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Transatlantic Growth (TAG) Awards

With offices in both London and New York, BritishAmerican Business (BAB) is the leading transatlantic business organisation dedicated to helping companies build their business on both sides of the Atlantic. Our membership brings together the world’s leading multinational and middle market companies across all sectors and geographies.

Who are TAG Awards for?
SMEs who are growing their Transatlantic business

Why enter?
Winners will receive
• recognition for their achievements
• credibility through a rigorous judging process
• brand exposure to the Transatlantic business community
• a package of carefully curated business incentives to offer practical support and encouragement in their progress

The Awards are simple to enter and you can enter in multiple categories
Enter at https://www.babtagawards.com/awards
Shortlist announced early February 2018
Awards ceremony Grange St Paul’s, London on 15 March 2018
For more details contact Anna or Dominic at adoherty@babinc.org or dparker@babinc.org
or visit https://www.babtagawards.com


The Future of Business Immigration


The Future of Business Immigration

with Jonathan Grode, Esq., U.S. Practice Director
Green and Spiegel LLC, Immigration Law Firm
and Ralf D. Wiedemann, Esq., Of Counsel to
Green and Spiegel LLC and German Honorary Consul

REGISTER HERE

With the new administration’s policy changes to visa qualifications, there is also the potential for significant changes to business immigration.

This program led by Jonathan Grode, Esq., U.S. Practice Director for Green and Spiegel LLC and Adjunct Professor of Law at Temple University’s Beasley School of Law, will cover in detail the potential changes and how they will affect businesses that employ foreign nationals. Honorary Consul of Germany Ralf D. Wiedemann, Esq. will also speak about U.S. immigration considerations particular to European companies.

Hosted by:
The German American Chamber of Commerce & Green and Spiegel

Location:
The Greater Philadelphia Chamber of Commerce
200 South Broad Street #700, Philadelphia, PA 19102

Time:
Friday, October 27th, 2017
12:00 PM – 2:00 PM

 Target Audience:
Employers of International Workers
Human Resources Professionals
International Business Owners, CEO’s, COO’s
Foreign Nationals Employed in the U.S. or Seeking Employment in the U.S.

 Registration Fee:
Members: $45
Non-Members: $65

 Lunch is included with admission

Hosted By

Partners

   

 


Brexit & the New Geopolitical Order – Moving Forward, Charting the Economic Relationship Between the UK, EU and the US

On Thursday, October 5, 2017, the BABCPHL hosted a Brexit update seminar. Attendees included members of the British, German, Italian and Swedish Chambers of Commerce, the World Trade Center of Delaware, and the New Castle County Chamber of Commerce. The event was sponsored by BABCPHL Club Level member, McConnell Johnson Real Estate. Networking and the panel discussion took place in the Atrium at the iconic Wilmington landmark building – Hercules Plaza.

Emanuel Adam, Director of Policy & Trade, BritishAmerican Business, who is based in the London office, joined the BABCPHL in Wilmington to moderate the Brexit discussion. Emanuel develops and executes the BritishAmerican Business’ policy advocacy and trade and investment portfolio for British American Business Council (BABC) chapters throughout the world, representing 2000 member companies in the US and the UK. His current key engagements include Brexit negotiations between the UK and the EU and, in this context, the future trade and investment relationship between the UK and the US. He regularly publishes articles, and represents the network and its members in the media. Emanuel was the perfect moderator to lead the more than 50 global professionals who participated in the BABCPHL Brexit seminar through this timely discussion. He commented about the historic relationship between the UK and the US. The countries are each other’s strongest allies, and both the UK and the US are champions of free trade. Emanuel mentioned the UK is committed to addressing global challenges and its willingness to build on the foundations established within a successful EU. He spoke on behalf of the BABC network, and said we will continue to advocate for an outcome that best serves the UK, US, and the EU economies, its citizens, and our businesses, many which operate daily across borders. As companies continue to assess the impact of Brexit to the UK’s attractiveness as a destination for business and investment, it is crucial that parties continue to engage in a constructive and on-going dialogue with the business community, and deliver the best possible Brexit outcome available.

After providing a brief summary of the topic, Emanuel introduced the first speaker – Freya Jackson, Counsellor and Head of the Global and Economic Policy Group at the British Embassy. Freya joined the Embassy team in July 2016. She leads the Embassy’s teams covering a wide range of issues including trade, investment and economic policy, environment and energy, transport and science, research and innovation. Prior to this role, Freya led the Foreign Policy Team in the National Security Secretariat of the UK’s Cabinet Office (NSC equivalent). Before that, she was the Senior Foreign Policy Adviser during the UK’s Presidency of the G8 in 2012. From 2007 to 2011, Freya led the Climate Change and Global Economy negotiating team in the UK’s Mission to the United Nations in New York. Prior to that, Freya worked as the Head of Nuclear & Missile Defense Team for the Security Policy Department, and at various assignments with the FCO across the globe including Buenos Aires, Casablanca, and Mumbai.

