World Trade Center Institute

Baltimore World Trade Center, viewed from Pratt street

The 'World Trade Center Institute' (WTCI) operates as a private, non-profit, and non-political membership organization located in the Baltimore World Trade Center building on the Inner Harbor of Baltimore, Maryland. Financed in cooperation with area businesses and the State of Maryland, WTCI’s mission is to drive the growth of Maryland’s global business community.[1] WTCI is one of the 320 members of the World Trade Center Association (WTCA), which operates WTCs in 96 countries around the world.[2]

Maryland Governor William Donald Schaefer founded WTCI in 1989 along with Chairman of RTKL Associates, Harold Adams and a Board of Directors. After partnering with the Maryland Port Administration in 1991, WTCI was granted the World Trade Center Association license, making it the official proprietor of Baltimore World Trade Center and a subsidiary of the World Trade Center Association.[3]

WTCI was recognized in 2010–2012 by the Baltimore Business Journal as the Largest Association in the Baltimore area [4][5][6] and in 2009 as the Largest Business Networking Organization.[4]

In March 2011, WTCI was selected by the World Bank to act as the Mid-Atlantic region’s Private Sector Liaison Officer (PSLO). The PSLO enables the region’s business community to use the World Bank program as a way to engage the private sector in international development programs. WTCI joined three other organizations in the United States with the World Bank accreditation, including the Chicago Global Mid-West Alliance, the Greater Houston Partnership and the Trade Development Alliance of Greater Seattle.[7]

History

Maryland Governor William Donald Schaefer founded WTCI in 1989 alongside Chairman of RTKL Associates, Harold Adams, and a prominent Board of Directors. With the inauguration of WTCI, Schaefer and Adams sought to expand Maryland’s global business community, foster international liaisons, and expose local businesses to opportunities abroad. After partnering with the State of Maryland Port Administration in 1991, WTCI was awarded the World Trade Center Association license, making it the official proprietor of the World Trade Center Baltimore and a subsidiary of the expansive World Trade Center Association.[3]

In 1995, WTCI created the Maryland International Business Leadership Awards program with the purpose of featuring successful leaders in the international business community. Each year, firms are recognized in areas of global business excellence, including, but not limited to manufacturing, agriculture, hi-tech, environmental, and service industries. The prestigious Governor’s Leadership Award is presented to an individual who has made concerted efforts to augment Maryland’s global business presence.[3]

The World Trade Resource Center was later opened in 1996, offering companies access to countless print and electronic directories and databases and providing them with valuable information regarding matters of international trade. During the same year, WTCI merged with the Maryland International Center and acquired management over a federally funded program geared toward international visitors. Over the course of the next year, WTCI began to supervise the Maryland Sister States Program for the Maryland Department of Business and Economic Development and was a recipient of the President’s E-award for excellence in exporting.[3]

Events

WTCI events offer regional business leaders an opportunity to connect, learn and showcase their companies. The organization offers four signature events and three international business series each year.[8]

Maryland International Business Leadership Awards

The event takes place once a year and profiles key success factors for Maryland’s international business leaders. Awards are given to prominent Maryland business leaders for their global business success and excellence in international leadership. The Governor’s award is given to one individual who most exemplifies successful international leadership for a sustained period and has had a positive impact on the State of Maryland’s economy.

Women Spanning the Globe

The yearly event showcases the successful female business leaders of the Mid-Atlantic region. The event offers the opportunity for women to connect and learn from their peers. A panel of regional women leaders offers insights on emerging trends in global leadership.

Embassy Night

Embassy Night is an opportunity for diplomats and business leaders to learn, network and exchange ideas. The fall event honors top country and company connections of the Mid-Atlantic region and offers business leaders the opportunity to connect with over 30 embassies at one time.

Founders Anniversary & State of Business Showcase

The year-end event showcases WTCI’s founders, founding firms and premier partners. Individual global businesses are profiles and a State of the Ports or other major global address is delivered. The reception typically offers international wine tasting and food.

International Business Series

Taste of Business Series: The series features a specific international market including its foods, flavors and facts in an intimate setting. Attendees have the opportunity to hear from companies that had business experiences in the foreign market and informally learn from and network with others.

