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October 2010

Inside this issue: • Fiscal Year 2010 Highlights


2_____________________________________________________________________________________________________________ October 2010

Table of Contents Article

Page

Featured Member of the Month............................................4 Leadership for Five Seasons.................................................5 BizPAC Survey Responses............................................... 6-7 Calendar of Events................................................................8 Business Expo Recap..........................................................9 Annual Meeting............................................................ 10-11 Workforce Development – Careers on Wheels...................12 New Members.....................................................................13 ImpactCR All aBoard.........................................................13 EDC.....................................................................................14 Business Long Term Recovery Initiative............................15 Members in Motion............................................................16 Case for Trade.....................................................................17 Chamber Academy..............................................................18 PM Exchange......................................................................18 Centrallia.............................................................................19

October 2010 Volume 80 No 2 (USPS558-200) Chamber Report (ISSN 108-50775) is published monthly by the Cedar Rapids Area Chamber of Commerce, 424 First Avenue NE, Cedar Rapids, IA 52401. Subscription price of $35 per year is included in an annual chamber membership. Periodicals postage paid at Cedar Rapids, Iowa. Postmaster: Send changes to: Chamber Report Cedar Rapids Area Chamber of Commerce 424 First Ave. NE Cedar Rapids, IA 52401-1196 Chair: Chuck Peters President & CEO: Shannon Meyer Editor: Kari Stillman Contact the Cedar Rapids Area Chamber of Commerce at 319-398-5317 for reprint permission. ©2010 Cedar Rapids Area Chamber of Commerce

2010-2011 Board of Directors Officers

Chuck Peters, SourceMedia Group, Chair Nancy Kasparek, U.S. Bank NA, Chair Elect Brad Hart, Bradley & Riley PC, Immediate Past Chair Rob Frederick, The AEGON Companies, Secretary William Vincent, Clifton Gunderson LLP, Treasurer Shannon Meyer, Cedar Rapids Area Chamber of Commerce, President

Board of Directors

Jill Ackerman, Marion Chamber of Commerce, Honorary Director Dawn Ainger, Genova Technologies, Director Thomas Anderson, Merrill Lynch, Director Todd Barker, NAI Iowa Realty Commercial, Director David Benson, Cedar Rapids Community School District, Director Barry Boyer, Van Meter Industrial, Inc., Chair Priority One Scott Byers, NAI Iowa Realty Commercial, Director Lijun Chadima, Thorland Company, Director Ron Corbett, Mayor, City of Cedar Rapids, Honorary Director Chris DeWolf, Lil’ Drug Store Products, Inc., Director Jeff Elgin, J & T Elgin, LLC, Director James Ernst, Four Oaks Inc. of Iowa, Director Gary Ficken, Bimm Ridder Sportswear, Director Ronald Fielder, Grant Wood Area Education Agency, Director Kristie Fisher, Kirkwood Community College, Director Don Garland, Chair Marion Chamber, Honorary Director Scott Gasway, J.P. Gasway Company, Inc., Director Bernard Gill, Ascott Transcription Services, Director Shannon Hanson, ImpactCR, Honorary Director Tom Hobson, Rockwell Collins, Inc., At Large Director Beth Houlahan, Mercy Medical Center, Director Tim Kintner, Bankers Trust Company, Director Christine Landa, Junior Achievement of Eastern Iowa, Inc., Director Robb Loftsgard, Wells Fargo Bank, Director Curt Nelson, Entrepreneurial Development Center Inc. Honorary Director Doug Neumann, Cedar Rapids Downtown District, Honorary Director Ron Olson, Paulson Electric Company, Director Hazel Pegues, Diversity Focus, Honorary Director Mark Seckman, Priority One, President Priority One John Sheehan, St. Luke’s Hospital, Director Tim Spain United Fire Group, Director Vernon Squires, Leadership for Five Seasons, Honorary Director Michael Sundall, Physicians’ Clinic of Iowa, P.C., Director Paul Treangen, Alliant Energy – Interstate Power & Light Co., Director Monica Vernon, Cedar Rapids City Council, Honorary Director William Vernon, Simmons Perrine Moyer Bergman PLC, Director Brandt Worley, Worley Warehousing, Inc, Director


