News from USPTC
Poles, time for Robotics
The Polish firm Robotics Inventions National Drones (Robotics IND, Inc.) already operates in the U.S. Among the first potential customers B2B mobile industrial robots are Panasonic, Orange and EPRI.
Bloomberg Businessweek Poland has written about the company and its entry into the world markets picturing it as the only one that has marketed robots from Poland to the world. You can read more here or online at the Bloomberg Businessweek webpage.
The company has been advised among others by Mark Iwanowski form US-Polish Trade Council (USPTC) who had sold his startup to a military company Raytheon and later, as managing director before the IPO, invested in a small company iRobot, and by Bob Christopher who, as the founder of UGOBE, has been standing behind the success of the global robot PLEO and now is engaged in a great success for Jibo in the crowdfunding campaign Idiegogo.
Currently, the company is looking for an industrial and financial partner for production of robotic home vacuum cleaner RI Pi-R-2, which in the campaign on the AngelList platform is expected to cost $314.
As its universities turn out engineering grads, Poland attracts US tech giants.
WARSAW, Poland — Foreign companies flock to invest. Its balance sheet is the envy of Europe. Top university programs crank out graduates whom everyone wants to hire.
Such is the current reputation of Poland, which has continued to grow during the global financial crisis as neighboring countries decline, lining itself up for a strong run to become the continent’s next economic powerhouse.
General Electric officials say they haven’t for a moment regretted basing one of their global design centers here, where Polish engineers helped create the new GEnx engine for Boeing’s 787 Dreamliner. (NBC News is owned by NBC Universal. Comcast Corporation owns a controlling 51 percent interest in NBC Universal, with General Electric holding a 49 percent stake.)
“In 2000, we ended the year with 11 engineers,” said G.E.’s human-resources director in Warsaw, Kinga Zalucka. “Today, we have 1,300 engineers. I think it was a good choice.”
You can read more at the link.
Invitation to our Partner Event:
Startup Appeal: Attracting Top Talent with Stock Options
In Silicon Valley, startup companies often rely on offering the benefit of stock options as a means of attracting and motivating the best and brightest talent for their companies. Understanding these options and how best to leverage the different structures available is crucial to the success of such benefits. It is also important to understand the tax treatment of U.S. stock options for individuals residing overseas.
In partnership with Triad Group, K&L Gates is pleased to offer this informative panel discussion on Thursday, June 19 from 5:30-8:00 p.m. in Palo Alto, around issues that startups and entrepreneurs should consider when structuring their stock options. In this Q&A style program you will have the opportunity to ask your questions and hear our panelists' perspectives and insights on the topic. Questions they will be covering include:
- What are the most common types of employee stock offerings?
- How do companies use stock offerings to successfully attract and retain top talent?
- How can I explain to a prospective employee the difference between stock or equity compensation relative to total compensation?
- What type of stock awards are appropriate for individuals residing overseas?
For details and registration please visit the event page
Poland Day in Silicon Valley, May 13-16, 2014
We kindly invite you to take part in Poland Day, an event focused on science and business that will take place at Stanford University on May 13-16, 2014.
Poland Day is an annual networking event aimed at enhancing collaboration between science and business in the context of cross-regional cooperation between Poland and the United States. Scientists (including graduates of the Top 500 Innovators Program) and innovative companies representing mainly the IT, ICT and advanced biomedical technologies preparing to enter the U.S. market as well as experts from Silicon Valley, including business and legal advisors and investors will be among the participants of this year’s edition of the Poland Day.
A general overview of the Poland Day program:
- May 13 – Business meeting with the representatives of the City of San Francisco (presentation of the offer of the City of San Francisco to Europe, presentations of Polish companies and regions).
- May 14 – USPTC Open Day in Palo Alto (consultations with select Silicon Valley experts and scientists from Stanford University).
- May 15 – Poland Day at the Faculty Club at Stanford University, one of the most prestigious institutions of higher education in the world. Business mixer and panel discussions.
- May 16 – Business Mixer, USPTC office in Palo Alto.
For registration please visit signup page.
