Nasbite securing funding during difficult times


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Funding sources and planning tips for international trade programs

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Nasbite securing funding during difficult times

  1. 1. Securing Funding During  Difficult TimesThe 24th Annual NASBITE International Conference Tuesday, April 5 11:15 a.m. 12:30 p.m. VI E Drayton RoomTuesday, April 5 11:15 a.m.‐12:30 p.m. VI‐E Drayton Room Hansen‐Gage/Madden Photo Credit:
  2. 2. When we arise in the morning, we reach for a When we arise in the morning we reach for asponge which is provided for us by a Pacific islander. We reach for soap that is created for us by  f p f ya European. Then at the table we drink coffee which is provided for us by a South American, or tea by a Chinese, or cocoa by a West African. Before we leave for our jobs we are already beholden to more than half of the world. ‐Dr. Martin Luther King, Jr., Where Do We Go from Dr. Martin Luther King, Jr., Where Do We Go from  Here: Chaos or Community, 1967
  3. 3. Purpose of Presentation• Ways to seek various funding• Ways to build a support network• Learning from others and building Learning from others and building  relationships• Develop planning strategies Develop planning strategies
  4. 4. Communication
  5. 5. Partnerships• Advisory Board• Network• Internal and  External Teams
  6. 6. International Trade NetworkLos Angeles Region State of CaliforniaAsia Society Southern California California Bureau of Transportation and HousingForeign Trade Association (FTA) California Chamber of Commerce International California Department of AgricultureFuturePorts California Trade NetworkHong Kong Trade Development Council (HKTDC) CITD NetworkInland Empire Asian Business Association (IEABA) California International Trade Partners NetworkInternational Trade Education Programs (ITEP) Governors Office of Economic DevelopmentLA Air Cargo Association Monterrey Bay International Trade Association TradePortLos Angeles Area Chamber of Commerce WUSATALos Angeles Customs Broker and Freight Forwarders Association (LACBFFA)Los Angeles Economic Development Corporation (LAEDC) Federal GovernmentLos Angeles Mayor’s Office Office of International Trade Mayor s Office, Export Import Export-Import Bank of the United States City/State Partnership (Ex-Im Bank) (Ex ImLos Angeles World Airports (LAWA) Federal Reserve’s Bank (SFO), International Economic Summit Overseas Private Investment Corporation (OPIC), Enterprise Development NetworkMeet-Up Group: The International Business Master Mind Group Small Business Administration (SBA)Port of Long Beach (POLB) U.S. Agency for International Development (USAID) (GTN was privatized)Port of Los Angeles (POLA) U.S. Department of Commerce (USDOC)QuickCaller U.S. Department of Education, Business and Int. Ed. Programs (USDOE)San Bernardino County Economic Development Agency U.S. Dept of State, Partners of the Americas p , U.S. Trade RepresentativeSCORE-Los AngelesSouthern Calif Global Virtual community International Trade Development and Education Organizations/AssociationsSmall Business Development Center (SBDC) at El Camino College Council of State GovernmentsSouthern California Regional District Export Council (SCRDEC) NAFSAThe Long Beach International Trade Office (LBITO) NASBITE International State International Development Office (SIDO)The World Trade Center Association Los Angeles – Long BeachUnited States – Mexico Chamber of Commerce International Trade DirectoriesUCLA Anderson School of Management, CIBER CalChamber Country Contacts: Binational Chambers, Foreign Consuls andUCLA Extension Government Representatives in CaliforniaValley International Trade Association (VITA) L.A. Area Chamber of Commerce, World Trade Week Info GuideWomen in International Trade –Los Angeles (WIT-LA)
  7. 7. Identifying Needs• Trade Statistics Example: Cluster Map of California Aerospace• Cluster Maps• Client Surveys Client Surveys• Faculty Surveys• Focus Groups F G• Marketing• Customer Follow‐up
  8. 8. Planning• Establish a Proposal Template• Capability Statement bl• Rewrite and Repackage Concepts According to  RFA  (i) Needs, (ii) Benefit, (iii) Action Plan RFA (i) N d (ii) B fit (iii) A ti Pl• Establish Timeline• RFA A RFA – Approach as an “Essay Exam” h “E E ”• Keep Resumes and Curriculum Vitas• Have Multiple Readers with Expertise Review  li l d ih i i Proposal 
  9. 9. Develop Budget• Salaries and Benefits – Percentage  Spreadsheet• Economies of Scale (w/Multiple Grants)• Basic Barebones Budget
  10. 10. Additional Tips• Volunteer to Become a Reader
  11. 11. Funding Sources• Federal/State Budget (allocation for program)• Income/Revenue (sales) Income/Revenue (sales)• Grants/Fellowships • Contributions • Foundation (private and public)/Endowment• Loans• Political Earmark P liti l E k• Venture Capital/Angel Investor• Fundraiser• Winning the Lotto
  12. 12. Grants DefinedSomething granted, as a privilege or right, a sum of money, or a tract of land: Several  f fl d lmajor foundations made large grants to fund the research project. h h jMost grants require a match. Matching funds  g q gmust usually be separate (example: no federal funds matching other federal funds). g )
  13. 13. Who Issues Grants? • Government Organizations (federal and state) USDA USDOC, MDCP DOE USDOE USDOC, EDA US State Department USAID DOL• Foundations and Other Nongovernmental  Organizations• Development Banks • Other International
  14. 14. Grant Resources• U.S. Federal Grants• Federal Grand Programs, International Trade• USTDA  USTDA• Special American Business Internship Training Program // / / / /• Fulbright  p // g g /g / g g‐grant‐is‐right‐for‐me• International Funding Sources by University of Wisconsin Libraries
  15. 15. Georgia Allies ModelA unique public‐private partnership allows the state to effectively pool resources to increase economic development success (similar model to Utah’s Oquirrh Institute).
  16. 16. Michael Jordan on Failure‐EMOb3ATJ0
  17. 17. Candy Hansen-Gage, Director Hansen-Center for International Trade Development State Center Community College District (559) 324-6401 Emails: candy hansen gage@scccd edu Website: www.fresnocitd.orgBronwen Madden, Deputy Director Madden,Center for International Trade Development El Camino Community College District (310) 973-3173 Emails: Website: W b it l i itd