October 2010______________________________________________________________________________________________________________ 3

From the Chairman’s Desk:

Why is a Culture of Innovation Key to our Prosperity Agenda? The agricultural and industrial eras were very good for our local economies and our region, as Richard Longworth (http://richardclongworth.com) explained when he visited our region in September for the Iowa City Area Development Group Annual Meeting. Things were so good that we were able to live off the old ideas that shaped our institutions and companies – some of those ideas more than a century old. If pursuing the old ideas led to prosperity, that was appropriate. The game has changed, and those habits of mindset and practice and structure developed while pursuing the old ideas limit our ability to imagine a new future. Why should we work to imagine and implement a new future? We are now competing in a global economy – where the keys to success are innovation, connection, and collaboration. Our region is noted for agriculture and manufacturing, both of which are under global pressures. We are organized within the region for control, not innovation and effectiveness. If we continue on our present trajectory, our future is not as bright as our past. Taking this down to the local level, every organization needs innovation to develop new and better ways to serve its customers. In fact, it is documented that the companies that have an innovative and constructive culture have over 700% greater returns than those with defensive cultures. We know much more today about the culture, tools and structures that foster innovation and effectiveness. How can we assure that everyone, from students to start up companies to established organizations, can participate in an innovative culture? There is a fantastic video on YouTube titled “Where Good Ideas Come From” by Steven Johnson that visualizes how groundbreaking innovation happens. The Chamber has posted this video on their web site as well under News/Chamber TV. Consider watching the video to better understand the direction we want to take our organization and community. Your Chamber is working intensively on these issues, seeking best practices from around the world, as we design The Innovation Center, to be built on the site of the current Chamber building next year. As we envision the programming that will be housed in that Center, we will be seeking the best, innovative ideas from our members and neighboring organizations such as ICAD, Iowa City Chamber, Greater Cedar Valley Alliance and Greater Des Moines Partnership. If you would like to participate, please let Shannon Meyer, our CEO, know your desire to join in this effort. (smeyer@cedarrapids.org) Thanks,

Chuck Peters chairman, board of directors


4_____________________________________________________________________________________________________________ October 2010

Advancing the Common Good In East Central Iowa United Way of East Central Iowa builds strong families and communities by helping those most in need. We help children start strong, youth grow strong and families stay strong by focusing on the basic foundations for a better life – quality education, adequate income and better health.

Our COmmunIty GOAls: • • 2010 Campaign Co-chairs Barry Boyer, Van Meter Industrial, Inc., and Gilda Boyer, community volunteer, along with their daughter, Lauren, with children at Waypoint’s downtown location.

tAKE tHE stEp up CHAllEnGE You and your employees could WIn BIG with the United Way Step Up Challenge. More than $15,000 In prIzEs will be awarded. Visit www.uweci.org for complete rules, prizes and information.*

• • •

Increase the number of low-income children ready for school by 50% Increase the number of low-income youth with 21st Century skills by 25% Increase the number of financially stable households by 15% Increase healthy choices by 10% in eastern Iowa Increase by 25% the number of older adults who are able to meet their daily living needs

thank you

to our many business partners who have made the commitment to support united Way again this year! Together, we are helping those most in need.

stAy COnnECtED receive text alerts from united Way by texting JOInuWECI to 864833 (unItED) from your mobile phone.

GIVE tODAy At WWW.uWECI.OrG *Participation in UWECI’s annual campaign is not required to be entered into our drawing.

UnitedWay_ChamberAd_Sept10_FINAL1 1

9/24/2010 11:28:26 AM


October 2010______________________________________________________________________________________________________________ 5

The 10th Annual Golf Outing was a huge success thanks to all of our participants and sponsors. We had over 80 golfers on a windy day at Airport National. Planning is already underway for 2011 as we secure a date for next year!