Freya spoke about how Brexit came to be, and what potential scenarios lay ahead with respect to negotiated trade deals and the “new world order” the Brexit will create. She commented on Prime Minister Theresa May’s speech in Florence, delivered on September 22, 2017, and explained the UK will seek to establish a transition period of implementation after Brexit. This period will minimize disruption to business during an agreed upon time frame, therefore avoiding a “cliff-edge” scenario. This arrangement will be crucial to our community, and includes major American investors and leading British firms. Freya talked about how we ended up where we are now; touched upon Article 50 being triggered; and mentioned that four rounds of negotiations with the EU have already been completed. Currently the UK is determining how they are going carry out the Brexit. “A few things are clear – the UK plans to: (1) take care of their citizens; (2) protect the Belfast Agreement; (3) protect the rights of EU citizens; and (4) budget – the UK is expected to pay their way.” Freya carefully explained there are two sides of the equation – the economic side and the societal side. Regulatory standards are high, and custom built dispute regulations will need to be established. From a security standpoint, the UK doesn’t want anything to change; the UK would like to continue to support freedom of movement, and access to global markets.

Andrea Montanino, the C. Boyden Gray Fellow on Global Growth and Finance, and the Director of Global Business & Economics Program at the Atlantic Council focused on the transition from multilateral to bilateral trade agreements; geopolitical issues; and what all of this will mean for labor and trade. Andrea leads the Council’s work on global trade, growth, and finance. He formerly acted as executive director of the International Monetary Fund (IMF), representing the governments of Italy, Albania, Greece, Malta, Portugal, and San Marino. Before joining the IMF, he was a career officer in the Italian Ministry of Finance from 2006 to 2012. As director general at the Treasury Department, he worked extensively to alleviate the impact of the great recession on the business sector, drafting and implementing a number of laws. He also spent four years (2001-2005) at the European Commission in the Directorate General for Economic and Financial Affairs. During those years, he worked on the reform of the EU budgetary rules and was responsible for the long-term sustainability analysis of European countries.

Andrea’s expertise perfectly positioned him to explain how looking at what happened with Greece and the “Grexit” is an important example of how to proceed. The world should take away four lessons learned from the Greece experience: (1) Brexit is a very complicated matter and leaders need to be creative and imaginative to solve the problem; (2) due to the complex nature of the situation, sufficient time is required for a positive outcome; (3) both sides need trust and confidence in the other party; and (4) strong political leadership is key.

After Andrea’s comments about the best case scenario of how to proceed with Brexit, Howard Kass, Vice President of Regulatory Affairs for American Airlines, who oversees American’s regulatory compliance, policy development, corporate security and international affairs and works closely with regulatory authorities in Washington, D.C., and around the world, spoke about how Brexit will impact business, specifically the aviation sector. Howard joined US Airways in 2003 as a director and associate general counsel and most recently was vice president, legal and government affairs for the Airline. Before joining US Airways, Howard worked for the Transportation Security Administration, where he held deputy director and director positions. Prior to the TSA, he was a senior associate with the management consulting firm Booz, Allen, Hamilton in McLean, Virginia. He was also a consultant with GKMG Consulting Services where he advised airport and transportation industry clients on Department of Transportation and FAA regulations. During Howard’s presentation he explained how the aviation industry will be affected by Brexit.

Howard focused his discussion on what needs to happen for a smooth transition to ensure minimal disruption to supply chains, transport of people and goods, and global regulations. He explained the interesting challenges Brexit poses, especially for the airline industry, in which travel plans are made at least one year in advance. Aviation is extremely engaged in Brexit discussions. Separate agreements between the UK and US and the UK and the EU will need to be negotiated to ensure people and goods can continue to fly across borders. Brexit poses both political and philosophical challenges.

Currently there is still a great deal of uncertainty. Brexit is unchartered territory, and the UK exit from the EU is forcing the world to rethink future global relationships. Europe will be redefined, and leaders will need to focus on the important relationships between trade groups and companies of all sizes, including a special focus on small and medium sized enterprises. Despite the current ambiguity of the situation, attendees were actively engaged in the seminar, and asked a series of questions after the panelists’ presentations. As Brexit continues to evolve, it is clear that creativity, time, trust, and strong leadership are the way forward.

The BABCPHL extends special thanks to event sponsors without whom this program would not have been possible: 1313 Innovation, American Airlines, Atlantic Council, and McConnell Johnson Real Estate.

