Blog

  • 21 Dec 2016 by Jeffrey Campos

    The holidays are one of my favorite times of year as we all take time, and perhaps make the time, to give more to others and reflect on everything for which we are thankful.

    In the spirit of the holiday season, I wanted to pause for a moment and thank some of our Global Chamber “Champions” … dedicated people that help us through the year to continue our mission as a business resource organization providing vital business, education and connections.

    The first round of applause goes to the Global Chamber’s Board of Advisors, Committee Members, and volunteers representing a broad cross-section of area businesses – large and small –contributing their time, knowledge and expertise to develop, oversee and navigate the organization’s strategic plan, priorities and vision.

    I would certainly be remiss if I did not mention the Global Chamber’s Sponsors, Event Sponsors and Collaborators. Through their generous financial support, the Chamber’s vital programs and services are made possible for our Members and the communities we serve.

    And of course, our Members!  Their renewing faith and commitment to us as stewards of their investment provide the very foundation upon which the Global Chamber’s mission was created and we continue to proudly work on behalf of our businesses, our partners and our communities.

    Thank you for your commitment to defining the work of the Global Chamber through your voice. Your support as Members of this organization will help us to continue to make a positive difference for all our Members, our businesses and our community.

    Stay in touch. By working together, we will become stronger than ever.

    A very Happy New Year to you all,

     

    Jeffrey Campos, Executive Director Denver

  • 07 Dec 2016 by Global Chamber

    Global Chamber Denver Advisory Board is a global community of entrepreneurs, innovators, and thought leaders sharing a passion for international business success in Denver. Our newly created Advisory Board is made up of leaders from some of the world's most successful companies and leaders in the business community.

    This board offers input and advice pertaining to the content and development of programs, events and services geared toward chamber membership development.

    The following serve on the Advisory Board, helping Global Chamber Denver thrive:

     

    Co- Chair - Frances M. Mickelson, Cornerstone Advisors International

    Co- Chair - Emanuel Anton, Polsinelli

    Communications Committee - Francisco Miraval , Project Vision 21

    Marketing & Media Committee - Martin Alvarez, Modern Gladiator Magazine

    Education Committee– Maria Segura DPS International Studies

    Membership Committee - Louise Pumphrey, Wealth Strategies

     

    Vanessa Giacoman, Panorama Government Solutions

    Deborah Quintana, World Wide Money Exchange

    Heather Barry, Denver International Airport

    Derek Okubu, City of Denver Office of Economic Development

    Maria Velasco, Spring Institute

    Joann Thompson, Worldwide Travel Specialist

    Gilbert Cisneros, Chamber of the Americas

    John Vasquez, Newport Capital

    Douglas Jackson, Project Cure

    James Hall, The Focal Point 

    Charlie Walling, Froozer

    Larry Martinez, Glaxo, Smith, & Klein

    Nicholas Lopez, CRM Consulting

    Bashir Bataille, Geotech

    Norma Mozee, Afinidad Americas

    Marsha Barancik, Tri-Sector Strategist

    Gabriel Torres-Duvic, US Bank

    Jessica Acosta, ECS Compliance

    Daniel Armendariz, Hispanic Business TV

    Rebeca Aristizabal, RNN Architects

    Karlyn Shorb, Aurora Sister Cities

    Marcela de la Mar, Mexican Cultural Center

    Scott Nelson, Placeable

    Trevor Jones, Lynx Global Intelligence

    Pilar Camargo, Mile High Multilingual Services

    Melinda Cain, Real World Solutions

  • 18 Nov 2016 by Jeffrey Campos

    Global Chamber Denver hosted the first annual reception in honor of the Colorado Consular Corps Reception at the exclusive Buell Mansion on November 15, 2017. Held to be a tribute and recognition to our global partners. The Consular Corps is over 60 years old as an organization.  The number of countries which choose to have official representation in Colorado has grown significantly over the last ten years, as Colorado has become more linked to international business and global activities.  Ten years ago only Mexico had a "career" consulate in Colorado.  Today the United Kingdom, Japan, Canada and Peru, in addition to Mexico, have full-time professional consulates in the state.  The list of Honorary Consulates also has expanded, most recently with Morocco and Uganda establishing consulates.

    The reception’s international guest list that exceeded over 150 guest that included over 20 members of the foreign and honorary consulates, Aurora Mayor Steven Hogan, public officials from City of Denver, State of Colorado, Senator Bennet’s, Office, Congressman Coffman’s Office and business leaders from Colorado.

    Consuls recognized were from Mexico, Japan, Canada, Peru, United Kingdom, Russia, Belgium, Netherlands, Spain, Finland, Italy, Poland, Sweden, Netherlands, Denmark, Morocco, Uganda, Mongolia, Germany and Republic of Korea. Russian Consul Deb Palmieri, indicated "The event was over the top with such a great mix of attendees."

    The sponsors were extensive that included the City of Aurora Office of International and Immigrant Affairs, Visit Denver, Cornerstone Advisors International, Crestcom, JF Global, and Molson Coors.

