America’s dynamic business culture and its ingenuity have contributed significantly to its status as a super power. The first is evidenced by our population growth. We are the only industrialized country in the world whose population is increasing. This is due, for the most part, to the ability of the American economy to adapt to changing markets and its aptitude to create jobs. Without either, our population would reflect that of France, Japan, or Germany. People come to America to find opportunity. The second is intuitive in nature and comes from our competitive economy. When people sense they can make a buck, they will take the risk, stick their necks out, and try. Both of these qualities have sustained America and made it a great nation. We are an economic development machine.

Northwest Wisconsin and Northeastern Minnesota have also done well with regards to economic development, despite what popular opinion might suggest. Over the last 60 years, this region has moved rather smoothly from a heavy manufacturing region to an advanced service economy, defined by IT, medical and education industries and a tendency towards entrepreneurship.

Yet, there is more to be done. The Chamber Board of Directors acknowledged this last September, when they met to map out strategy for 2006. Specifically, they called for “…promotion of international trade as a means for members to expand their markets.” That goal is one of many tools that drive economic development in our community. As such, the Chamber has not been idle. We have sponsored numerous educational and research opportunities to help local companies learn how to take advantage of trade.

Last week, the Chamber, APEX, and several private companies traveled to Entrepreneurial Days in Sweden (hosted by the Swedish American Chamber). The very design of the conference propels one to meet numerous companies and explore trade opportunities. Our group met companies from all over Europe and the US who are interested in either trading with or investing in our area. Good contacts were made. Follow up will be necessary to ensure our members can take better advantage of these newly formed alliances.

To be sure, this is not the final effort in our quest to help you, our member, discover new opportunities. The efforts will continue. More immediately, the Chamber is engaged with Minnesota Power, APEX and others to host a China Ready Workshop on Thursday, September 21. The workshop is designed to help companies develop trade in Eastern Asia. In addition, the Chamber is working to coordinate the Northern Networks Trade Conference, scheduled for October 17-19 at the Inn on Lake Superior. Northern Networks will focus on trade with Canada, our biggest trade partner, as well as Mexico, Sweden, and China. Watch your Chamber communications or go to www.duluthchamber.com for more information.

International trade, while not a panacea for all business ills, is one more tool to help your company grow. Find out how. Your Chamber can help.