Congrats to all our winners! Men

Closest To the Pin: Curt Heideman Longest Drive: Andrew Morf Longest Putt: Matt Hanlin

Women

Closest To the Pin: Kari Stillman Longest Drive: Kelly Thompson Longest Putt: Mary Klinger

Overall Men:

Scott Sylvester Larry Witzel Tom VanderVaart Tom Slattery

Overall Women: 

Top Score N/A, neither of the two women’s teams finished 18 holes!

Biggest Losers:

Katie Harms Joel McDermott Amy Lasack

Class with Highest Participation: 2005: 10 golfers 2007: 10 golfers

Special Recognition:

Hole in One: David Sorg

Special thanks to our sponsors: AEGON Baird Wealth Management  Bankers Trust Benefit Solutions Bradley & Riley PC Brent Oleson   Clifton Gunderson LLP Cedar Rapids Bank & Trust   Cedar Valley Dentistry Debra Callahan - Skogman Realty deNovo Alternative Marketing  Farmers State Bank Fleck’s Genencor  Hills Bank Holmes Murphy Kirkwood Lederer Weston Craig Mercy Medical Center National Transportation Services OPN Architects Parks & Schmidt Performance Resource Consulting Pioneer Workspace Solutions Quaker Foods & Beverages Rinderknecht Associates Shive Hattery Shuttleworth & Ingersoll PLC Sign Productions TrueNorth Companies U.S. Bank NA Van Meter Industrial, Inc.  

All proceeds to benefit the Youth Leadership for Five Seasons Program. 


6_____________________________________________________________________________________________________________ October 2010

Linn Area BizPAC Cand To be considered for an endorsement by the Linn Area BizPAC, candidates must fill out a short questionnaire and be interviewed by the BizPAC.

For a complete listing of the state candidates and to view the Linn County Supervisors candidates responses visit www.cedarrapids.org

Name Address

Christopher Peters

Nick Wagner

26 Forest Hill Place NE Iowa City, IA 52240

2785 Lansing Ct Marion, IA

Questions: #  1: Do you support the Governor and the state legislature authorizing additional economic emergency funds to support Cedar Rapids Recovery efforts? #  2: Do you support additional state funding for economic development programs such as Vision Iowa, CAT and RECAT to help revitalize communities throughout Iowa? #  3: Changing Iowa’s Right-To-Work status? #  4: Establishing Prevailing Wage requirements for public contracts?

Todd Taylor

Kristen Running

1416 A Ave. NW 3515 Field Stone PL SW Cedar Rapids, IA 52405 Cedar Rapids, IA 52404

Tyler Olsen

314 Nossou St Cedar Rapids

Occupation Physician Director of Quality Staff Representative Linn Co. District Electrical Management AFSCME Representative Contractor Office Sought District # Top 3 Issues

Iowa State Senate

House

State Representative

#15

#36

#34

State Representative State Representa #33

#38

Reducing both public Economy/Jobs/Taxes Jobs/Balanced Budget/ Flood Recovery/ Disaster Recov and private debt/ Strengthening the Workforce Economic reducing the size and middle class Development/ Developmen scope of gov/removing Economic Early Childho barriers to truly free Development Education markets and sustainable production

Question # 1

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October 2010______________________________________________________________________________________________________________ 7

didate Survey Responses #  5: Allowing Unions to collect fees from non-union employees? #  6: Revising public sector’s Binding Arbitration rules? #  7: Allowing employees to choose their medical care provider if they are injured at work? #  8: Expanding the scope of issues to be negotiated in public sector collective bargaining agreements? #  9: Support Iowa raising the current cap on hotel/motel tax? #10: Changing Iowa’s single-factor formula for apportioning state corporate income tax?

SE s

ative

Shawn Graham

Kraig Paulsen

2978 Springville Rd 1305 Cress Parkway Springville, IA 52336

Small Business Attorney Owner-Lawn & Landscape Contractor

#11: Increasing the gas tax to cover the anticipated RUTF funding shortfall? #12: Changing the current RUTF formula to the TIME 21 new money formula? #13: Reducing the commercial and industrial property taxes by tying commercial and industrial property to the residential rollback formula or some other method? #14: Restricting the use of one-time or time-limited revenue sources for ongoing state general budgetary expenses?