     

    Consuls From Over 20 Countries introduced by Finland Consul Juha Makikalli

     

    Left to Right Former Mayor of Cherry Hills Village Doug Tisdale, Mayor of City of Aurora Steve Hogan and Executive Director Jeffrey Campos

     

    Buell Mansion Cherry Hills Village , Colorado

     

    Left in back - Board Member Scott Nelson speaking to John Bristol State of Colorado Office of Economic Development

    Front - Juan Materon speaking to Board Member Maria Segura

     

    Japanese Consul Makato Ito in discussion with some guest.

     

    View from outside looking in at the Consular Corps Reception!

  • 25 Sep 2016 by Jeffrey Campos

    Many of us in the 'global tribe' and who are members of Global Chamber are foodies - enjoying the diverse international cuisine available around the world! It's part of the fun of traveling and being part of the global tribe! And so we're interested in sharing the best restaurants featuring local cuisine for more people to enjoy!

    We have already started our 'best of' international restaurant series, with the best international restaurants we know of in ourcommunity.

    We are proud to announce Pizza Wars to be held on Friday October 7, 2016 at Tech Social. Six area restaurants will provide pizza to attendees, who paid $30 in advance or $40 at the door, and could vote for their favorite pizza pie.

    This unique event combines our love for Pizza, Beer & Wine.  Your ticket will include you an unlimited sampling of pizza pie’s from participating Pizzeria’s. In addition, there will be tastings of beer and wine.

    The culmination of the day will include a head-to-head battle for pizza supremacy! Each pizzeria will be competing in the following 3 categories:

    • Best Specialty
    • Best Cheese
    • Fan Vote

    A panel of celebrity judges will determine the out-come of Best Specialty & Best Cheese. Your paid admission includes 1 fan vote per adult on the evening of the event. The champions in each division will be awarded an award to proudly display in their pizzeria! To attend RSVP Here !

     

  • 06 Nov 2016 by Jeffrey Campos

    This week, Cuba released its 2016-17 portfolio of foreign direct investment (FDI) opportunities at the annual Havana International Trade Fair (FIHAV) that we were thrilled to attend. The portfolio details 396 economic development projects, 69 more projects than last year. A summarized list of key investment opportunities in a range of industries, including agricultureenergy, biotech, health care and transportation, is available below.

    Cuba releases a yearly portfolio of investment opportunities at the annual trade fair. This year's Havana International Trade Fair was attended by representatives from 25 U.S. companies, signaling the U.S. business community's growing interest in doing business in Cuba.

    Cuba has recognized that foreign investment is a critical tool of development as the island nation seeks to strengthen nearly every sector its economy. Cuba is open for business, and it's time that Congress gets out of the way of American companies interested in helping Cuba move into the 21st century.

    The new 2016 portfolio highlights the tangible and potentially lucrative opportunities for U.S. companies to play a leading role in modernizing Cuba. But despite recent regulatory changes, U.S. companies still face unnecessary hurdles and outdated restrictions related to Cuba. Until Congress fully lifts the embargo, American companies will be stuck on the sidelines as foreign competitors move in on Cuba's growing markets.

    Investment Opportunities in key sectors:

    *Figures below are estimated project costs stated in the portfolio. 

    • Port of Mariel: Over $1.5 billion to develop the Port of Mariel and strengthen its goal of becoming the logistics hub of the Caribbean.  
    •  $740.14 million for comprehensive agro-industrial projects to increase food production; encourage sustainable development; and increase efficiency, quality and competitiveness in the different forms of production management. Cuba is seeking FDI for 76 projects, 36 more projects than last year. 
    • $252.4 million to promote projects to modernize and create new capacities (e.g. to produce bottles and packaging, recycle raw materials), manufacturing electronic equipment and electrical appliances, chemical products and by-products, medical equipment, textiles, clothing and accessories, hygiene products, perfumes and cosmetics. Cuba seeks to cover their national demand, replace imports and increase exports.  
    • Renewable Energy: Cuba is seeking over $290 million in renewable energy projects with the goal to create, enlarge and modernize production capacities and to promote projects to generate energy from renewable sources. 
    • Oil & Gas: Cuba is seeking almost $2 billion for 6 projects to increase oil and gas production.
    •  $119.3 million to modernize Cuba's transportation infrastructure. Specifically, Cuba plans to expand its port, roadway, and rail capacity and improve its system for repairs and technological updates of vessels and trains. This includes preparing port facilities to receive cruise ships and bringing its commercial aviation services up to international standards.  
    • Biotechnology and Drug Industry: $27 million to promote projects in Cuba with strategic partners to improve the manufacturing of finished products and active drug ingredients for generic medicines. Cuba is looking for partners to complement domestic projects by increasing joint R&D projects, as well as the creating or extending their own production capabilities.  
    • Health care: $50 million to develop exports of Cuban medical and health services.
    • $110 million to access new technologies to improve efficiency in construction, increase production of materials AND spare parts, and to recover and complete general repairs for plants. Additionally, Cuba seeks to promote the building of infrastructure and industrial maintenance jobs, primarily for the nickel, oil and cement industries as well as for the designing and building of hotels for tourism and the real estate complexes associated with golf courses.

