SelectUSA 2022 Preparation: A Visit with John Bourdeaux, AdvanceCT
Link to podcast found HERE Transcript to podcast found below: Bill : Hi and welcome to the belly to belly podcast and today our focus is the preparation for select USA 2022 And we’re joined by are with John Bordeaux from advanced CT. Hey, welcome John. John : Thank you so much. I’m glad to be here with you. Bill : Fantastic so, you know AdvanceCT does so, so much amazing work and our audience are all international companies that are there either have already created a presence in the US and are looking to expand that or are companies that are looking to enter the US and obviously that’s a lot of the work you all do to help those companies come into Connecticut. Could you take just a couple minutes and tell us about advanced CT and the service you provide for companies that are looking to enter Connecticut? John : Sure. AdvanceCT is a private organization. We’re a nonprofit we partner with the state of Connecticut to help companies that are interested in investing in the state of Connecticut have an easier job of doing. So we’re facilitating inward investment whether that’s coming from another state or particularly from overseas or foreign direct investment. We help companies in the state of Connecticut as well are looking to expand here. So once companies have come and made an investment, they also are we’re in relationship with them on a continual basis to help them figure out the best way to expand and grow here. And what we like to say is we offer a concierge level service. Every company has a unique need when they’re coming and making an investment here in the state of Connecticut. And we like to see exactly what those are and pair companies up with the resources that they need. Sometimes we have those resources we help with site selection. We help with helping folks navigate the permitting and the state of Connecticut’s different departments. We do all those things. And then we also are trying to help folks figure out even innocuous and small questions like hey, you know, what’s this town like? Or if I’m interested in, you know, building relationship with University of Connecticut or Yale, who should I be talking to? We facilitate all those conversations out of those relationships. And we’re helping those companies come here to do interesting things. Get engaged in our ecosystem. One of the great things about Connecticut is we’re a small state. So we’re about 3.6 million people, and we all know each other. And we want everyone in Connecticut wants everyone else to be successful. And so whereas in some in some jurisdictions at some places you’re sort of 6, 7, 8, 9 steps away from somebody here in Connecticut, you’re maybe one or two jumps away from talking to the person that you need to talk to you in order to get the help you need or the leverage that you need, or the relationship you need for your business to be successful. So our job is to help facilitate those those connections and understand what each business’s unique set of needs are, so that we can, as I said, provide that white glove service, and we’ve done everything from you’ll help people find the right site, to helping companies talk to the Department of Transportation to understand trucking tonnage on our highways and bridges, to helping folks figure out, you know, what the permitting is for a particular area of the state, introducing them to the mayors of towns, you name it, we’re here to do it. We’re here to help. Bill : Sounds like an incredible amount of facilitation. Your team must be really good listeners to sort of diagnose what companies need and help make those connections John : We do and what the one of the great things about our team in advance CT is that we’ve got a lot of subject area experts. So Advanced Manufacturing Technology, life sciences, renewable energy, offshore wind, and more. And so we have people in our organization who have extensive experience in those in those industries. So not only are we good listeners, but we also know the right questions to ask. We also understand what it’s like to be a life sciences company coming from overseas coming from Europe, for example, and setting up a shop here we understand a lot of the questions and can anticipate a lot of them because some of the people on our team have actually done that in their professional careers. So we’re able to provide those services in a way that I think is a uniquely help. Bill : Cool. So let’s talk about Select USA itself for a minute and you know, some have called it the Super Bowl of US market entry or the World Cup of US market entry and you know, I guess why does advanced CTE participate? What is it about the event that’s particularly valuable for you? John : Well, I’m a World Cup guy, as I know, most of the rest of the world is too so I’m gonna go with the World Cup of events. You’re basically what we see. A Select USA is it’s it’s the focal point. It’s a focal point gathering of everybody who cares about making investment and in the US, and that’s the companies. It is the government officials, its partners. It’s the people who care about sustainable economic growth and in Connecticut, we care very deeply about the success of our of our of our companies. And one of the things that we take great pride in is the fact that, you know, the companies that do come here and are working at that apex of the knowledge economy are succeeding in incredible ways. We know a lot of great ideas are happening all over the world. And we know that this sort of entry point this