Inside Series: Co-hosted with the Regional Manufacturing Institute, the program enables successful companies located in and around Maryland to share their international experiences. The series features highly topical insights from senior business leaders spanning multiple industries and gives a chance to go inside their facilities.

Presidents’ Series: A forum featuring Maryland’s former International Business Leadership Award Winners in a smaller and more intimate setting, providing senior executives from the region the opportunity to exchange knowledge and best business practices of managing a global operation.

International Business Services

WTCI’s network connections’ services consist of assistance in identifying and building business relationships, access to WTCI network members, access to the Washington D.C. diplomatic community, access to the global WTCA network, and access to the World Bank program.[9]

WTCI provides multiple global intelligence services including: daily Global Strategic Briefs, containing important international headlines and analysis by industry experts; International Traveler's Packages, with an in-depth overview of any country, key contacts, and tools to familiarize new-to-market travelers with local business practices and culture; and access to proprietary global trade data.[9]

In March 2011, WTCI was selected by the World Bank to act as the Mid-Atlantic region’s Private Sector Liaison Officer (PSLO). The PSLO enables the region’s business community to use the World Bank program as a way to engage the private sector in international development programs. WTCI joined three other organizations in the United States with the World Bank accreditation, including the Chicago Global Mid-West Alliance, the Greater Houston Partnership and the Trade Development Alliance of Greater Seattle.[7]

Professional Exchanges Program

The World Trade Center Institute (WTCI)’s Professional Exchanges Program (PEP) division is responsible for planning and implementing exchange programs for professionals abroad in a variety of countries. Exchange programs coordinated by WTCI are concentrated in various areas of expertise including freedom of the press, national security, education, HIV/AIDS, environment, minority programs, IT and the digital world, foreign policy and government, and economics and business development. WTCI’s PEP is a seasoned host, having facilitated the exchange of business partners, foreign delegations, and expatriates for over twenty years.[10]

In addition, WTCI exclusively manages the U.S. Department of State’s International Leadership Visitors Program (IVLP) for the state of Maryland. Under IVLP, WTCI arranges a series of programs for the benefit of current and future generations of foreign leaders, which attempts to illuminate best practices in a particular field of expertise. The IVLP seeks to enhance international understanding and plays a crucial role in the development of U.S. foreign relations through citizen diplomacy.[10]

WTCI is one of few select organizations certified to take part in USAID’s Community Connections program, allowing it the unique opportunity to host professionals from the Republics of the Former Soviet Union. Community Connections is a program that is primarily concerned with improved cooperation and collaboration between the U.S. and visiting key agencies through new experiences in professional settings and exposure to American culture.[10]

WTCI’s Professional Exchanges Program is also involved with the Fulbright Scholar Program, a program of the Bureau of Educational and Cultural Affairs, U.S. Department of State, and the Foreign Service Institute’s Nationals Training Program.[10]

WTCI Founding Companies

Source:[3]

References

  1. ↑ "ASSOCIATIONS & GOVERNMENT AGENCIES – World Trade Center Institute – Port of Baltimore Directory Online Guide". pobdirectory.com. Retrieved 12 January 2014.
  2. ↑ http://wtcaonline.com/cms_wtca/locate-contact-a-wtc/groups
  3. 1 2 3 4 5 "History and Founders – World Trade Center Institute". wtci.org. Retrieved 12 January 2014.
  4. 1 2 "Book of Lists 2010" Baltimore Business Journal 18 Dec. 2009: Vol. 27
  5. ↑ "Book of Lists 2011" Baltimore Business Journal 17 Dec. 2010: Vol. 28
  6. ↑ "Book of Lists 2012" Baltimore Business Journal 16 Dec. 2011: Vol. 33
  7. 1 2 http://baltimore.citybizlist.com/1/2011/3/10/World-Trade-Center-Institute-Baltimore-Selected-as-World-Bank-Private-Sector-Liaison-Officer.aspx
  8. ↑ "Signature Events and Series – World Trade Center Institute". wtci.org. Retrieved 12 January 2014.
  9. 1 2 "International Member Services – World Trade Center Institute". wtci.org. Retrieved 12 January 2014.
  10. 1 2 3 4 "Professional Exchanges Program – World Trade Center Institute". wtci.org. Retrieved 12 January 2014.
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