    Content Courtesy of Engage Cuba .

  • 05 Sep 2016 by Jeffrey Campos

    Global Chamber Denver and Lynx Global Intelligence are happy to announce an exciting new partnership to locate and facilitate opportunities in Cuba for Colorado businesses and organizations.  To announce the new campaign, Global Chamber Denver will host the "Why Cuba Campaign Forum" on Wednesday, September 14, 2016 at 11:30 a.m. at The Palm - Westin Denver, 1672 Lawrence St, Denver, CO 80202. Sponsored by the Colorado Office of Economic Development & International Trade – Minority Business Office.

    Speakers Sonny Betancourt and Trevor Jones of Lynx will provide insight into business in Cuba, Cuban culture and society, environmental and development trends, and other topics that will benefit Colorado-based businesses. 

    The Forum will allow leaders from industry, small business, environmental and development groups to learn about the current landscape and opportunities in Cuba, engage in group discussions and to arrange participation in a trade delegation going to the island, scheduled for February 2017.

    Business/Global Trade:

    Discuss current trade conditions, areas that are ideal for business market immersion: e.g. energy, agribusiness, medicine, manufacturing, technology, development and environmental markets. Discuss potential for joint partnership opportunities to include Cuban areas of interest. Explain the best options to engage in Cuba, vital marketing tactics and overall business cultural understanding.

    Ecological and Environmental Aspects:

    Discuss potential coordination strategies within eco/enviro and business. Some areas that are potential areas of concern: deforestation, desertification, overfishing, soil degradation (salted soils), air pollution and water pollution.

    Business opportunities lay in collaboration in expert guidance, trainings, smart growth strategies, sustainable development, coral reef protection, natural resource protection, and climate change assistance. 

    Cultural and Generational Aspects:

    Discuss the historic and changing Cuban culture. Areas such as: art, food, lifestyle, music, athletics, photography, video and overall broadcasting etc.

    Business opportunities within these areas will be examined. Academic and Colorado-based cross-cultural trips will be arranged in 2017.

    For further information, please contact Lynx Global Intelligence sonny@lynxglobalintelligence.com or trevor@lynxglobalintelligence.com.

  • 24 Aug 2016 by Jeffrey Campos

    Global Chamber held “Access to Capital” this month on August 10, 2016. Over 40 attended the event, which includes a panel of lending experts that discussed traditional and alternative lending options, and spotlight presentations on equity, alternatives and business credit at Tech Social in Denver.

    Local experts shared their stories with small business owners in hopes of helping them understand the best funding options for their businesses. This is incredibly valuable information since many of the small to medium-sized businesses believe that they will have difficulty raising both equity and debt financing within the coming months.

    Even with lower interest rates, small businesses are still not applying for loans and are instead seeking alternative lenders with higher rates because they fear having their loan application denied.

     “We look forward to bringing our Access to Capital to Global Chamber and providing small businesses in the region with the education and access to funding options that they are lacking.” indicated John Vasquez of the National Community Development Fund.

     

     

     

     

     

     

     

     

     

     

     

    Event speakers include:

    John Vasquez National Community Development Fund

    Greg Lopez, Past Small Business Administration Director

    Brett Haigler, Peoples Community Bank

    Due to popular demand we are excited to announce that another Access to Capital event will be held in January 2107.

     

    Jeffrey Campos

    Executive Director Denver

  • 16 May 2016 by Global Chamber Denver

     

    The Global Chamber
     

    Who We Are                             

    Global Chamber Denver helps members get business done across metro areas!

    We are a thriving and collaborating community of CEO's, executives, and professionals growing business across 500 metropolitan areas. We leverage technology and our collective networks around the world to help member companies grow, reduce risk, be more productive, and succeed faster.

     

    Join Us For Our Next Business Speaker Series

    Doing Business In Latin America

    Connecting over 100 business owners seeking opportunities in Latin America! Join us for a unique forum featuring industry leaders from the private and public sector, who will share their expertise on challenges and emerging opportunities in Latin America’s key markets.

    WHEN: Tuesday, May 24th 2016

    Registration 4:30 pm  |  Program 5:00pm

    Reception 6:30 pm

    WHERE: CU Denver Student Common Building 1201 Larimer St   |  Corner of Larimer St & Speer Blvd  | Denver, CO 80204

    RECEPTION: Dorchester
    1448 Market Street  |  Denver, CO  80202

     

    Speakers

    Wayne M. Chancellor is a Denver Public companies and securities attorney who focuses on mining, natural resources, corporate operations and general business transactions. Mr. Chancellor has extensive experience with the multitude of agreements, permitting and environmental requirements, governmental affairs and corporate transactions associated with various stages of the mining life cycle.  

     

    Jose V. Zapata is a partner in Holland & Knight’s Bogota office with more than 20 years of experience in the natural resources sector. He focuses his practice on corporate and commercial matters with an emphasis on the environment, energy and natural resources.