Click here for photos


Cybersecurity – Protecting the Crown Jewels of Your Business

On Tuesday, September 26, 2017, the BABCPHL hosted a cybersecurity seminar outlining the threat landscape; presenting the mitigation responses; and discussing the complexities of the topic. Technology is both a blessing and a curse, and cyber criminals do not need visas or passports to travel between countries.  Cybercrime permeates the globe, and humans are the weak link.  Social engineering plays a big role in the cybercrime equation.  More than 50 people from the British, French, German and Italian Chambers gathered for this dynamic discussion at the Chamber of Commerce for Greater Philadelphia.

Dr. Robert D’Ovidio, Associate Professor in the Department of Criminology and Justice Studies and an Associate Dean in the College of Arts and Sciences at Drexel University, framed and introduced the subject matter. “Online safety is a very complex problem, and it is highlighted by the diversity of the people engaged in using the very technology.”  Rob explained no comprehensive solution exists to protect businesses and people.  Companies and individuals must have responsible environments and promote dialogue about conscientious behaviors.  He set the stage for each of the panelists to discuss what constitutes a breach notification; the importance of prevention plans and education; the current risks; and the variation of laws and standards depending upon jurisdiction.  To kick things off, Rob asked Larry Hershman, Partner at Black Cipher Security to lead the audience through a two minute split screen user/hacker example.  Watching silently, attendees squirmed and blood pressures rose.  The dramatic hacking demo showed just how sneaky a cybercriminal can be, posing as a helpful security measure update, when in fact they are anything but that.  Hackers often rely on social engineering to gain access to valuable data without the compromised individual ever even knowing their information was breached.  This visual example showed how easy, quick, and simple a cyberattack can be executed.

In addition to walking the audience through the hacking demo, Larry talked about the types of cyber threats that are currently out there. He discussed what can be done to mitigate risk, and how to manage complex digital forensic and data breach investigations. Mitigation includes five steps (1) determining if what happened is an incident or a breach; (2) containing it; (3) eradicating it; (4) restoring information; and (5) comprehending lessons learned. Larry also focused his discussion on personally identifiable information (PII); how it is regulated; and the latest tools and techniques available to protect data.

Dan Castle, Information Protection Director at Cigna focused on identity and access management (IAM) – ensuring the right people have the right access to the right systems for the right reasons at the right time. Dan explained IAM is a core business function, not a technical one.  Entitlements are generally grouped into roles, and individuals are not granted entitlements directly, but rather through roles.  These roles need to be managed as employees join, move within, or leave an organization.  The challenge of being globally consistent while also regionally respective is tricky to navigate.  Dan described the area of IAM as complex in nature.  Much depends upon how well educated the users are; who has access to what information; and how data is stored and secured. Multi-factor authentication (MFA) has to be the way forward.

Michael Davis, Principal at Ernst & Young LLP focuses his practice on integrating cyber solutions and controls into business processes and technical operations for life sciences and health care industry clients. Michael laid the groundwork for his discussion by explaining how companies need to start by identifying what is most important to protect, and understanding how regulations and compliance mandates are addressing cyber risk.  Michael stated, “People are the weakest link.  Attackers, while sophisticated, are lazy.  They go for the easiest targets.”  The financial services industry, buying and selling credit card information for example, used to be the easiest group to hit.  Currently, the health care industry is a soft target.

Criminals target an individual within an organization to stealthily capture third party information, and then use very basic internet research skills to obtain additional details about a person. For example, cyber attackers steal personal information such as name, social security number, email and mailing addresses, etc. and then do a comprehensive search of social media and other sites where people willingly give away their identity, including things like children’s and pet’s names, to round out a person’s identity.  If an individual’s personal healthcare record falls into the wrong hands, the aforementioned personal data isn’t the only information obtained.  Now medical issues, such as diseases, medications taken, etc. are in the hands of an unauthorized individual.  A breach can suddenly turn into a question of life and death if a medical record is altered, and a wrong prescription is filled, and administered.

Presenters provided extremely valuable information, and painted a truly alarming picture of the threatening landscape we all traverse on a daily basis. Cybersecurity is undoubtedly a global top of mind issue affecting individuals, companies of all sizes, and every industry sector throughout the world – no one is exempt.  Before inviting audience questions and answers, Rob ended the presentation portion of the seminar by asking each panelist what keeps them up at night.  Michael said the speed at which everyday life is being integrated with technology.  Dan said the internet of things – technology creating a trail.  And Larry said the lack of awareness and understanding that everyone is a target.  Every person in the room left the seminar with the clear realization that cybersecurity must be at the forefront of business practices as modern technology continues to evolve and develop.

The BABCPHL extends special thanks to event sponsors without whom this program would not have been possible: Black Cipher Security, Cigna, Ernst & Young LLP, and the Welsh Government.

Click here to view photos

Click here to read E&Y’s Article: When Privacy is Not Something to Keep Quiet About


New British American Business Council head hopes to enhance local ties with the U.K.

