The US may be the largest economy, but the 15 fastest growing economies are in Africa or Asia with Ethiopia topping the list with a projected GDP of 7.9% for 2019. For comparison, the US GDP was 2.2% in 2018. Access to these fast-growing markets is one of the primary drivers for international expansion. In …
Tag: International Expansion
Capstone Attends Virginia Conference on World Trade
Last week Capstone Vice President Matt Craft attended the Virginia Conference on World Trade in Richmond, Virginia. The conference brings together business leaders committed to developing and cultivating international partnerships and is hosted by the Virginia Economic Development Partnership (VEDP), Virginia Chamber of Commerce, Virginia Manufacturers Association, and the Virginia Maritime Association. During the conference, …
Uber Forms Joint Venture with Yandex to Reach Russian Market
Rather than spending all their efforts competing, Uber and Russia’s top internet company, Yandex, have decided to join forces. Uber and Yandex will form a joint venture operating in 127 cities across Russia, Armenia, Azerbaijan, Belarus, Georgia and Kazakhstan. Uber will contribute $225 million and own a 36.6 percent stake, Yandex will contribute $100 million …
Capstone Speaks on International Market Entry at VEDP Event
Expanding your business into a new market, especially an international one, is an exciting, yet tricky undertaking. There are many benefits to growing your business globally including reaching a new set of customers and a new geographic market. At the same time, success does not come easily. You must grapple with regulatory challenges, cultural differences, and country-specific …
How Do You Find the Best Market?
How do you find the best market for your product or service? Capstone Project Manager Matt Craft answered this important question on the Market Selection Panel at the Virginia Conference on World Trade in Richmond, Virginia on October 30. Hosted by the Virginia Economic Development Partnership (VEDP), this is the state’s largest international trade conference and is focused …
4 Helpful Sources for Researching International Markets and Companies
Expanding internationally can provide numerous opportunities to grow your business using acquisitions, joint ventures or strategic partnerships, but before you can decide which market to enter, you’ll need to do some research. The data sources you use for your research will vary depending on location and industry and the specific information you are seeking. We’ve …
Capstone Serves as VALET Program Partner for Over 10 Years
Capstone again participated in the VALET Program Partner Roundtable, a program that helps companies throughout Virginia expand their international business. We have been selected as a partner for this award-winning program for more than 10 years. VALET offers a powerful combination of capital resources provided by the state along with professional services from expert, private-sector …
Why Expand Internationally?
* Guest post by Paul Marin, Research Analyst at Capstone Did you know twenty of the fastest growing economies are in Africa or Asia? William Blair reports in the first quarter of 2013, the Americas invested $7.0 billion in Asia-Pacific in cross-border transactions, a 4.6% increase from 2012. This means many of the opportunities for growth …
