Why You Should Visit Seattle. Sweden Week Business Focus Edays Special Edition 2010

Transcription

1 Why You Should Visit Seattle & Sweden Week Business Focus Edays Special Edition 2010 Photographer: Inge Johnsson An Industry Specific Business Event during Sweden Week, May , planned by the Consulate of Sweden in cooperation with SACC USA

2 What will this presentation cover? What is Edays? (facts & stats) What does Seattle have to offer? Why do business in Sweden? Business Focus Edays Special Edition Program Why participate in Business Focus Edays Special Edition Program Sweden Week ties it all together Cluster information General information Testimonials Examples of recent results Sponsors & Partners

3 What is Edays? (Entrepreneurial Days) The most important trade and networking event between the U.S. and Sweden. Held at various locations in Sweden and the U.S. since 1997 Savannah Apr 2009, Seattle May 2010, Gothe nburg Sep Enables Twice a year; Custom tailored small, mediu m, and large companies to connect and develop new business. once in the U.S. and once in Sweden. business tobusiness cluster programs, businessto business trade missions, and business matchmaking

4 What makes this event so successful? Brings together entrepreneurs and experts from a variety of fields Clean Tech/Sustainable Development, Mobility and IT, and Med Tech Global Health. 13 years of experience Business Matchmaking Service Find potential partners, distributors, agents, and/or consultants that meet the specific needs of your company.

5 Edays Statistics Number of Companies Number of Participants Number of Business Matchmaking San Diego 2008 Savannah 2009 Karlskrona 2009 Karlskrona, Sweden. Catwalk Edays Special Edition 2009 Spotlight on mobile services Savannah, Edays 2009 Industry focus on Logistics, Renewable Energy & Industrial Design. San Diego, Edays 2008 Industry focus on Life Science, Media and Entertainment, Sustaina ble Energy, Wireless/Teleco m, Venture Capital.

6 What does Seattlehavetooffer? to offer? Region of Growth 11% of Seattleites enjoy Swedish ancestry Popular trade region Seattle one of the greenest cities in the U.S. (Source: Popsci) Large immigration & migration Strong economy and a diversified society Well educated society

7 Why do business in the Pacific Northwest? University of Washington key role in health care, biotechnology, IT, science & research. Health care cluster >96,000 jobs > $10 billion annually Global center for Sustainable Building. Seattle #1 city in the U.S. in LEED (Leadership in Energy and Environmental Design) International trade > 1/3 jobs in the local economy. Home to Microsoft, Amazon.com, Expedia, Motricity & Getty Images.

8 Why do business in Sweden? Sweden: Gateway to Three Distinct Markets Scandinavia (25M People) Baltic Rim (100M People) European Union (350M People)

9 Did You Know That Sweden Has High Labor Productivity Competitive Corporate Taxation Stable Economic Growth Competitive Labor Cost High Expenditure on R&D Attractive Tax Climate For Holding Companies is a Top 10 country for ease of doing business (World Bank & International Finance Corporation 2004)

10 Main Program Wednesday May 5 Thursday May 6 Friday May 7 Grand Opening & Welcoming Remarks Speed networking sessions and Business Matchmaking Key note speakers from Microsoft & Ericsson Lunch with Business Matchmaking Keynote Speaker: Matthew Barzun, the Ambassador of the United States to Sweden Welcome Reception Business Matchmaking Concurrent cluster programs with panel discussions and keynote speakers Lunch with Business Matchmaking Closing Remarks Happy Hour & Networking Raoul Wallenberg Dinner EU Breakfast Business Matchmaking Optional Company Visits to Boeing & Microsoft Please visit for details on program, speakers & cluster programs

11 Why participate in Business Focus Edays Special Edition 2010? Seattle one of the greenest cities in the U.S.! Center of the Mobile Revolution! World class networking! Meet with representatives from the U.S. and Sweden all at once! Learn how to benefit from federal incentives for a greener industry!

