contact: Mr. Patrick Spence,
Director,
ITC-SBDC, 211 Commerce Street, Nashville, TN 37201,
tel: 615-743-3058, email:
itc-nashville@memphis.edu; website:
http://www.itc-sbdc.org.