After spending much of his career handling cross-border deals, Morgan Lewis & Bockius partner Michael Pedrick has been appointed president of the British American Business Council of Greater Philadelphia (BABCPHL).

Pedrick, a founding member of the organization, will serve a two year term. During that time, he said he hopes to provide key programming for local businesses on hot topics such as Brexit while also spreading the organization’s reach.

Pedrick, a New Orleans native, joined Morgan Lewis in 1988 and represents borrowers in financing transactions and corporate clients in strategic acquisitions and internal restructuring. Many of his transactions are cross-border in nature, with a good number of clients either emanating from the United Kingdom or U.S companies seeking to do business there.

Pedrick has been involved for about 15 years with BABCPHL, which is one of 22 chapters in the United States, United Kingdom and Canada. He said membership includes over 250 companies and individuals that have businesses in the region.

There are “club level” members offered by invite only to companies interested in a more committed relationship with the organization. They include law firms Drinker Biddle & Reath, Duane Morris, Morgan Lewis and Pepper Hamilton, TD and HSBC banks, American Airlines, United Airlines and Virgin Atlantic Airways, Cigna and all of the Big Four accounting firms.

Pedrick said he met with Philadelphia Commerce Director Harold Epps and the department’s Director of International Investment, Lauren Swartz, to discuss how he can work with them to facilitate more business activity with U.K entities.

“I met with them so if they have something that requires recruiting a U.K. business, we will work with the city and state to help those businesses understand the atmosphere here,” Pedrick said.

The U.K. is the fourth-largest trade partner with Pennsylvania, behind Canada, Mexico and China — a statistic that mirrors many other states. Pedrick said the biggest industry sector in the U.K. is chemicals and two-thirds of the businesses are small or midsized.

“The sectors really match up well with Philadelphia and its strengths,” Pedrick said. “Life sciences, education, chemicals. It’s very tech oriented.”

Swartz said the U.K. is also the foreign country with the largest number of companies and employees in this region. drug companies GlaxoSmithKline and Adaptimmune both have significant operations in Greater Philadelphia.

More recently, Frank Recruitment Group, a British staffing firm focused on tech jobs, signed a five-year lease last year to take a 21,300-square-foot office at 1801 Market St. and said this summer that it was nearly halfway toward meeting its goal of creating 250 local jobs.

U.K. sandwich chain Pret A Manger expanded into Philadelphia for the first time this summer when it opened two locations at the University of Pennsylvania.

The latest entry into the market is Shout Digital, a digital marketing firm founded in 2009 that recently opened offices in One Liberty Place.

There are also U.S. companies expanding into the U.K. market. In May, Center City-based startup Curalate, which creates software that links brands’ online visual content to points of purchase, announced it’s officially launched a U.K. arm to take advantage of the growing demand it is experiencing in Europe.

At Philly Tech Week last May, BABCPHL held its annual “Uber and Out” discussion on tech in the region and how U.K. businesses play a role in its growth.

BABCPHL has two events coming up in the coming weeks. One deals with global cyber security issues and the other explores the future economic relationship between the EU and the UK, including strategic direction; steps toward Brexit; legal implications; and employment and data protection/privacy laws.

Read Full Article


Summer 2017 International Business Networking Reception

Summer 2017 International Business Networking Reception

On Wednesday, July 26, 2017 the British American Business Council of Greater Philadelphia (BABCPHL) partnered with the Asian, French, German, Hispanic, Irish, Israeli, Italian, Russian, Norwegian, and Swedish American Chambers of Commerce for the Seventh Annual Summer International Business Networking Reception. Nearly 300 global business executives gathered at the National Museum of Jewish History for this annual meeting of the who’s who of international relations in the Greater Philadelphia region.  Councilman At-Large, David Oh was the featured speaker.

Councilman Oh began his remarks by referencing a recent injury he had suffered when returning to his Philadelphia home after a long night at work. He spoke about motivation and spirit, and how he was inspired to return home from the hospital after seeing his children’s reaction to his injury.  He then related this to the City of Philadelphia, and how the region has recently enhanced its international trade presence.  Councilman Oh credited this to the cutting-edge businesses, organizations like the International Chambers of Commerce, and people within the City of Philadelphia, and explained how they are the driving force of advancement.  He acknowledged the twelve participating Chambers, and noted organizations like these are what stimulate the Mayor’s Office to become a larger player in the international business arena.  Councilman Oh closed by thanking all in attendance, and offered an invitation into his office for anyone with any suggestions or ideas they may have, adding, “if you do not push us, we will not come together.”

Special thanks to the Chilean Chamber for organizing such an important program for the international business community and to event sponsors: Aramark, DRS, Fox Center for International Business & Research, Klasko Immigration Law Partners, Santander, and Wouch Maloney & Co. LLP.

View photos HERE.