Renee Schulte

Jason Marshall

Robert Dvorsky

1734 Chestnut Ln NE 512 Dunreath Dr NE Cedar Rapids, IA 52402 Cedar Rapids, IA 52402

412 6th Street Coralville, IA 52241

Strategic Planning Systems Engineer Advisor for Free Oaks. Inc.

Executive Officer, 6th District Dpt. Of Correctional Services

State House

State House

House

State Representative

Iowa Senate

#29

#35

#37

#38

#15

very/ Job Creation/ Jobs/ Spending/JOBS Economy & Jobs/ Increase employment/ Jobs/Education/JOBS Reducing Government Lowering Debt & Fair use of disaster nt/ spending/ Spending/ Healthcare recovery and flood ood Lower taxes mitigation funds/ Promote adoption

SUPPORT

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8_____________________________________________________________________________________________________________ October 2010

Events Calendar October ❖❖ Monday, October 4

❖❖ Tuesday, October 19

­­­November

­­­December

❖❖ Wednesday, November 3

❖❖ Wednesday, December 1

Chamber AcademyInvesting in Leadership

“Lowdown on the Slowdown”

ImpactCR Siren Wednesday

Good Morning Cedar Rapids

500 1st Ave NE, Cedar Rapids

616 A Avenue NE, Cedar Rapids

Location TBD

7:15 a.m. - 8:45 a.m.

8:00 a.m. – 5:00 p.m.

11:45 a.m. – 1:00 p.m.

All day session

Business Luncheon

$249 per person

$20 per person

This breakfast event offers plenty of entertainment while acknowledging our key businesses in a variety of industry.

Sponsored by

Sponsored by

Siren Wednesday provides a casual atmosphere for ImpactCR members and friends to network and meet new people.

Cedar Rapids Bank & Trust

Scottish Rite

5:30 p.m. – 7:30 p.m.

Complimentary

❖❖ Thursday, November 4

❖❖ Wednesday, October 6 ImpactCR Siren Wednesday Red’s Public House 112 2nd Street SE, Cedar Rapids 5:30 p.m. – 7:30 p.m. Siren Wednesday provides a casual atmosphere for ImpactCR members and friends to network and meet new people. Complimentary

❖❖ Thursday, October 21 PM Exchange Homewood Suites 1140 Park Place NE Cedar Rapids

5:00 p.m. – 7:00 p.m. Member Networking Event

PM Exchange Marion Hy-Vee

$35 per person, $350 package of 10 Sponsored by

❖❖ Thursday, December 9

3600 Business Hwy 151, Marion 5:00 p.m. – 7:00 p.m.

Unlocking Your Chamber Membership Chamber Board Room

Member Networking Event

12:00 p.m. – 1:00 p.m.

Complimentary

Designed to give you the keys to getting started, this is our orientation to all of our events, programs, and initiatives. Lunch provided.

Complimentary Sponsorship Opportunities Available Contact Candy Nanke for details 319-730-1417 or cnanke@cedarrapids.org

Cedar Rapids Ice Arena

For the latest listing of events or to register and pay on-line please visit www.cedarrapids.org

Complimentary Sponsored by Connecting People with Technology

“They really do know our business.” Al Ruffalo

CEO, RuffaloCODY, LLC BANKERS TRUST commercial banker Pat Deignan private banker: Mike Tiernan

“We develop our business on trust and that’s how Bankers Trust is. They’re good people, easy to deal with. They’re like a large bank when it comes to economic resources and a small bank when it comes to TLC.”

