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Doing business in the USA by Rick de Lambert, US Embassy

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  1. 1. Doing business in the USA Rick A. de Lambert Counselor for Commercial Affairs Embassy of the United States of America Helsinki, Finland
  2. 2. U.S. Economy Quick Facts  Population: 325 million (2017 est.)  GDP: $18.6 trillion (2016 est.)  GDP per Capita: $57,300 (2016 est.)  GDP Growth: 2.6 % (2015)  Unemployment: 4.9 % (2016)
  3. 3. Sources: Office of the U.S. Trade Representative; CIA World Fact book; National Science Foundation; U.S. Patent and Trademark Office; The Times Higher Education World University Rankings 2014-2015; OECD Labor Productivity Statistics Access to Markets U.S. & 20 FTAs create a consumer market population of 759 m Total household consumption expenditure 5x Japan level Innovation and Entrepreneurship Produces 30 % of all patents worldwide; >1/2 of patents granted 2014 originated from foreign country U.S. home to 15 of the top 20 universities in the World (Europe has 4) U.S. responsible for 30 % of global R&D expenditures (Europe accounted for 24 %) Productive Workforce Highly skilled U.S. workforce 2x as productive as Korean counterparts Complemented by network of community colleges & training programs Abundant Energy/Natural Resources #1 producer of natural gas; #3 producer of oil Low energy costs are about 1/3 of cost in Asia Access to Capital NYSE world’s largest stock exchange by market cap U.S. is the #1 market for VC and Private Equity U.S. Business Climate U.S. Rankings #1 – Foreign Direct Investment Confidence, A.T. Kearney #1 – Venture Capital and Private Equity, IESE Business School #3 – Global Competitiveness Index, World Economic Forum #5 – Global Innovation Index, WIPO #7 – Ease of Doing Business, World Bank
  4. 4. Finland’s Trading Partners Source: Tulli 2017
  5. 5. • In 2015, Global market for environmental technologies goods and services reached USD 1.05 trillion • U.S. accounted for USD 303.0 billion of the global market. • In 2014 – U.S. Environmental Technologies Stats Source: 2016 ITA Environmental Technologies Top Markets Report • U.S. industry revenues in the water and wastewater treatment subsector = USD 154.6 billion. • U.S. industry revenues for air pollution control = USD 19.6 billion (including equipment, instruments and attendance services) • Revenues for the U.S. solid waste and recycling industry = USD 96.1 billion
  6. 6. U.S. Industry Revenues by Segment
  7. 7. “ … our need for energy must go hand-in- hand with responsible stewardship of the environment. Protecting clean air and clean water, conserving our natural habitats, and preserving our natural reserves and resources will remain a high priority. President Trump will refocus the EPA on its essential mission of protecting our air and water.” Priorities of the Trump Administration
  8. 8. Conferences Sept 30 - Oct 4, 2017 Chicago, IL WEFTEC® is recognized as the world’s largest annual water quality technical conference and exhibition, providing extensive educational opportunities and unparalleled access to the field’s most cutting-edge technologies and services. Cleantech Forum San Francisco Jan 22-24, 2018 San Francisco, CA June 14-15, 2017 San Diego, CA Smart buildings, portfolios, campuses and cities that strive for energy reduction, operational efficiency, sustainability, enhanced occupant experiences and financial optimization are at the center of the discussion. Date: TBD, 2018
  9. 9. Membership Organizations Water Environment Federation (WEF) • 45 Member Associations (MAs) located in North America and 30 internationally • Provides exciting and informative activities and services to WEF members around the world. National Waste & Recycling Association (NWRA) • International Affiliates Membership • “Member Buy from Member” program & Member Savings Program American Council On Renewable Energy (ACORE) • Over 500 US and international organizational members • Serves as a forum through which parties can work together on common interests
  10. 10. Cleantech Clusters Global Cleantech Cluster Association (GCCA) • Aims to drive sustainable regional economic development, on a global scale. • 52 Global Cleantech Clusters • 19 located in the U.S. Los Angeles Cleantech Cluster • Dedicated to building a cleantech economy for Los Angeles • Utilizes state-of-the-art programs, proven tools and connections to partners, mentors and advisors Cleantech San Diego • Promotes advocacy efforts to promote cleantech priorities and encourages investment in San Diego • More than 100 local businesses, universities, governments, and nonprofits WaterStart • Cluster based in Las Vegas, Nevada • Combines academic, public, and private sector to spur development in water innovation • Network of water management agencies, technology companies, and policy makers.
  11. 11. Government Agencies • United States Environmental Protection Agency (EPA) • Works with other federal agencies, environmental technologies trade associations, and global stakeholders to weave its analyses of critical environmental issues into U.S. export promotion infrastructure • Member of the Trade Promotion Coordinating Committee (TPCC) • Office of Energy and Environmental Industries (OEEI), Dept. of Commerce • Advances the competitiveness of U.S. industries by leveraging in-depth sector expertise • Identifies pressing trade challenges and top opportunities and coordinating public-private sector responses • Conducts industry analysis • California Environmental Protection Agency (CalEPA) • Offers funding opportunities to public and private entities for environmental protection • California Centers for International Trade Development (CITD) • Governor’s Office of Business and Economic Development (GO-Biz) • Central Valley California Cleantech Mission to Finland • 17-22 September 2017
  12. 12. In-Bound Investment: SelectUSA SelectUSA’s mission is to promote and facilitate business investment in the United States. Services to International Investors include: • Information, Research & Counseling: Subject-matter expertise including industry information, cluster mapping and analysis. • Ombudsman Assistance: Help navigating U.S. federal rules and regulations. • Connections: Introductions to U.S. cities and states (EDOs) and industry associations, etc. Finland is ranked as one of the fastest growing sources of FDI in the U.S.!
  13. 13. Finland’s Investment in the U.S.
  14. 14. SelectUSA Summit, Washington, D.C. June 18-20, 2017 • 2,000+ business executives and investors from 70+ countries • 500 EDO participants from 50 states + territories • Presentations by USG Officials, CEOs and other senior business leaders, subject-matter experts and state and Federal officials • Hundreds of matchmaking sessions and networking on the tradeshow floor. Investors meet EDOs face-to-face using online B2B matchmaking tool. 2017 SelectUSA Investment Summit
  15. 15. Kiitos!! Rick de Lambert Counselor for Commercial Affairs +358-9-6162-5217