 


BREAKING NEWS: Statement on UK Election Results

British-American Business Council (BABC) Statement on the 2017 UK Election Result

The next UK Government is charged to deliver one of the greatest political and legislative challenges of our time: Defining a new relationship between the United Kingdom (UK) and the European Union (EU).

Our network represents 22 chapters in major cities throughout the US, UK and Canada, including major British and leading American firms, the latter accounting for the largest source of Foreign Direct Investment (FDI) in the UK. The majority of transatlantic businesses wished to see the UK remain a part of the EU – the world’s largest trading block. Transatlantic business therefore has a huge stake in the outcome of Brexit negotiations. In the light of the British people’s decision we are committed to help building a fair, competitive and global Britain, in partnership with the EU and other countries in the world.

Delivering clarity on Brexit negotiations

To ensure that the UK remains an attractive place to live, work and invest in, it is imperative that the new UK Government delivers clarity as to when and how it wants to proceed with the Brexit negotiations. Any outcome of the negotiations needs to ensure that it supports British business’ trade in goods, services and data flows, secures US investment and investment-related jobs in the UK and creates the conditions that promotes the UK as an attractive destination for investment going forward.

The BABC appreciates the previous UK Government and Departments efforts in addressing our transatlantic business’ concerns and priorities. Now, with the first negotiation round in sight, we urge the new Government to show its promised openness to find practical, reasonable solutions to the complexity of issues that Brexit entails, and sufficient time for businesses to adjust. Our overall call for the new UK Government remains that the period of uncertainty needs to be as short as possible.

Ensuring a strong and sturdy UK economy now and post-Brexit

A strong UK economy is important for business, workers and consumers; and it is a crucial factor in ensuring a strong role for the UK during the negotiations with the EU.

The next Government’s objective needs to create an even more competitive business environment, particularly through a smart and encouraging tax system, investment in infrastructure, an immigration system that allows our companies to attract the skilled talent they need, and a focus on trade and investment and the delivery of a comprehensive Industrial Strategy, among others.

US-UK Economic Relationship as a source of strength and opportunity

The UK-US economic relationship stands for unparalleled business ties across the Atlantic. The US is the number one export destination for the majority of UK regions and nations. UK firms continue to grow and expand into the US. US firms employ more than one million workers in the UK.

There has never been a better opportunity to relaunch and strengthen the UK-US economic relationship as a source of strength and opportunity. We are excited about the shared commitment expressed by the political leaders to explore future options of further economic integration.

Even during the complex Brexit negotiations, much can be done to offer more opportunities for UK and US firms in each other’s markets. We encourage the next UK Government to continue efforts to open a formal dialogue on the future of the UK-US trade and investment relationship; meant to provide short- and mid-term options that can help to foster UK-US trade in goods and services, too deepen investment, and to explore options for formal trade arrangements in the future that can work in partnership with the EU and other countries.

British-American Business Council (BABC):

The British-American Business Council (BABC) is the largest transatlantic business network, with 22 chapters in the UK, US and Canada, and over 2,000 member companies based in major business centers throughout North America and the United Kingdom. Its membership includes many of the world’s largest multinationals, as well as hundreds of middle market and smaller companies.

The Secretariat as well as the Policy and Trade support for the BABC is being provided by BritishAmerican Business (London).

 

 

 

 


2017 International Soccer Night

On Wednesday, May 17, 2017 the British American Business Council of Greater Philadelphia teamed up with the Chilean, French and German American Chambers of Commerce for International Soccer Night at Talen Energy Stadium in Chester, PA. More than 50 attendees gathered on the deck overlooking the beautiful stadium and river for networking, food and drinks.  The evening was perfect – the sun was shining and it was warm and breezy.  And, Union earned their third win, ending in 2-0 against Houston.

Before guests were escorted to their reserved stadium seats, BABC sponsor companies, TD Bank, N.A., Pepper Hamilton LLP and Johnson, Kendall & Johnson as well our hosts from the Philadelphia Union spoke briefly about their businesses. Jane Rosenberg, Executive Director of the BABC of Greater Philadelphia welcomed guests, thanked the partnering organizations, and introduced the sponsors.

Todd Sturza, Managing Director for TD Securities spoke on behalf of TD Bank. Todd has been an active BABC Club Level and Board Member for the past ten years.  He has 25 years of experience in corporate and investment banking, and has spent the past nine years at TD.  TD Bank is one of the 10 largest banks in the US, with approximately 26,000 employees and deep roots in the community dating back more than 150 years. The Bank offers a broad array of retail, small business and commercial banking products and services to more than 8.5 million customers through its extensive network of approximately 1,300 locations.  In addition to banking products, TD Bank and its subsidiaries offer customized private banking and wealth management services.  TD Bank is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America.