221 Third Avenue SE 319-896-7777 400 Blairs Ferry Road NE 319-221-1230 www.bankerstrust.com Member FDIC


October 2010______________________________________________________________________________________________________________ 9

Thanks to everyone who attended the Chamber’s EXPO “Hitting Business Out of the Park” on September 23rd. The event was in partnership with the Kernels and held at Perfect Game Field at Veterans Memorial Stadium. The Expo allowed attendees to see new merchandise, network amongst peers, establish new contacts and support the more than 80 business exhibitors.

Congratulations to the Cedar Rapids Police Department that won the Community Softball Tournament that was held throughout the day.

Special thanks to all our sponsors:

1st Base Sponsor: Cedar Rapids Metro YMCA 2nd Base Sponsor: Van Meter Industrial, Inc. 3rd Base Sponsor: Second Story Promotions Home Plate Sponsor: Mind Your Small Business Home Run Sponsor: McGladrey


10 ���������������������������������������������������������������������������������������������������������� October 2010

Chamber’s The Chamber hosted nearly 750 members at its 92nd Annual Meeting at the Crowne Plaza Hotel on Sept. 14th. Keynote speaker, Stephen Jordan, Senior Vice President and Executive Director for the Business Civic Leadership Center (BCLC) of the U.S. Chamber of Commerce commended Cedar Rapids on the recovery efforts and accomplishments made only 27 months following the flood. Jordan encouraged the community to continue to work collaboratively to rebuild

and more impor nationwide whe A common need to focus on flourish in a glo lighted the man by The Chambe Chuck Pete

Fiscal Year 2010: The Highway 100 project was included in the DOT five-year plan. Secured $85 million in funding for business and regional flood recovery. Top Ten Chamber in the Nation for membership retention with a 90% retention rate. Completed more than 600 assessments by the Business Long Term Recovery case management team. ImpactCR was voted best networking group for the 2nd year in a row.   Enhanced member programming by developing new programs including Sales and Manufacturing Roundtables, Regional International Business Symposium and The Gala. Generated $2 million in economic boost with the BUY IN program. Nearly 100 businesses were assisted with grant applications and documentation through the Business Long Term Recovery Initiative. Publicly supported the rerouting of Second Avenue for a new $44 million medical mall. Launched a newly designed website, www.cedarrapids.org to better serve members. Secured $1.4million in funding from the State for the Regional Innovation Center.

From Top to Bottom: U.S. Representative Dave Loebsack, Shannon Meyer, President & CE City of Cedar Rapids City Manager, Jeff Pomeranz and Chuck Peters, 2011 Chair


October 2010____________________________________________________________________________________________________________ 11

s Annual Meeting

rtantly develop a toolkit that could be used en disaster strikes. theme amongst speakers was the community’s n creating a culture of innovation in order to obal economy. Brad Hart, 2010 Chair, highny activities and accomplishments completed er in fiscal year 2010. ers, 2011 Chair, shared insights on the impor-

EO,

tance of regional collaboration and impact of creating a culture of a culture of innovation could have to make ourselves competitive in the global marketplace. The Chamber also unveiled its Prosperity Agenda, a long-term strategic plan that will guide the organization to lead, leverage and guide economic and community improvements in the region. An on-line version of The Chamber’s annual report can be found on-line at www.cedarrapids.org

From Left: Chuck Peters, 2011 Chair, Shannon Meyer, President & CEO, Stephen Jordan, Keynote Speaker, Brad Hart, 2010 Chair Special thanks to our sponsors:


12 ���������������������������������������������������������������������������������������������������������� October 2010

Chamber Member Invests In Workforce Development at Careers On Wheels by Nanci Young, Workplace Learning Connection Cedar Rapids Area Chamber of Commerce member, Rick Kruger of Diamond Limousines, has discovered that his business background puts him in a position to impact the next generation of our local workforce. Rick brings his limousine to participate in a Workplace Learning Connection (WLC) program called Careers On Wheels, an educational event for elementary schools. During this event, Kruger, along with other participating business people who use vehicles in their daily work, speak with small groups of students about the “soft skills” that all business people must employ in their daily job – people skills, conflict management,

reliability, written and verbal communication skills, and customer service concepts. Kruger stresses to the kids the value of a professional appearance, explains how important school is for their future, and urges them to respect their teachers. Through a collaborative partnership with local schools, area businesses and Workplace Learning Connection, students from kindergarten through their senior year in high

school get a unique, up-close look at careers they might want to pursue and the job skills necessary to be successful anywhere. Careers On Wheels is one of several educational opportunities that WLC coordinates. Others include worksite tours, career fairs, classroom speakers, and high school programs such as mock interviews, job shadows and internships. When asked what he would say to other business people about getting involved with these educational opportunities for young students, Kruger replied, “Your time invested is well worth it when you see the excitement of the kids.”