Invitation to our Partner Event:
U.S. Market Entry Series - Corporate Concerns and Immigration Strategy
K&L Gates is pleased to present the second program in our U.S. Market Entry Series, coming up on Friday, April 25, in the K&L Gates Palo Alto office. This program will focus on a variety of corporate concerns, as well as immigration strategy for foreign businesses with an interest in entering the U.S. market.
K&L Gates presenters will provide useful tips and scenarios, and cover a variety of important topics, including:
- expansion by investment and acquisition
- corporate formation process
- doing business in the U.S. as a visitor
- types of visa options available
- strategies for navigating applicable U.S. policies and procedures
For details and registration please visit the event page
The US-Poland Innovation Hub website got a new look - please visit our program website at http://innovationhub.usptc.org
Nowa odsłona strony US-Poland Innovation Hub - zapraszamy do obejrzenia strony programu na http://innovationhub.usptc.org
Call for applications for the US-Poland Innovation Hub program is open! Our step-by-step guide for Polish companies planning to go global is available here (http://innovationhub-usptc.org/zglos-sie-do-programu/)
Visit our Partner website and apply to get 200.000 PLN funding for your global expansion (here).
Trwa nabór do III edycji US-Poland Innovation Hub! Zapraszamy polskie innowacyjne firmy do zgłoszeń (http://innovationhub-usptc.org/zglos-sie-do-programu/)
Polecamy również udział w programie Go_Global.pl Narodowego Centrum Badań i Rozwoju (NCBR), w ramach którego można pozyskać do 200.000 PLN na rozwój strategii globalnej. USPTC jest głównym partnerem NCBR w realizacji tego przedsięwzięcia (tutaj).
We highly recommend!
The letter of the President of the Republic of Poland, Mr Bronisław Komorowski, to entrepreneurs of the Silicon Valley read here (in Polish and English)
Also, the letter of the President to the participants of the Poland-Silicon Valley Science and Technology Symposium 2012. The letter was presented at the Symposium by Minister Olgierd Dziekoński. read here
Poland Silicon Valley Science and Technology Symposium 2013
took place on November 7-8, 2013 at the Fairmont Hotel in San Francisco.
We were honored to welcome our prominent guests, Consul for Culture, Press, Education and Polish Community at Consulate General of the Republic of Poland in Los Angeles, Mrs. Małgorzata Cup, Director at San Francisco Mayor’s Office of International Trade and Commerce, Mr. Mark Chandler, Member of the European Parliament, Mrs. Jolanta Emilia Hibner, President of the City of Białystok, Mr. Tadeusz Truskolaski, Chairman of the Białystok City Council, Mr. Włodzimierz Kusak, Rector of the Technical University of Bialystok, Professor Lech Dzienis, delegates from the National Center for Research and Development in Poland – the official Partner of the Symposium.
We were proud to host representatives of over 40 Polish Universities and Research Institutions from Poland, participants of the TOP500 Innovators Program – the 40.7 Group at Stanford University and 40.8 Group at University of California, Berkeley as well as representatives of local companies and organizations.
With the rapidly growing population of the developing countries, and with the rapid shift in the developed countries’ demographics towards growing percentage of older population supported by declining percentage of young population, two major aspects will keep challenging the world in the future: reliable supplies of healthy nutrition and potable water, and medical care when needed for the price affordable to the society. This year Symposium focused on some of the subjects associated with the above challenges: from medical science through advanced materials and technologies. Among the topics discussed by our prominent panelists from Poland and the United States, were:
The current state of Stem Cell research and technology – with the invaluable contribution from Robert Klein, Andrzej Pawlak, Anna Domaszewska-Szostek and Father Gerald Coleman;
Zbigniew Nawrat, Gerardo Noriega and Kazimierz Witaszek introduced us to some life-saving tools and break-through technologies and solutions in the field of Robotic systems in surgery;
Innovative therapies in modern cancer treatments were precisely discussed by Waldemar Priebe, Thomas Zioncheck, Marcin Szumowski who examined existing state of knowledge about current understanding of cancer as group of diseases, and offered a unique insight into new therapies and treatments;
Marcin Kawalski and Krzysztof Kulesza offered a glimpse into new frontiers of medicine and inspired the audience with their vision of the future of medicine.
