Global Trade Strategy Report

The Bay-Lake Regional Planning Commission and East Central Regional Planning Commission submitted a joint application to the Economic Development Administration (EDA) in April 2010 to secure funding to prepare a Global Trade Strategy for Northeast Wisconsin. The money was made available through EDA's Community Trade Adjustment Assistance program to address significant local job losses due to global trade. The application was successful and $200,000 ($166,500 grant and $33,500 local match) was approved for the project.

Newmark Knight Frank Consulting Firm (NKF) was hired in April 2011 to collect and analyze data on global trade conditions in Northeast Wisconsin. In addition, NKF conducted a series of interviews with smaller to medium-sized businesses already participating in global trade or are thinking of shipping their goods and/or providing their services overseas. In the meantime, the two regional planning commissions were interviewing officials from the area's two regional airports, the Green Bay Port, and other key components that are vital to facilitate an expansion in global trade for the region's businesses.

The Stakeholder Committee members worked with staff from the two regional planning commissions and Paul Hampton from Newmark Knight Frank to finalize the comprehensive Global Trade Strategy for small to medium-sized businesses located in Northeast Wisconsin. The plan was approved in April 2012 and the EDA grant was closed-out in November. A Steering Committee was formed to oversee the implementation of the strategies outlined in the plan. Staff from New North, Inc. and the Small Business Development Center will be actively marketing the plan and working with smaller companies to increase their trading capacity. Global Trade Progress Handout-March 2013

For more information on the Final Report (Part 1- Executive Summary and Part 2- Background Data), please contact Richard Heath at 920-448-2820.