12 Sweden Week ties it all together A week long focus on Swedish Importance to the region (May 3 9) Celebrating the Centennial of Swedish Hospital The Nordic Heritage Museum New Museum to be built The University of Washington, Scandinavian Department 101 years of teaching Swedish H.R.H. Princess Madeleine of Sweden will hopefully be honoring Sweden Week with her presence Nobel Laureate Tib Tribute dinner in honor of the five local Nobel laureates Diabetes Awareness Program

13 Cluster info Clean Tech/Sustainable Development Panel ldiscussions: i Clean Energy & Sustainable Development Biomass & Waste to Energy Biofuel & Transportation

14 Cluster info Clean Tech/Sustainable Development Smart Energy Sustainable Development Areas of opportunity Several clean technology resources (biomass, geothermal, hydropower, solar, wind) Cutting edge research State financial and tax incentives to create green jobs

15 Cluster info Mobility & IT Panel ldiscussions: i Venture Capital and Startups The Dynamics of the Mobile Marketplace Mobile Monetization: How to Make Money from Applications & Services Open Mobile: What Works and What Doesn t?

16 Cluster info The benefits in Seattle region: Mobility & IT Proximity to universities for research and talent Access to venture capital Large base of existing software companies Technology infrastructure that fosters innovation 3000 companies 191,000 jobs Areas of opportunity: Distribution Localization Industry services Joint development Market education

17 Cluster info Med Tech Global Health Panel ldiscussions: i Global Health Modern Prosthetics Possibilities with IT

18 Cluster info Med Tech Global Health Attractions for biotechnology : World renowned research institutions and industry leaders Established and growing biotechnology industry Accessible capital and funding sources Thriving biotechnology center at South Lake Union Health care cluster: 96,000 jobs Biotechnology/medical devices: 170 firms and non profit research organizations 5th in the US by industry concentration

19 Economy 1.8 million jobs in Greater Seattle area Top 7 Public Companies (by net revenues in 2006): Costco ($60.2 billion) Microsoft ($44.3 billion) Weyerhaeuser ($21.9 billion) Paccar ($16.5 billion) Amazon.com ($10.7 billion) Nordstrom ($8.6 billion) Starbucks ($7.8 billion)

20 International Trade Washington 1st in USA for exports per capita 1 of 3 jobs $66.26 billion Top 5 Trading Partners (2007) China (Mainland) Japan Canada India Korea ($9.61 billion) ($7.71 billion) ($7.58 billion) ($5.77 billion) ($2.99 billion)

21 Transportation Port of Seattle 2 square kilometers $2.5 billion Seattle Tacoma International Airport 32 million passengers (2008) 9 hours to either Tokyo or London Railroads Burlington Northern Santa Fe Union Pacific

22 Testimonials When it comes to entrepreneurship and innovation in the 21st century, Sweden is a worldwide leader. Sandy K. Baruah, head of the U.S. Economic Development Administration (EDA) "In the process of learning more about the environment and energy we are also seeing the advantages of cooperating with Sweden within the field of alternative energy. Sweden is one of the top actors in regards of development and our team has much to learn about the technology and the different processes developed and used here." Jennifer Granholm, Governor, Michigan

23 Testimonials E days has provided my business with an efficient way to identify motivated business partners and develop international opportunities. Ross Harding, Managing Partner, Energy Launch Partners LLC Very successful matchmaking for us at BAC. Benedikt Ibing, Director of Business Development, Berlin Atlantic Capital US, LLC

24 Examples of Recent Results from Edays: Business Relations, Partnerships and Investments facilitated by SACC USA S The cities of Savannah and Växjö, signed an Economic & Environmental Collaboration Agreement in several areas including securing a sustainable future. Växjö University has a collaborative agreement with the Northern Michigan University thanks to Edays. Doug Pennington, Executive Dir., of Private Capital Network, California s fastestgrowingangel angel investor association opened their first office in Sweden in March 2009 thanks to Edays. The Bio Energy industry in Västra Götaland and several regions in the U.S. have established a number of new collaborative at eagreements. e In Sept. 2008, Ambassador Wood, King Carl XVI Gustav and Gov. Granholm of Michigan broke ground on an $8 million project between Swedish Biogas and Michigan to create biogas from the city of Flint's sewage plant, to power city buses and produce fertilizers

25 Organized by: Thanks to: Sponsors Partners