Learn more about the Global Chamber here: www.globalchamber.org
Learn more about Growth Nation here: www.growthnation.com
Thank you. Doug Bruhnke
AZIGG events provide information and resources to Arizona-based business owners as they look to grow internationally. Welcome internationalists!


This month, we're honored to have Lee Benson kick-off the AZIGG event, CEO of Able Engineering & Component Services. Able Engineering received the 2011 Excellence in Global Business award at the annual PCFR Global State of the State event from Arizona District Export Council.
Based in Phoenix, Able Engineering counted sales of $33.5 million in 2010, 33% of which were with international customers.
AZIGG: Be Able, Be Funded, Grow Globally
Be More Successful with Exports and Global Growth
Lee Benson - President/CEO, Able Engineering
Kevin O'Shea - STEP Program Manager, Arizona Commerce Authority
Pellson Lau - Regional Manager, Export Solutions Group, U.S. SBA
Doug Bruhnke - CEO, Growth Nation
Monday, March 5, 2012
7:30am – 9:00am
SkySong 1475 N Scottsdale Rd in Scottsdale (Global Room, 2nd Floor)
$20 in advance ($25 @ the door)
Dunkin' donuts, Dunkin' coffee, O.J. and free parking.
Who should attend: Leaders looking for tips to grow globally.


Thank you to the global business community's support of AZIGG. Let's keep raising the water level and the bar for global business in Arizona.
All the best, Doug
Doug Bruhnke
President, AZIGG
This article by Doug Bruhnke appeared in the November 7, 2008 Phoenix Business Journal. http://phoenix.bizjournals.com/phoenix/“In 2007-2008, GPEC found ways to keep Foreign Direct Investment in Arizona improving despite last year’s spending cut by the legislature,” says Miller. “We need investment to capture strategic industry growth for Arizona like Germany-based solar companies. In the current environment, increasing our investment in economic development initiatives will support a quicker and stronger economic recovery.”
Yet Arizona is in the bottom half of US states in attracting Foreign Direct Investment because it spends less on marketing per capita than the national average. GPEC and the Arizona Department of Commerce are making progress, but more opportunity is available. Nonetheless there are positive indicators that Arizona’s global profile is improving, and other investment mechanisms are supporting globalization of Arizona-based businesses.
Firms are taking unilateral action to invest in the global economy. That’s not an option for everyone, and those proceeding to enter the global market should take carefully considered actions that are well-funded. Arizona has funding resources available to support growth.
Early-stage firms presenting to investors at the Scottsdale-based Invest Southwest Capital Conference sponsored by The Miller Group (www.investsouthwest.org) have raised over $300 million. This year there’s a higher level of interest by companies to participate, and the conference will include a company based outside the US for the first time.
“Submissions by early-stage firms increased this year by 20%,” says Dave Bittner, Chairman of Invest Southwest and CEO of Beanstalk CFO. “In addition to Arizona-based companies, the Invest Southwest selection committee chose companies from two other states and Mexico, indicating that word about funding opportunities in Arizona is getting out”.
Arizona companies looking to grow globally are well advised to seek out experts who have “been there, done that” with international operations, marketing and funding. One community asset that small and medium-sized businesses can turn to is SCORE, which in addition to being an alliance partner for Invest Southwest, offers business seminars and free counseling.
“Experienced volunteers at Greater Phoenix SCORE mentor and counsel small businesses in each aspect of global expansion”, says Chet Ross, Chairman of Greater Phoenix SCORE and District Director for SCORE in Arizona (www.scorephoenix.org). “A large portion of our funding comes from the US Small Business Administration (SBA), making SCORE the ideal source for guidance on loans – including export loans – guaranteed on behalf of the US government by the SBA.”
Several options for export loans exist. The United States Export-Import Bank was established in 1934 to guarantee payment to American businesses on exports, handling the financial risk that commercial lenders will not assume. This reduces the overall risk for US firms selling globally. A variety of export credit insurance and loan guarantee tools exists to encourage US exports.
“International risk management tools for getting paid and for growing sales have high value and complexity”, says Carlos Emmerman, Trade Banking Director at Sonoran Bank. Carlos headed international banking offices for Bank of America and JP Morgan Chase before joining Sonoran Bank. “We sort through the complexity and help small and medium-sized businesses with decisions like when to approach the Export-Import Bank. We’re positioned as the premier community bank for the growing international business market in Arizona.”
The over-riding goal of the Export-Import Bank is to support the growth of US businesses by insuring against non-payment, offering open account payment terms and eliminating the need for expensive letters of credit or pre-payment requirements. The key for any business is selecting the right tool to support their needs.
“Exporting presents a unique set of challenges”, says Adam Keck, Vice President for Bibby Financial. Bibby is a provider of business cash flow solutions for small and medium-sized enterprises, including factoring, export receivables and purchase order financing. The company has been around for over 200 years.
“An exporter often must wait 90 days or more for payment from their international customers,” Keck continues. “In addition, foreign banking systems can be nearly impossible to navigate, with check clearance days and additional bank charges creating unwanted surprises. These issues are easier to recognize and mitigate with a knowledgeable and trustworthy export financing partner.”
FUNDING YOUR INTERNATIONAL GROWTH
When thinking about investing in your global growth, learn from the experts.
1) Don’t take unnecessary risks. Use tools like those at the Export-Import Bank to help you sleep better at night.
2) Use experienced resources. Don’t reinvent the wheel or get run over by global surprises. Experts are available here in Arizona.
3) Ensure that your business is well capitalized. Enter global trade knowing there will be the occasional surprise, and that the journey is well worth it when you’re prepared.
4) Spend a dollar to make at least two. The old adage “spend money to make money” is true for Arizona attracting Foreign Direct Investment, and for Arizona-based firms looking to grow internationally. Invest wisely.
At Thunderbird School of Global Management, AT&T Auditorium
1 Global Place, Glendale
Investment: $10, includes snacks and drinks
Sign-up here: http://www.azigg.com/, or http://www.sebconsulting.com/thunderbird
AZIGG meetings are typically held on First Monday’s. Our home locations are Jobing.com near 22nd and Camelback or the Maricopa County Board of Supervisors Auditorium at Second Avenue and Jefferson in downtown Phoenix - on the south side of Jefferson. There are exceptions - - - like this month at Thunderbird!
The investment to attend AZIGG meetings is typically $10. Coffee and pastries are provided. Attendees should RSVP here: http://www.azigg.com/.
Doug Bruhnke, AZIGG and Growth Nation

The Arizona International Growth Group (AZIGG) had another excellent crowd - 135 - at the headquarters of Cold Stone Creamery on August 15th. Thank you to Lee Knowlton - President of International for Kahala Corporation - for hosting us.
Our next AZIGG meeting is the first Monday in October - October 6th - featuring Rod Miller of GPEC (Greater Phoenix Economic Council). Rod will be presenting his 'International State of the State' that is now an annual event at AZIGG. We'll be at Jobing.com - near 22nd and Camelback. Start time is 7:30am.
Our November meeting is another special one - on the night before the Presidential Election. On Monday evening November 3rd we'll be at Thunderbird School of Global Management and we'll be treated to presentations by successful alumni of Thunderbird. This is a joint meeting with the Thunderbird alumni association.
Thanks to everyone for your support of AZIGG. More info here: http://www.azigg.com/
All the best, Doug
Doug Bruhnke
AZIGG & Growth Nation
Scottsdale, AZ USA