Jay Jumper, Partner at Pepper Hamilton, in the Berwyn office spoke on behalf of the Firm. Jay is a member of Pepper’s Corporate and Securities and Life Sciences practice groups and a member of the steering committee of the Firm’s Emerging Growth Group.  His practice is focused on mergers and acquisitions, public and private securities-related transactions, and general corporate matters.  Pepper is one of the founding members of the BABC.  Pepper Hamilton is a multi-practice law firm with more than 450 lawyers nationally.  The firm provides corporate, litigation and regulatory legal services to leading businesses, governmental entities, nonprofit organizations and individuals throughout the nation and the world.

Michael McGuire, Account Executive from Johnson, Kendall & Johnson (JKJ) participated on behalf of the company. Michael has been with JKJ for two years, and has been tasked with developing new client relationships both abroad and domestically.  JKJ has been a corporate member of the BABC for several years.  JKJ is an insurance brokerage and risk management firm located in Newtown, PA, that has been managing corporate and personal needs for more than 60 years. JKJ’s personalized services in property and casualty insurance; risk and safety management services and claims consulting; group benefits; individual life, home and asset protection program development; financial services; and retirement planning allow JKJ clients to focus on their respective business while JKJ provides direction in managing the risk.  The Company is licensed in various lines of business in all 50 states, with access to all of the major insurance markets. In addition, JKJ is the founding board members of RiskProNet International and UNiBA Partners international insurance brokers. These organizations support JKJ and one another’s ability to work with and provide dedicated services to international clients, and conduct various business lines in all 50 states, with access to all of the major insurance markets.

Carl Cherkin, Vice President of Business Relations & Communications with Philadelphia Union was our last speaker.   Since the stadium opened, Philadelphia Union has been a steadfast friend to the BABC – we have hosted numerous events with them, and they have always offered coveted branded gear and tickets to games throughout the year.  Carl has been on staff with Philadelphia Union from the very beginning.   He originally joined the club in 2009, as VP, Public Relations and helped guide the successful launch of the 16th team in MLS, in one of this country’s most competitive sports environments.  Carl spoke about Philadelphia Union’s history and development.  Philadelphia was awarded Major League Soccer’s 16th team on February 28, 2008. The combination of extensive grassroots support spearheaded by the Sons of Ben and a public/private partnership between Philadelphia Union, the State of Pennsylvania, Delaware County and the City of Chester enabled the construction of a state-of-the-art soccer stadium and convinced MLS that the Philadelphia region deserved a soccer team.   On March 25, 2010, Philadelphia played its first ever match, a 2-0 loss to Seattle Sounders FC.  On April 10, 2010, the club’s Inaugural Home Opener, Philadelphia notched the first victory in team history beating D.C. United 3-2 in front of 34,870 fans.

The stadium is a magnificent place, and the international business community enjoyed a perfect evening. The weather was ideal, networking food and drink flowed freely and the Union won!  Special thanks to sponsor companies TD Bank, N.A., Pepper Hamilton, LLP and Johnson, Kendall & Johnson for sponsoring the evening.

View event photos here.


UK Prime Minister’s Statement on the Attack in Manchester

I have just chaired a meeting of the Government’s emergency committee Cobr, where we discussed the details of – and the response to – the appalling events in Manchester last night.

Our thoughts and prayers are with the victims, and the families and friends of all those affected.

It is now beyond doubt that the people of Manchester – and of this country – have fallen victim to a callous terrorist attack – an attack that targeted some of the youngest people in our society with cold calculation.

This was among the worst terrorist incidents we have ever experienced in the United Kingdom.  And although it is not the first time Manchester has suffered in this way, it is the worst attack the city has experienced, and the worst ever to hit the North of England.

The police and security services are working at speed to establish the complete picture, but I want to tell you what I can at this stage.

At 10.33 last night, the police were called to reports of an explosion at Manchester Arena, in Manchester city centre, near Victoria Train Station.

We now know that a single terrorist detonated his improvised explosive device near one of the exits of the venue, deliberately choosing the time and place to cause maximum carnage and to kill and injure indiscriminately. The explosion coincided with the conclusion of a pop concert, which was attended by many young families and groups of children.

All acts of terrorism are cowardly attacks on innocent people, but this attack stands out for its appalling, sickening cowardice –deliberately targeting innocent, defenceless children and young people who should have been enjoying one of the most memorable nights of their lives.

As things stand, I can tell you that, in addition to the attacker, 22 people have died and 59 people have been injured. Those who were injured are being treated in eight different hospitals across Greater Manchester. Many are being treated for life-threatening conditions.  And we know that among those killed and injured were many children and young people.

We struggle to comprehend the warped and twisted mind that sees a room packed with young children not as a scene to cherish, but as an opportunity for carnage.

But we can continue to resolve to thwart such attacks in future, to take on and defeat the ideology that often fuels this violence, and if there turn out to be others responsible for this attack, to seek them out and bring them to justice.

