World Trade Center Utah

OVERVIEW

The mission of World Trade Center Utah is to help Utah companies think, act and succeed globally . WTC Utah accomplishes this mission through three key objectives: • Motivate and educate Utah businesses to expand their global presence through training seminars, regional forums and newsletters focused on international business development, trade issues and export opportunities . • Build capacity of Utah businesses for international trade through B2B consultations to identify expansion goals, assess current capabilities, determine overseas opportunities and connect companies with market experts and potential partners . • Expand global network of Utah businesses through trade missions and networking opportunities with foreign trade officials .

In FY 2014, WTC Utah supported trade missions to Turkey, the United Arab Emirates, Brazil and the European Union . WTC Utah also held monthly educational seminars and hosted more than 20 foreign dignitaries such as the ambassadors from Russia and Thailand .

Particularly noteworthy in 2014 was the inaugural Utah Global Forum . Attended by 450 people, this premier International business conference was a joint effort between WTC Utah, the Governor’s Office of Economic Development and the Salt Lake Chamber of Commerce . The Utah Global Forum is designed to provide a place for business and community leaders to network and learn about international business opportunities .

Derek B. Miller, Val Hale and Lane Beattie address attendees at the 2014 Utah Global Forum. World Trade Center Utah board meeting.

In an effort to bring its resources to all areas of the state, WTC Utah kicked off its rural outreach efforts in 2014 . In FY2014, regional forums were held in Vernal, St . George, Logan and Richfield . More than 380 people attended the forums . With less than 5 percent of total Utah exports coming from rural small-medium sized businesses, rural Utah is well positioned to be a source of growth for the economy in the coming years as companies look to go global .

WTC Utah’s strategic partners include the Governor’s Office of Economic Development, Salt Lake Chamber of Commerce, U .S . Commercial Service, Economic Development Corporation of Utah, Utah Technology Council, Utah Manufacturers Association, USTAR and the state’s Institutions of Higher Education . Working with these partners, WTC Utah is able to leverage the state’s unique cultural, educational, economic and foreign language capabilities to create new opportunities for Utah’s business community .

Utah’s International Footprint

Utah exports exceeded $12.3 billion in 2014. • 85 percent of Utah exporters are small to medium sized businesses (less than 500 employees) • 61,000 jobs in Utah are directly tied to exporting and more than 370,000 jobs in the state are related to international trade • Utah’s top 2014 export destinations included

Hong Kong, Canada, United Kingdom, China and Mexico.

The Utah trade mission delegation visiting the European Commission Headquarters in Brussels.

For additional information about the World Trade Center Utah please visit www.wtcutah.com or call 801-532-8080 Derek B. Miller, President and CEO