WLC is a 501(c)(3) non-profit corporation designed to partner with schools, businesses, and communities to prepare students to enter and succeed in the new world of work. Work. Learn. Connect. If your business is interested in participating in career education opportunities, community outreach and shaping our area’s future workforce, log on to www.workplace-learning.org or call 319-398-1040.

Behind the seen. Image matters. You want customers to see you looking good. What they don’t see is how easy CITY can make it for you to put your best face forward. We offer a wide range of rental uniforms and mats with a program tailored to your needs. Want a customized solution that fits you to a tee? Call us today and we’ll iron out the details.

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WORKPLACE UNIFORMS & MATS

Cle� �d simple.


October 2010____________________________________________________________________________________________________________ 13

New

Personal Safety Corporation 1655 Progress Drive Hiawatha, IA 52233 Dick Olsen, President Phone: 319-373-4713 Web: www.padalarm.com Email: dickolson@psc.nu

Personal Safety Corporation manufactures and markets fall management medical devices sold to over 6,000 nursing homes and hospitals throughout the U.S. We also manufacture and market pepper spray sold to law enforcement agencies throughout the U.S., and our personal safety products are sold to both U.S. regional and national retail chains.

Russell’s Guides Inc. 1660 42nd Street NE, Suite R Cedar Rapids, IA 52402 David Wagner, President Phone: 319-364-6138 Web: http://russellsguides.com Email: dwagner@russellsprinting.com

Russell’s Guides Inc. works primarily in the transportation industry, which includes bus, train, and travel. Russell’s publishes 2 books for the bus industry- “The Official National Motor Coach Guide” and “The Official Canadian Motor Coach Guide”. These books contain timetable schedules for many bus companies across the U.S. and Canada. The information provided in these books is put into table form using our Russell’s database program.

AB Transport Inc. 210 2nd Street SE, Suite 204 Cedar Rapids, IA 5201 Shawn Leonard, Owner Phone: 866-274-5538 Web: www.abtransportation.com Email: shawn@abtransportation.com

AB Transport Inc. is a full-service transportation company serving 48 states and areas in both Canada and Mexico. We specialize in expedited full truck loads and less-than-truckload (LTL) shipments. We manage all modes of transportation, including truck, rail, air and ship. You call, we answer!

Over 35 people attended All aBoard: Leadership through Committees, Boards & Commissions at the Linn County NonProfit Resource Center on September 16.  Casey Prince with Theatre Cedar Rapids gave the keynote address on board involvement. Attendees chose from three breakout sessions; fundraising, finance and strategic planning followed by a nonprofit resource fair.  Special thanks to our sponsor, Clearly Compliant!


14 ���������������������������������������������������������������������������������������������������������� October 2010

ENTREPRENEURS’ CORNER

Curt Nelson, President & CEO, Entrepreneurial Development Center (EDC)

Do the Hard Work and Understand Your “Fit” Whether you are looking to launch a new product or start a new company, you minimize your risk of failure by doing the hard work of understanding your product’s or business’ Strategic Fit in the market. Like scouting a competitive sports team before you play, you will need to learn as much as you can about the overall environment in which you will be working before you define a business model. Commonly called a Situation or Market Analysis, this critical component of your business plan provides the information necessary to determine a defendable Strategic Fit. If you go to market without identifying a proper Fit, you are gambling without good odds. If you learn this lesson the hard way – it could cost you your business. At a minimum, your analysis should include the following information: •   Valid Need – an identifiable and valid market need that can justify the entry or current position of your product. •   Valid Opportunity – identifiable market segment(s) that will actually buy enough of your product or service over a predictable period of time.

