The Hawaii Pacific Export Council has just launched the application process for its new program, The Business of Exporting, which seeks to help Hawaii companies looking to export. The application process is from August 18th – September 14th, wherein 15 companies will be selected to participate in this unique program to grow their business.
Click here for more information and to apply.
Open to All Companies
Within U.S. Small Business Administration Size Standards
Up to 1,500 employees and annual revenue of $40 million for some categories
- State-wide, all islands
- All sizes of operations and revenue
- All industries: manufacturing and service providers
- All levels of export expertise: veterans – recent entrants – ready to export
- Targeting company chiefs: founders – presidents – managing directors
- 15 companies will be selected for the program —- Why not yours?
- All applicants should be profitable in at least one of the past three years
- All companies must be committed to creating a culture of success
- The Business of Exporting is a unique nine-month program from September 2014 through May 2015 that looks at how Hawaii companies who export can capture and maintain profit growth
- The program analyzes the impact exporting abroad places on a company’s fundamental business processes at home and how the resultant effect can be managed for profit accumulation and overall growth of the company.
- The program’s curriculum is predicated on the principle that your company is run as a profit center. There are factors that squeeze your profit center. To the degree you can manage these forces more capably you reduce the pressure on your company’s profit pool and retain a deeper pool.
- The program consists of a sequenced five-unit business curriculum. There will be five one-day seminars spread over seven months; each seminar will be one curriculum unit.
— Unit 1: Is My Company a Profit Center?
— Unit 2: Managing Regulatory Costs: Ours and Theirs
— Unit 3: Managing Export Industry Costs: Where Are The Advantages?
— Unit 4: Emerging Trends in Global Trade: Where Is My Profit Pool Headed?
— Unit 5: Innovation and Company Re-engineering: Will My Company Stay Relevant
After each seminar there will be one to two small group meetings consisting of a Hawaii Pacific Export Council mentor and three of the participating companies. These will be conducted in informal settings at times convenient to the participants. The purpose of the small group meetings is to provide group members with an opportunity for individualized discussion and responses to the concepts presented at the one-day seminar.
Program benefits include:
- $1,200 grant from the Hawaii Pacific Export council to each of the 15 participants to support export-related costs during the duration of the program
- Booth fee waived for those among the participating companies with qualifying products in DBEDT’s Hawaii Pavilion at the September 2015 Tokyo International Gift Show
During the program:
- Participants will create a measurable, export-related objective to be accomplished not later than the eighth month of the program
- Participants will create a business prospectus that potentially can attract sources of company funding if desired in the form of short-term operating funds, capital improvement loans or private equity investment