The police and security services believe that the attack was carried out by one man, but they now need to know whether he was acting alone or as part of a wider group.  It will take some time to establish these facts, and the investigation will continue. The police and security services will be given all the resources they need to complete that task.

The police and security services believe they know the identity of the perpetrator, but at this stage of their investigations we cannot confirm his name.

The police and emergency services have – as always – acted with great courage and on behalf of the country I want to express our gratitude to them.  They acted in accordance with the plans they have in place and the exercises they conduct to test those plans, and they performed with the utmost professionalism.  400 police officers were involved in the operation through the night, and many paramedics, doctors and nurses have worked valiantly – amid traumatic and terrible scenes – to save lives and care for the wounded.

Significant resources have been deployed to the police investigation and there continue to be visible patrols around Manchester, which include the deployment of armed officers.

For people who live and work in Manchester, there remains a large cordon in place around Manchester Arena and Victoria Station, which will be in place for some time. The station is closed and will remain closed while a detailed forensic search is underway.

We know that many friends and relatives of people caught up in the attack are still trying to find out what has happened to their children, brothers and sisters, parents, and loved ones. So please think of those people who are experiencing unimaginable worry, and if you have any information at all relating to the attack, please contact Greater Manchester Police.

The threat level remains at SEVERE.  That means that a terrorist attack remains highly likely.  But the independent Joint Terrorism Analysis Centre, which sets the threat level on the basis of the intelligence available to them, will continue to assess this throughout today and in the days ahead.

Later today, I will travel to Manchester to meet the Chief Constable of Greater Manchester Police, Ian Hopkins, the Mayor of Greater Manchester, Andy Burnham, and members of the emergency services who have come to Manchester’s aid in its moment of need.  And – as I announced last night – the general election campaign has been suspended.  I will chair another meeting of Cobr later today.

At terrible moments like these it is customary for leaders, politicians and others to condemn the perpetrators and declare that the terrorists will not win.  But the fact that we have been here before, and the fact that we need to say this again, does not make it any less true.

For as so often, while we experienced the worst of humanity in Manchester last night, we also saw the best.

The cowardice of the attacker met the bravery of the emergency services and the people of Manchester. The attempt to divide us met countless acts of kindness that brought people closer together.

And in the days ahead, those must be the things we remember.

The images we hold in our minds should not be those of senseless slaughter, but of the ordinary men and women who put concerns about their own safety to one side and rushed to help.

Of the men and women of the emergency services who worked tirelessly to bring comfort, to help and to save lives.

Of the messages of solidarity and hope of all those who opened their homes to the victims.

For they are the images that embody the spirit of Manchester and the spirit of Britain – a spirit that, through years of conflict and terrorism, has never been broken. And will never be broken.

There will be difficult days ahead. We offer our thoughts and prayers to the family and friends of those affected. We offer our full support to the authorities, the emergency and the security services as they go about their work. And we all – every single one of us – stand with the people of Manchester at this terrible time.

And today, let us remember those who died and let us celebrate those who helped, safe in the knowledge that the terrorists will never win – and our values, our country and our way of life will always prevail.

 


Uber & Out – What Happens After Start Up?

On Thursday, April 27, 2017, the BABC of Greater Philadelphia Young Professionals Group (YPG) hosted the sixth annual panel discussion and networking event: Uber and Out – What Happens After Start Up? Young professional entrepreneurs are the driving force behind current economic development in our region and around the world.  The creative and information technology sectors are two of the fastest growing industries.  This discussion focused on our region’s entrepreneurial-friendly environment, and how Philadelphia compares to other Smart Cities.  Panelists addressed the Internet of Things and how this topic is shaping not only regional development, but the trajectory of the global economy.  Creative and information technology sectors, innovation, Smart Cities, young professional entrepreneurs, Brexit, and cybersecurity were all part of the discussion.  Jason Gosselin, Partner at Drinker Biddle & Reath LLP, moderated the session and led the panelists through their talk.  It was a free-flowing, dynamic discussion with questions from the audience peppered throughout.

Dimitris Horiatis, Vice-Consul, ICT & Creative Media, Department for International Trade, set the stage. He discussed the creative sector, the largest sector in the UK after financial services.  The UK is setting trends in music, art, and advertising.  The largest global brands are concentrated in London.  The UK spends a higher proportion of its GDP on advertising than other major markets, and leads Europe in digital advertising. Its £8.6bn digital advertising market is bigger than the French and German markets combined and only second to China’s in terms of its share in proportion to the overall advertising market.  Technology is creating new developments in the creative sector.  The crossover generated by VR / AR technology and creative approaches to traditional industries and enterprise is a key UK opportunity.  UK software and tools businesses are creating new platforms for content development.  While hardware manufacture is unlikely to form a key part of the UK VR industry, UK companies are able to deliver software tools and peripherals to support VR content production and experience.  US companies looking to expand internationally choose to look toward the UK first for automotive, consumer goods, multiculturalism, and a large talent pool.  The UK is interested in negotiating a favorable trade deal with the EU – this will create and grow the international talent pool.  Philadelphia is a key market for the UK due to geography/accessibility.  The Greater Philadelphia region boasts a burgeoning tech sector and artistic community, making it a great partner for UK businesses.