•   Valid Pricing – price points that the target market(s) will actually pay, that will support the Fit and brand position, and will allow your business the margins necessary for viability and growth. •   Valid Operation – the overall ability of your company to consistently deliver and support your product or service while meeting growth projections. •   Valid Environment – a market environment that supports the acceptance or continued position, as well as the growth, of your product or service.

•   Valid Product – the ability to provide the identified and required benefits and differentiate from current and potential competition.   Take the time to do the hard work and really understand your market Fit and start increasing your company’s chances of success!  If your company would like more information on how to perform a Strategic Fit Analysis, please contact the Entrepreneurial Development Center at 319.369.4955 or  www.edcinc.org.

Discover a New Way.

www.truenorthcompanies.com

Employee Benefits

Risk Management

Financial Strategies

Individual Solutions


October 2010____________________________________________________________________________________________________________ 15

Many Cedar Rapids flood damaged businesses are able to breathe a sigh of relief after U.S. Housing and Urban Development (HUD) announced it would make an exception to the definition of duplication of benefits in regards to federal grant funding. HUD made the decision in a September 9 meeting in Washington D.C., which included representatives from Cedar Rapids. Duplication of benefits has been one of the major roadblocks in getting grant assistance to flood damaged businesses in Cedar Rapids and throughout the state of Iowa. The stipulation has tied up an estimated $17 million in HUD funding. HUD’s policy initially stated that if businesses took out private or Small Business Administration (SBA) loans, the loan money had to be subtracted from the amount of grant funding for which they were eligible. Many businesses took private and SBA loans to pay contractors for repairs following the 2008 disaster. The duplication of benefits regulation still applies to businesses who took an SBA loan. HUD officials agreed to consider the exception for businesses with SBA loans as well; their decision is expected to be announced soon. HUD also agreed in the September 9 meeting to support the loosening of some pre-flood documentation requirements. Providing documentation has been another

major difficulty for businesses as much of it was lost in the flood. HUD advised the City of Cedar Rapids to work with the Iowa Department of Economic Development (IDED) to determine alternative methods for providing documentation. Bob Harschnek, case management team leader for the chamber’s Business Long Term Recovery (BLTR) initiative, said HUD’s decision is great news and will bring aid to flood affected businesses in desperate need of the funds. “This was a collective effort by a lot of individuals that made this change possible,” Harschnek said. The Washington meeting was organized by U.S. Representative Dave Loebsack, D-Mount Vernon. In addition to two members of Loebsack’s senior staff, Cedar Rapids Mayor Ron Corbett, Senior Case Manager for BLTR Scott Swenson, the city’s Planner in Community Development, Jennifer Pratt, and Tim Waddell, an administrator of IDED, participated in the meeting. Steve Hunter, case manager with BLTR, said the money has been needed for a long time, and will have a very positive effect for many businesses. “This opportunity will bring more money into Cedar Rapids and give businesses more confidence in moving forward,” Hunter said.

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16 ���������������������������������������������������������������������������������������������������������� October 2010

Red Baron Bar & Dance Club

Greater Cedar Rapids Community Foundation Grand Opening

St. Luke’s Hospital/ Coe College Steam Plant

Primus Construction

Lindale Mall 50th Anniversary

Clark & Associates - Prosthetics and Orthotics

Liz Wellness Spa

Discovery Living Inc.

Eastern Iowa Airport Runway Completion

Jarvis Property Restoration

August 26

September 06

September 14

September 15

September 16

August 30

September 10

September 15

September 16

September 20


October 2010____________________________________________________________________________________________________________ 17 Does your operational software make you feel like you’re always trying to fit a square peg into a round hole? With custom-designed software from StratosFour, your company will save money by eliminating seat licensing and reoccurring fees. The StratosFour team will work with your staff to ensure the solution matches your business processes and needs – helping to fit a square peg into a round hole.