     

    Carlos Bello is Consul General of Mexico in Denver was designated by the President of Mexico, Enrique Peña Nieto, and ratified by the Mexican Senate on 2013 as Consul General of Mexico in Denver with jurisdiction over the states of Colorado, eastern part of Wyoming and eastern part of Montana.

     

    George Skidmore is a CPA, qualified in Colorado and Oklahoma, and provides strategic direction in the areas of global tax, finance and accounting, as well as international treasury and site selection.

     

    John Bristol is the Global Business Manager – Americas for the Colorado Office of Economic Development and International Trade Office, has more than 10 years leading organizations with economic development experience across the Americas and in the U.S. government,

     

    Individual/Sponsor Registration

     

    Global Chamber Members & Students: $10 or Group of 8/$50

    Non-Member: $20 or Group of 8/$100

    Event Sponsor: $500

    Register or sign up to be a sponsor HERE

    SPONSORS

    Auctoris

    ShareLingo

     

  • 05 Apr 2016 by Jeffrey Campos

    Key Stats

    Mexico Peso

    US$1 = $14.63

     

    Key Cities: Guadalajara, Monterrey, Mexico City

     

    Population: 124 Million

     

    Natural Resources: Petroleum, silver, gold, lead, zinc, copper, natural gas, timber

     

    • Mexico is one of the seven most attractive countries to invest in (UNCTAD).

     

    • World's thirteenth most visited country (World Trade Organization).

     

    • Second largest export market for U.S. products and services.

     

    • Labor pool is estimated at nearly 78 million people

     

    • The cost of manufacturing in Mexico is 23% cheaper than in the U.S.

     

    Primary economic activities feature crude oil extraction, tourism, and intense industrial, mining, and agricultural products. This includes the cultivation of a variety of agricultural products, mainly sugarcane, maize, oranges, bananas, tomatoes, green chilies, lemons, mangos and potatoes. Livestock is also an important sector for Mexico

     

    According to the World Trade Organization, Mexican workers rank among the hardest-working in the world, in terms of the amount of hours worked per year.

     

    Friendly International Environment

    -          Twelve free trade agreements along with an Economic Partnership Agreement that grants it preferential access for its goods to over forty countries.

    -          Twenty-eight investment promotion and protection agreements.

    -          Strong and well-defined double taxation treaties with more than forty countries.

    -          Low country risk with a local currency rating of A-.

    Trans-Pacific Partnership (TPP) – Recently passed the Promotion of Authority by the U.S. Congress and likely to be completed this year.

    -          If completed, it will eliminate more than 18,000 and other trade barriers on American products across the countries involved - including Mexico. This will greatly benefit small to medium-size U.S. businesses looking to expand.

     

    -Mexico’s economy is predicted to surpass that of Brazil in the next 6 years and become the 5th largest economy in the world by 2050 (Goldman Sachs).

     

    Healthcare/Medical

    -Medical products from the U.S. are highly regarded in Mexico due to high quality, after-sales service, and pricing, compared to competing products of similar quality. Consequently, U.S. medical equipment and instruments have a competitive advantage and are in high demand in Mexico.

    -Access to public market is now open to all pharmaceutical companies with operations in Mexico.

    -Mexico’s challenges with diseases like diabetes and obesity create a demand for more effective treatments and medical technology.

    Best prospects for medical devices include:

    • Anesthesia equipment • Defibrillators • Electrocardiographs • Electroencephalographs • Electro surgery equipment • Gamma ray equipment • Incubators • Lasers for surgery• MRI equipment • Patient monitors • Respiratory therapy equipment • Suction pumps • Ultrasound equipment • X-ray equipment

    -Large public and private hospitals regularly seek out the most modern and highly specialized medical devices

    -Some medium and small private hospitals with limited budgets buy used or refurbished equipment.

    -Rising urban populations and decreasing rural populations has resulted in lacking healthcare for the rural areas. Increased demand for U.S. quality clinics and treatment centers.

     

    Automotive

    Surpassed the U.S. and Canada in 2012 as the largest North American auto-producing nation.

    -          Fourth largest exporter of vehicles in the world.

    -Under NAFTA, U.S.–manufactured products enjoy duty free import benefit giving U.S. businesses a quality versus cost advantage over other foreign manufacturers.  

     

    Travel and Tourism Services

    -Mexico is the second largest source of international traveler to the U.S.

    -Distributing promotional material at one trade show is not likely to generate meaningful results. It is essential to establish personal relationships with tourism companies in Mexico.

    -To save money and facilitate processes, wholesalers in Mexico are now buying products and services from tour operators in the U.S

    -U.S. travel and tourism companies are advised to travel to Mexico in order to obtain sufficient exposure in the Mexican market and increase sales

     

    “Mexico’s Silicon Valley”

    -Guadalajara is one of Mexico’s key commercial hub and contributes a large percentage to the total gross national product.

    -Prominent conventions and expositions year round that attract herds of foreign investors.

    -Opportunities in almost all industries but the leading sectors include: electronic components, agricultural equipment and supplies, furniture manufacturers, processed foods, food processing, packaging equipment, and supplies.