Lech Dzienis, Barbara Petersen and Oleg Demchuk addressed the advanced sciences in food and nutrition, the regulatory and the economic challenges connected with them.
Soody Tronson provided insight into the path From research to technology transfer to commercialization for the BioPharma SMEs, supported by Marcin Szumowski presenting the successful model of technology transfer in Life Sciences for Poland.
Zbigniew Radzimski, Zheng Lu, Oreste Donzella, Rajmund Bacewicz, Adam Januszko and Leif Jensen explored the economic and technical enablers of the rapid globalization of markets for semiconductor products as well as the development of more capable devices in exponentially growing quantities. They presented the legacy of Jan Czochralski and the Polish contribution to the growing markets and trends in advanced materials.
The discussions were led by our outstanding moderators: Piotr Moncarz, Jerzy Orkiszewski, Wanda Łopuch and Marek Żywno. Speakers, panels and topics were introduced by the Masters of Ceremony Lukas Grabiec and Dominik Schmidt.
Among our distinctive key-speakers were: Janusz Bryzek speaking about the Life Sciences – Foundation for Abundance, Dominik Schmidt on Silicon Valley Career, the legendary Franklin Pitch Johnson speaking about Public-private investments stimulating break-through developments as well as Elizabeth Anderson on Risk Management.
During the first day of the Poland Silicon Valley Science and Technology Symposium, the organizer, US-Polish Trade Council, signed a cooperation agreement with the City of Białystok, represented on the Symposium by the President of the City of Białystok and the Chairman of the City Council. Congratulations!
The 2013 edition of the Poland Silicon Valley Science and Technology Symposium was sponsored by the Consulate General of the Republic of Poland in Los Angeles, Exponent And K&L Gates.
It was organized under the Patronage of Consul General of the Republic of Poland in Los Angeles, Mariusz Brymora, the Top500 Innovators Association, Polish Academy of Sciences, Polish Information and Foreign Investment Agency and the Patronage of the President of the Board of the Foundation for Polish Science, Professor Maciej Żylicz.
We would like to thank our sponsors and patrons for their kind contribution and on-going support.
We proudly welcomed the letter of support for Poland Silicon Valley Science and Technology Symposium from Minister Olgierd R. Dziekonski, Secretary of State, Cabinet of the President of the Republic of Poland. The letter can be viewed here.
The 2013 PSVTS Brochure can be downloaded here.
The presentations presented during the Symposium by our panelists are available for the public. Please contact us at email@example.com with a request of the topic of your interest – we will share the presentations with you upon receiving your request and supposing the author agreed for the material to be distributed among the public.
To re-enjoy the atmosphere of the event please visit our gallery, and stay-tuned for the Poland-oriented networking events by USPTC.
COOPERATION AGREEMENT WITH POLISH CHAMBER OF COMMERCE
US-Polish Trade Council signed a cooperation agreement with Polish Chamber of Commerce in Warsaw, Poland. The two organizations agreed to initiate cooperation in order to strengthen the competitiveness and innovativeness of the economy as well as join efforts in supporting Polish entrepreneurs in the field of promotion and innovation.
US-POLAND INNOVATION HUB – DEADLINE FOR APPLICATIONS!
The deadline for submission of applications to the US-Poland Innovation Hub is January 31, 2013. Polish innovative companies that are ready to expand globally, through Silicon Valley or otherwise, are invited to participate in the Program.
Please visit http://innovationhub.usptc.org for more information, including application forms, press releases and more.
Interview with Prof. Moncarz about Innovation Hub (in Polish) http://www.polskieradio.pl/7/161/Artykul/618259,Na-podboj-Doliny-Krzemowej
USPTC A MEMBER-ORGANISATION OF THE COUNCIL OF POLISH ENGINEERS OF NORTH AMERICA
US-Polish Trade Council became a member of the Council of Polish Engineers of North America (www.polish-engineers.org). USPTC application for membership was approved in January 2013 by the Council's Board of Directors.
We believe this is an important step in committing to join efforts in enhancing scientific and technical cooperation between the two organisations and our counterparts in Poland.