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Utah International Trade Missions ITDO GOED

South Korea & Taiwan 2017 (Archive)

March 15-23, 2017

State of Utah Trade Mission to South Korea and Taiwan

The International Trade & Diplomacy Office at the Governor’s Office of Economic Development will lead a trade mission to South Korea and Taiwan on March 15-23. Companies interested in doing business in Taiwan or South Korea may apply now to join the trade mission. The trade mission will take place in conjunction with two trade shows:

  • Korea International Medical & Hospital Equipment Show (KIMES) – March 16-19, 2017 – Seoul, Korea
  • Taipei International Cycle Show – March 22-25, 2017 – Taipei, Taiwan

The trade mission is open to companies regardless of whether they plan to exhibit at one of the trade shows. In addition, companies may choose to attend only the Korea or only the Taiwan portion of the trade mission.

Qualifying trade mission participants will receive opportunities for “Gold Key” business matchmaking meetings arranged by the U.S. Commercial Service staff in Korea and Taiwan, country and industry briefings, and networking opportunities at receptions hosted by the Governor’s Office of Economic Development.

In addition, eligible small businesses may receive grant funding to offset their travel and business expenses through the State Trade and Export Promotion (STEP) Grant program. Please see below for more information.

Deadline to Apply: January 15, 2017 Please contact a member of the Utah International Trade & Diplomacy Office regarding opportunities to participate in future trade missions.

Why Attend?

  • Participate in business-to-business matchmaking
  • Engage in government meetings and networking receptions
  • Understand the regulatory environment for Korea and Taiwan
  • Learn about market entry strategies and best business practices

 

Preliminary Agenda

For updated information, see here: Trade Mission Agenda Overview

Seoul, South Korea

Wednesday, March 15
Korea market overview and briefing
Set up for KIMES show
Delegation dinner

Thursday-Friday, March 16-17
Trade show exhibition
Business to business meetings
Evening networking reception (Thursday)

Saturday-Sunday, March 18-19
Trade show exhibition
Optional cultural excursion (Saturday)

Monday, March 20
Travel to Taiwan

 

Taipei, Taiwan

Monday, March 20
Arrive in Taiwan
Delegation dinner (evening)

Tuesday, March 21
Taiwan market overview and briefing
Set up for International Cycle Show
Networking Reception (evening)

Wednesday-Thursday, March 22-23
Trade show exhibition
Business to business meetings*
Optional cultural tour (Wednesday evening)

*Companies free to depart Thursday if business meetings are finished

 

Costs and Participation Fee

Trade mission participants will be responsible for the cost of their own flights, lodging, and most meals and other incidental expenses. Rooms have been blocked off for trade mission participants in Korea and Taiwan at a discounted group rate (details on how to book rooms will be provided after the application deadline).

In addition to the above costs, a trade mission participation fee will be assessed to each individual who attends the trade mission. This fee will cover the cost of some group meals, some group ground transportation, room reservations for briefings, trade mission participant journals, participation at networking receptions hosted by the State of Utah,  etc.  This fee will be a flat rate for Korea, a flat rate for Taiwan and a combined rate for participants who visit both countries.

Past participation fees for trade missions have ranged from $500-$700. The fee for both countries may exceed $700 because of the two locations. The actual amount will depend on the total number of participants on the trade mission and the final costs of the various activities/services provided. We will make every effort to limit this cost as much as possible for participants. STEP grant funding may be applied to the trade mission participation fee (see below).

 

General Trade Mission Information Contact:

Jake Berlin – International Trade & Diplomacy Coordinator
Email: jberlin@utah.gov
Phone: 801-538-8693

 

STEP GRANT

Several matching grants through the State Trade and Export Promotion (STEP) program have been reserved for trade mission participants to offset approved travel expenses for qualifying Utah small businesses. Expenses eligible for reimbursement include:

  • Airfare (Fly America provisions apply)
  • Match-making services
  • Interpretation service
  • Ground transportation costs within the hosting locale
  • Per Diem (lodging and meals, based on U.S. Department of State per diem for the locality)
  • Participation fees

Travel reimbursements are available for qualifying Utah based small businesses. Funds are made available by the U.S. Small Business Administration through the Governor’s Office of Economic Development.

To inquire about your eligibility to receive a STEP grant, please contact:

Trade Show and STEP Grant Contact:

Ariel Briggs – STEP Grant Program Director
Email: abriggs@utah.gov
Phone: 801-538-8778

 

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