     

    Energy/Infrastructure

    -Due to recent constitutional reforms, Mexico is finally ready to unlock its renewable energy potential.

    -Due to proximity and years of experience, U.S. companies are uniquely positioned to supply projects in Mexico’s evolving energy market.

    -Over the next three years, the Mexican government plans to invest more than $600 billion to modernize transport, telecommunications, water, energy, and environmental sectors.

    -The Mexican government has prioritized the re-launch of passenger trains as part of its massive transportation strategy.

    -Other big investment plans to expand major ports and modernize international airports.  

     

  • 29 Mar 2016 by Global Chamber Denver

    Key Stats

    Russian Ruble

    US$1= 68.11 (RUB)

    • Russia is a market of over 140 million people

    • The majority of the Russian population lives in big cities - Moscow and St. Petersburg are the two main federal cities

    • Russia is the largest retail market in the world - having surpassed Brazil, Mexico, Spain and Italy in recent years

    • Second-largest market in Europe, behind only France.

    • World’s 8th largest economy (GDP).

    • 6th largest by purchasing power parity (PPP).

    • Russia is a high-income country, with a highly educated and trained workforce and sophisticated, discerning consumers.

     

    Primary Market Opportunities

    -U.S. manufacturers and exporters should have more certain and predictable access to the Russian market, because of Russia’s commitment not to raise tariffs on any products above the negotiated rates.

    Some of the more significant export opportunities include:

    ·  Aviation Equipment

    ·  Agricultural Equipment

    ·  Broadcast Equipment

    ·  Building and Construction Equipment

    ·  Cosmetics and Perfumery

    ·  Electrical Power Generation and Transmission Equipment

    ·  Forestry and Woodworking Equipment

    ·  Hydropower Generation Equipment

    ·  Machine Tools and Metal-Working Equipment

    ·  Medical Equipment

    ·  Mining Equipment

    ·  Refinery Equipment

    ·  Safety and Security Equipment

     

    Agricultural Products

    -Russia is a huge and growing market for imported agricultural products including U.S. products

    -U.S. exports of live animals, hatching eggs, tree nuts, fresh fruits, seafood, and other consumer food products have soared to new records

    -Russia is the world’s largest importer of beef on a quantity basis

     

    Consumer Good Sector

    -A growing middle class and taste for western products has seen the consumer goods sector grow rapidly.

    -Russia is the fastest growing market for food and drinks in Europe.

    -Russia's food and drinks sector relies heavily upon imports.

    -Consumer good market remains rather unsaturated and offers outstanding export opportunities.

     

    Oil & Gas

    -Russia is the second largest oil producing country in the world.

    -It is the largest gas producer, with the largest known reserves.

    -Russia will need to invest more than $1 trillion by 2030 to meet demand.

    -Russia is also one of the most mineral rich countries in the world.

    -Favorable market for the suppliers of mining equipment and machinery.

     

    Manufacturing Technologies

    -Russian heavy industry is in need of updating its manufacturing technologies and equipment.

    -There are current demands for the following:

    -Manufacturing technologies, advanced materials, machine-tools and tooling, spare parts, components for manufacturing and assembly across sectors - Aerospace, Automotive, Shipbuilding, Transport, and Power Engineering.

     

    Infrastructure opportunities

    -Russia is preparing to host a number of major sporting events, including the 27th Summer University Games in Kazan, Sochi 2014 Winter Olympics, IIHF World Hockey Championship in 2016 and the FIFA World Cup in 2018.

    -These events offer major opportunities for US companies in architecture, construction, engineering, project management, event management and associated services.

     

    Pharmaceutical Industry

    -Russia is one of the world's top ten pharma markets (estimated market of approx. $18 billion).

    -The Russian government announced ambitious plans to modernize the country's healthcare system and build a strong pharmaceutical industry.

    -There are opportunities for US suppliers of innovative drugs and for US exporters of equipment for Good Manufacturing Practice (GMP) production.

     

    Telecommunications Market

    -Russian telecommunications market showed strong development in recent years and is expected to grow further.

    -The development of 3G and 4G networks will bring new growth opportunities for the market.

    -Future market development is triggered by the increase in internet and data transmission services as well as value added services.

     

    Summary

    The government's economy modernization and infrastructure development agenda, underpinned by 140 million consumer's appetite for quality services and goods produces a need for international expertise and products.

     

     

     

     

     

     

     

     

  • 22 Mar 2016 by Global Chamber

     

    Key Facts

    Colombian Peso (COP$)

    US$1 = COPS 2.40

     

    Natural Resources: Emeralds, gold, nickel, coal, hydrocarbons, other minerals, coffee, flowers, bananas.

     

    Economies: One of 30 largest economies in the world.

     

    45 million inhabitants with 30% below 15yrs (rapidly growing middle class that demands U.S. made products and services)

     

    One of world’s top 15 largest direct selling markets in the world (Est. 900,000 salespeople).

     

    U.S. – Colombia Free Trade Agreement (FTA): Upon signing in 2012, over 80% of tariffs on U.S exports of consumer and industrial products to Colombia were eliminated. Middle class growth and the elimination of trade barriers provides U.S. businesses who choose to export to Colombia with significant opportunities.