Ellen Hwang, Program Manager for Innovation Management, City of Philadelphia and Archna Sahay, Director of Entrepreneurial Investment, Department of Commerce, City of Philadelphia explained the “Smart City” initiative and how the region compares to other areas. They discussed the important economic development impact of start-ups, and the entrepreneurial community, and civic tech organizations in Philadelphia.  Archna highlighted the StartupPHL program – a platform supporting entrepreneurs in the City – and what commerce is doing to enhance this initiative.  Philadelphia is at the forefront and can provide leadership outside of the City.

Jay Jumper, Partner, Pepper Hamilton LLP spoke about emerging companies and venture capital markets. He provided data and other findings from 2016 and talked about the economic outlook for 2017.  Jay’s discussion touched upon market performance, trends and expectations, and the “hot” sectors.  Where and what are the trends for entrepreneurs to seek capital and grow their business?  What does “working smarter” mean and how are emerging companies embracing these trends?  For example, Jay highlighted shared workspace, networking and meet-up groups, online resources and tools.  Jay discussed what’s unique about Philly and the local start-up environment.

Sophie Ding, Senior, Advisory Services – Cybersecurity, Ernst and Young LLP highlighted the key trends in the global cybersecurity market. She talked about Brexit and cybersecurity and what BABC members need to know.  Disruptive technology, like that of Uber for example, creates new risks for businesses and individuals.  Sophie also touched upon her Firm’s entrepreneurial environment, innovation and thought leadership in emerging technologies.

Shari Shapiro, Senior Manager for Public Affairs for Pennsylvania and Delaware at Uber, talked about the City’s adoption of Uber, drivers and riders. She provided interesting international visitor stats for the Greater Philadelphia region.  Uber had riders from 76 different countries last month, and many more during the DNC and other major events.  Shari explained how Uber has met with success and grown through partnerships with local institutions.  She explained how there have been challenges and hurdles in the regulatory environment both at the State and City levels.  Uber and companies like Uber are imploring the City to translate “Philadelphia is open for business” into practice.

While each presenter covered a different topic, a consistency across the board was the importance of education – developing a pipeline of STEM students and ensuring diversity and minority participation. Mentoring future professionals and grooming the up and coming working pool of potential employees will provide a competitive advantage for businesses and our region.

Conversation and questions from the audience could have gone on well into the evening. Jason thanked partnering organizations: Philly Startup Leaders (PSL) and Select Greater Philadelphia.  PSL began in September of 2007 as a handful of entrepreneurs meeting in the back of a neighborhood bar to trade war stories – fast forward and PSL years later has thousands of members.  PSL is a volunteer, grassroots organization of startup entrepreneurs dedicated to helping each other on their entrepreneurial journeys.  PSL provides emotional and practical support to mentor and coach new entrepreneurs.  The group collaborates and connects with other people and organizations who are not themselves entrepreneurial.  Select Greater Philadelphia is the region’s business attraction organization for the 11 counties within the Greater Philadelphia Region.  Select provides comprehensive regional data to help companies, site selectors, economic development teams, real estate professionals and others make informed decisions when relocating to and expanding across the Greater Philadelphia marketplace.  Jason asked Jane Rosenberg, BABC Executive Director to pull the winning business card for four tickets to a Philadelphia Union home game this season.  Lastly, he thanked BABC Marketing & Communications Chairman and long-time board member Ian Cross, proprietor of the Trestle Inn for hosting us.  Jason encouraged attendees to join us for our next program – International Soccer Night at Talen Energy Stadium to watch Philadelphia Union vs. Houston Dynamo on Wednesday, May 17 from 6-9:30 pm.

Attendees networked long after the formal part of the program ended. Everyone enjoyed their signature whiskey sours, while developing new and enhancing old business ties. http://www.thetrestleinn.com/

Special thanks to Philly Startup Leaders and Select Greater Philadelphia for partnering with us.

Click here to view photos from the event.

Philadelphia Business Journal Article

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The BABCPHL recognizes our Club Level Members:

  • American Airlines
  • Bartlett
  • Cigna
  • Deloitte
  • Drinker Biddle & Reath LLP
  • Duane Morris
  • Ernst & Young
  • HSBC
  • KPMG
  • McConnell Johnson Real Estate
  • Morgan Lewis
  • Law Firm of Pepper Hamilton
  • PriceWaterhouseCoopers
  • TD Bank
  • United Airlines
  • Virgin Atlantic