Mississippi Development Authority to lead business development mission to Japan, South Korea

Mississippi Development Authority to lead business development mission to Japan, South Korea

JACKSON, MS (WDAM) - This is a news release from Mississippi Development Authority

Representatives from Mississippi Development Authority will lead a delegation of Mississippi companies on a business development mission to Asia Oct. 14-21, 2015.

Designed to connect Mississippi businesses that want to expand trade and create new business relationships with qualified buyers in Japan and South Korea, the mission may include an additional stop in a third country, depending on a company's potential in that market.

The trip will be a multi-industry mission with prospects in the fields of aerospace, biotechnology, cloud computing, chemical manufacturing, computers and electronics products, defense equipment, healthcare IT, scientific instruments, medical equipment and devices, renewable energy technology, paper products, pharmaceuticals, pollution control equipment, safety and security and telecommunication equipment. Japan and South Korea are the 4th- and 7th-largest importers, respectively, of U.S. goods and services, and in 2014 combined exports to these two nations from Mississippi, totaled more than $427 million.

The business mission coincides with the Tokyo Aerospace Symposium 2015; BioJapan 2015, Asia's top partnering event for biotechnology; RISCON 2015, the risk control security and safety exposition in Japan; and Seoul ADEX 2015, an international aerospace and defense exhibition.

“The business development mission to Japan and South Korea is a cost-effective opportunity for Mississippi businesses interested in developing or expanding trade into Asian markets to make connections with prospective buyers and generate new investment,” said MDA Executive Director Glenn McCullough. “With the pre-mission market research, interpretation services, administrative assistance, customized itinerary and potential financial aid, the business mission is a logical gateway for companies looking to make business connections in these markets. I encourage businesses interested in export sales to make plans to join the Mississippi team on this important mission.”

Prior to meeting with business members of the state delegation, MDA works with qualified potential buyers, agents, distributors, and joint venture partners from countries targeted in business development missions. MDA also works with Mississippi firms before, during and after the trip to help them best capitalize on the opportunities realized as a result of participation.

Dependent upon award of the 2015 U.S. Small Business Administration-funded Mississippi State Trade Export Promotion program, funding may reimburse eligible businesses up to 50 percent of travel costs, including airfare, lodging and per diem, and provides interpretation services at no cost. Additional services include scheduled appointments with qualified prospects covered at 75 percent and free pre-mission market research and business potential assessment.

Space is limited and offered on a first-come, first-served basis, and early registration is recommended.  The deadline to register is July 20, 2015. For more information or to obtain a registration form, please contact MDA's Asia Trade Specialist Courtney Helfrich at

or Rose Boxx at

, or by fax at (601) 359-3605. Interested parties can also visit

to learn more about the agency's international marketing services and events or to request a consultation with an international trade specialist.

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