     

    Other key provisions: Strong protection for U.S. investors (legal stability), expanded access to service markets, greater intellectual property rights protection, market access for remanufactured goods, increased transparency and improved dispute settlement mechanisms (arbitration).

     

    Principle of Universality: Foreign investment is permitted in all sectors of the economy and receives the same treatment as national investors.

     

    Principle of Automaticity: Allows for a foreign investment without any prior authorization.

     

    Most countries in Latin America have one or two major cities. Colombia has five booming commercial hubs: Bogota, Medellin, Barranquilla, Cali, and Cartagena. Each of these cities has its own American Chamber of Commerce. There are also close enough via air routes to have one agent/distributor cover the whole country. All cities offer great benefits for local manufacturing because of a large and highly qualified workforce along with preferential access to almost all major markets in the Americas.

     

    Market Opportunities for U.S. Businesses

    Great opportunities exist not only the traditional oil, gas, and mining sectors, but also consumer products such as processed food and beverages, medical equipment, travel, and education, all due to Colombia’s growing middle class and its demand for premium products.

    Opportunities for U.S construction and engineering companies looking for potential partners on infrastructure projects

    Plans for renewable energy, highway, airport modernization, railway industries and other big infrastructure projects have already created an increased demand for U.S. products and services. The Colombian government has announced to spend 26 Billion (USD) in the next four years toward highway and mass transport renovations. 

    Additional areas for export opportunities include: cotton, wheat, corn soy products, automotive parts and accessories, computer hardware and software services, IT equipment and services, plastics materials and resins, electrical power systems, safety and security equipment, food and beverage processing and packaging equipment.

    Medical Device Industry

    According to Business Monitor International “the Colombian medical device market was valued at US$1.2 billion in 2014. It is one of the world's ten fastest growing medical device markets. The market is expected to almost double in value in the next three years, reaching US$2.2 billion in 2018.

     

    The medical device market relies on imports for around 80 percent of the market. Since the signing of the Free Trade Agreement, 96 percent of U.S. Medical equipment exports to Colombia receive duty free treatment.

     

    Best prospects for U.S. medical equipment manufacturers include:

    1. Medical, surgical, dental and veterinary instruments
    2. Electro-diagnostic apparatus
    3. Orthopedics devices
    4. Prosthetic devices
    5. Diagnostic imaging equipment
    6. Laboratory equipment and consumables
    7. Ultrasound, mammography and cardiovascular equipment.
    8. Dermatological and laser treatment apparatus and apparel (boosted by medical tourism and expanding plastic surgery demand)
    9. Intensive care, cardiology, neurology and oncology related equipment

    Medical Tourism

    Of 35 best-ranked medical institutions in Latin America, 8 are located in Colombia.

    Currently 15% of its public expenditure is directed towards healthcare

    The country’s healthcare infrastructure is adequate in the larger urban areas, but is in need of modernization

    Colombia is seriously promoting the country as a world leader in medical tourism and has positioned itself as one of the top attractive destinations to receive medical treatments. This becomes an important market opportunity for the United States because the success of this industry requires high quality standards, technology and infrastructure. This has led Colombian hospital and clinic management to upgrade existing facilities, adding/renewing medical equipment and providing English language training for their staff.

    Medical procedures in Colombia cost between 10% and 35% of the prices in the United States. This has led to a significant growth of foreigners traveling to Colombia for curative treatments.

    Clinics receiving medical tourism patients have over an 80% occupancy rate, indicating the need for further expansion.

  • 22 Mar 2016 by Global Chamber

     

     

     

     

    Key Stats

    Colombian Peso

    US$1 =  2.40 (COP)

    Natural Resources: Emeralds, gold, nickel, coal, hydrocarbons, other minerals, coffee, flowers, bananas.

     

    • One of 30 largest economies in the world.

    • 45 million inhabitants with 30% below 15yrs (rapidly growing middle class that demands U.S. made products and services)

    • One of world’s top 15 largest direct selling markets in the world (Est. 900,000 salespeople).

     

    U.S. – Colombia Free Trade Agreement (FTA): Upon signing in 2012, over 80% of tariffs on U.S exports of consumer and industrial products to Colombia were eliminated. Middle class growth and the elimination of trade barriers provides U.S. businesses who choose to export to Colombia with significant opportunities.

               -  Other key provisions: Strong protection for U.S. investors (legal stability), expanded access to service markets, greater intellectual property rights protection, market access for remanufactured goods, increased transparency and improved dispute settlement mechanisms (arbitration).

    Principle of Universality: Foreign investment is permitted in all sectors of the economy and receives the same treatment as national investors.

    Principle of Automaticity: Allows for a foreign investment without any prior authorization.

    -Most countries in Latin America have one or two major cities. Colombia has five booming commercial hubs: Bogota, Medellin, Barranquilla, Cali, and Cartagena. All are beautiful locations with high rates of tourism and each has its own American Chamber of Commerce.

    -They are also close enough via air routes to have one agent/distributor cover the whole country.

    -All of these cities offer great benefits for local manufacturing because of a large and highly qualified workforce along with preferential access to almost all major markets in the Americas.


    Market Opportunities

    -Great opportunities exist not only the traditional oil, gas, and mining sectors, but also consumer products such as processed food and beverages, medical equipment, travel, and education, all due to Colombia’s growing middle class and its demand for premium products.

    -Opportunities for U.S construction and engineering companies looking for potential partners on infrastructure projects

    -Plans for renewable energy, highway, airport modernization, railway industries and other big infrastructure projects have already created an increased demand for U.S. products and services.

    -The Colombian government has announced to spend 26 Billion (USD) in the next four years toward highway and mass transport renovations.  

    -Additional areas for export opportunities include: cotton, wheat, corn soy products, automotive parts and accessories, computer hardware and software services, IT equipment and services, plastics materials and resins, electrical power systems, safety and security equipment, food and beverage processing and packaging equipment.

    Medical Device Industry

    -According to Business Monitor International “the Colombian medical device market was valued at US$1.2 billion in 2014. It is one of the world's ten fastest growing medical device markets.

    -The market is expected to almost double in value in the next three years, reaching US$2.2 billion in 2018.

    -Since the signing of the Free Trade Agreement, 96 percent of U.S. Medical equipment exports to Colombia receive duty free treatment.

    Best prospects for U.S. medical equipment manufacturers include:

    • Medical, surgical, dental and veterinary instruments

    • Electro-diagnostic apparatus

    • Orthopedics devices

    • Prosthetic devices

    • Diagnostic imaging equipment

    • Laboratory equipment and consumables

    • Ultrasound, mammography and cardiovascular equipment.

    • Dermatological and laser treatment apparatus and apparel (boosted by medical tourism and expanding plastic surgery demand)

    • Intensive care, cardiology, neurology and oncology related equipment


    Medical Tourism

    -Of 35 best-ranked medical institutions in Latin America, 8 are located in Colombia.

    -Currently 15% of its public expenditure is toward healthcare.

    - The country's healthcare infrastructure is adequate in larger urban areas, but is in need of modernization in many rural locations.

    Colombia is seriously promoting the country as a world leader in medical tourism and has positioned itself as one of the top attractive destinations to receive medical treatments. This becomes a big market opportunity for the U.S. because the success of this industry requires high quality standards, technology and infrastructure.

    Medical procedures in Colombia cost between 10% and 35% of the prices in the Unites States. This has led to a significant growth of foreigners traveling to Colombia for curative treatments. Clinics receiving medical tourism patients have over an 80% occupancy rate, indicating the need for further expansion.

  • 15 Mar 2016 by Global Chamber

    The Global Chamber Denver Volunteer Committee Meeting will be rescheduled for April. Stay tuned for an email updating you on the April meeting.

    **In the meantime, volunteer help needed for the following:

    • Marketing Support

    We are looking for contributors to write content to support marketing efforts for Global Chamber’s Denver blog and social media channels.

    If interested, please submit a write-up on one or more of the following topics:

    Describe a personal experience when global commerce affected you.

    How has global commerce changed during your lifetime?

    Why is Denver a great place for Global Commerce?

    BONUS:: Describe any previous  work associated social media experiences .

    Get creative! And if you have any pictures that support your piece, share!

    • Business Development

    We need 2 people to help organize a list each

    • Collaborating Organizations for programs (i.e. restaurants, community organizations such as Posner Center, etc.)
    • Groups to obtain new members (i.e. universities, professional organizations, etc.)

    This list will need to include company/ organization name, contact information; main contact, phone, email as this will be used for outreach.

    •  Networking

    We need 2 people to help with the outreach to these lists for partnering and onboarding of new members.

    If you are interested in marketing, business development, or networking volunteer opportunities, please contact us for additional details.

    We appreciate your commitment to the Global Chamber Denver and look forward to growing this organization together.

     

    Please direct any questions to: Sara@globalchamber.org or wyndi@globalchamber.org

    Sara Lieser & Wyndi Skillrud, Member Ambasaadors & Co-Chairs Volunteer Committee

  • 27 Feb 2016 by Global Chamber

    GLOBAL CHAMBER® DENVER                                    

    BUSINESS SUCCESS SERIES IS HERE
    Powered by Focalpoint

    The world’s most profitable organizations understand their level of success is directly linked to the quality of their team in both knowledge and performance. Never in history have executives, sales teams and business owners needed to know more and do more to be successful. The knowledge and accountability necessary to be competitive and take performance to record heights has never been greater. The Global Chamber places a high priority on ensuring its members receive the best training and coaching available to further their success and believes the Business Success Series aligns with that value.

    SPEAKERS

    Jim Hall - Business Coach

    During his 23 years in the banking industry, Jim Hall has worked with countless clients on their business lending and cash management needs.  He now puts that experience to work as a FocalPoint Business Coach, investor, advisor, and partner in several small business ventures ranging from craft breweries to software.  Jim woks with business owners, executives and team leaders to identify, prioritize and implement action plans to achieve greater levels of success and satisfaction in their lives.  Jim believes that “Better Businesses equals Stronger Communities.”

    Gary Horvath – Economist

    For more than 25 years Gary Horvath has directed and conducted business, economic and market research that has informed decision makers for state and local government, economic development and the private sector. His work has run the gamut, ranging from a roadmap for nanotechnology to multiple studies that evaluated the educational, economic and workforce assets of the state’s 64 counties. Gary currently serves on the Board of Directors for the Colorado Industry Association, Adams County Economic Development and The Economic Development Council of Colorado.

     

    THREE SESSIONS

    DATE: April 12, 2016

    1. Goal Setting: The Foundation for Success - Take the steps necessary to uncover, determine, plan and achieve more than you ever thought possible.

    DATE: May 10, 2016

    2. Strategic Planning - Determine the key steps in the strategic planning process to ensure your business activities line up with your goals.

    DATE: June 14, 2016

    3. Time Management - Ensure your daily activities align with what's most important in your business and your life.

     

    COST:

    $30/session for Global Chamber Members

    $50/session for Non-Global Chamber members

     

    TO REGISTER VISIT http://denver.globalchamber.org/events

  • 03 Feb 2016 by Jeffrey Campos

    Global Chamber seeks individuals in active engagement on our volunteer committee. It is only through the involvement of our community that we are able to successfully build and implement programs and initiatives to meet the needs of businesses community overall. Our first Volunteer Committee meeting will be held on February 16, 2016 at 5:30

    Meet our Co Chairs:

    Wyndi Skillrud, partners with executives in domestic and international companies to find them the best and brightest talent across the globe.
    When she’s not recruiting or studying for her Doctorate in Clinical Psychology, she likes to take a new class, brush up on her French, or travel with friends and family.

    Sara Leiser, has held various positions in sales, marketing, and leadership for global companies in supply chain and technology, bringing to the Chamber expertise in alliances and management consulting. An active member in the community, she volunteers for Denver Children’s Hospital and Denver Public Radio. Her passions include travel, writing, hiking, cooking, and Pilates.

  • 03 Feb 2016 by Jeffrey Campos

     

    If you want your business to remain competitive, consider the opportunities for increased production efficiency and a wider reach by doing business beyond the United States. Going global allows you to tap into a marketplace of more than 7 billion people and enjoy additional advantages that lead to business growth.

    First of all, what does “being global,” mean? 

    Being global is having an international outlook, an awareness of other nations beyond your own borders and the opportunities, which lie therein. Furthermore, it is appreciating that our worlds no longer cease at geographical borders and rather gel seamlessly into one another. Our lives are too short to put restrictions on our ability to enjoy and reap the countless benefits from all that are out there by confining ourselves to outdated and artificial boundaries. When there exists such a depth and breadth of potential opportunities and experiences, it is absurd not to grasp them with both hands. We are more connected than ever before thanks to advancements in communications technology, speed and ease of travel between nations, the reduction and removal of trade barriers and the growth of the Internet. This has all, in turn; contributed to a greater recognition that being internationally aware can add so much more to our lives.

    So why should I be global?

    In short because it will change your life. Having international exposure can, should and almost certainly will change the direction of your future - for the better.

    How does this translate to my business?

    As an Executive Director of Global Chamber Denver, I am part of an organization, which represents and supports the interests of businesses not just nationally but anywhere they want to operate. One of our key functions is to support and help businesses realize their ambitions to become an international trader. Whether it comes from international market insight or simply putting you in front of the right people, the Global Chamber can provide you and your business with everything you need to turn your ambitions into international trading realities.

    There is no question about it, having an ambition to become global and actually following through with it are two very different entities. Leaving your comfort zone to begin trading in a market on the other side of the world must seem daunting. The risks and challenges involved are undoubtedly greater. However, there are countless success stories of organizations that have done just this.

    Final points

    Through being brave and becoming global, you can become bigger, better and bolder. You can grow and you can learn things about yourself and your organization that you never really knew before. Take this chance to expand your horizons and explore the countless opportunities and challenges that are waiting; opportunities and challenges that will test you, amaze you but ultimately, make you.

    So…. what’s stopping you?


    Jeffrey Campos

    Executive Director Denver

  • 05 Jan 2016 by Global Chamber

    Global Chamber® Denver Extends Your Reach to 500 Metros

     

    Hi, I’m Jeffrey Campos, Executive Director of Global Chamber Denver. Our team is excited to announce that Global Chamber has landed in Denver. We have already started connecting member companies to businesses and organizations around the world, bringing new opportunities to them and the metro area.

    Global Chamber is the only organization in the world that helps companies grow beyond all borders - from every metro area into all other metro areas, collaborating with regional organizations around the globe to build new opportunities for them and their community.

    Contact me directly to learn more about how you can grow your business from and to metro Denver through global connections and our other services.

    Looking forward to working with you to grow globally!

     

    Jeffrey Campos

    Executive Director, Global Chamber Denver

    jeff@globalchamber.org