StratosFour client Judy Lubben, Controller & VP of Administration at Raining Rose, Inc., said: “When we were looking at another software upgrade and the additional costs associated with it, we were initially hesitant on making a change to a new custom-built system. Would people embrace it? Could we really go paperless? Will support be there for us when we are done? Will there be any real cost savings? StratosFour has answered all these questions and so much more. With the software they built, our company is saving over $150,000 a year!! StratosFour has been there to really listen and hear what we are saying. They come up with solutions to situations that we didn’t think were available.”

Contact StratosFour, Inc. today for a consultation and free initial needs analysis at 319-734-6400 or info@stratosfour.com www.stratosfour.com

The Case for Expanded Trade Trade Creates Jobs

By Doug Loon, VP Regional Affairs U.S. Chamber of Commerce If Congress and the administration want to put Americans back to work, they should move forward on expanding global trade opportunities. Recently the Chamber unveiled a study, Opening Markets, Creating Jobs, that settles once and for all the debate over whether America’s trade agreements have been good for the country and our workers. The study examines the U.S. free trade agreements (FTAs) implemented over the past 25 years covering 14 countries and concludes that the FTAs created 5.4 million American jobs. The overall trade relationship with those 14 countries supports a grand total of 17.7 million American jobs. “I defy anyone in town to name another budget-neutral government initiative that has generated anything like this number of jobs,” said Donohue. Despite trade’s record of success, protectionist barriers put in place by government are slowing down the global business community’s ability to create jobs, lift people out of poverty, raise living standards, and foster greater understanding and stability among nations. Perhaps the biggest impediment to job growth and trade is the lack of action on free trade agreements. FTAs benefit U.S. businesses, workers and consumers in significant ways. Since the U.S. marketplace is already one of the most open in the world, these agreements help open foreign markets to U.S. exports. When it comes to trade, the United States is falling behind. According to the World Trade Organization, there are 262 free trade agreements in force around the globe today, but the United States has FTAs with just 17 countries. America is party to only 1 of more than 100 negotiations of bilateral and regional trade agreements. According to a recent Chamber study, the United States stands to lose more than 380,000 jobs if it fails to implement its pending trade agreements with Colombia, Panama, and South Korea. As the U.S. waits, the EU and Canada are moving ahead with their own agreements with those countries. With ninety-five percent of the potential customers of American goods and services living outside the United States, we can create jobs by expanding exports. Congress and the administration should move forward on these three FTAs. Read the study at www.uschamber.com/trade.


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October PM Exchange ECONOMIC OUTLOOK The Chamber and Principal Financial Group present: “Lowdown on the Slowdown” October 19, 2010

11:45 a.m. Luncheon 12:10 p.m. - 1:00 p.m. Presentation Cedar Rapids Scottish Rite 616 A Ave NE Cedar Rapids $20/person, includes lunch. Presented by Dr. Bob Baur, Chief Global Economist, Principal Global Investors*. Bob Bauer is Managing Director and Chief Global Economist for Principal Global Investors. In his capacity, he establishes and directs global economic policy and strategy, oversees, and conducts macroeconomic and quantitative research, forecasts economic trends, and anticipates market movements. He also advises the Principal Global Investors investment staff with investment decisions. Bob regularly participates in speaking engagements throughout the U.S. and around the world. He is frequently quoted by the financial news media and appears regularly on CNBC and Bloomberg TV. *Principal Global Investors and its affiliates are sub-advisors to many of the Principal Funds. Registration is available on-line at www.cedarrapids. org or contact Julie Stow at jstow@cedarrapids.org or 319-730-1409. Sponsored by:

GRAND OPENING! Please join us on Thursday October 21, 2010 5:00 - 7:00 p.m. Enjoy Refreshments, hors d’oeuvres and the Grand Tour!! Homewood Suites by Hilton 1140 Park Place NE Cedar Rapids, IA 52402 (Off Collins & Rockwell Dr.)


October 2010____________________________________________________________________________________________________________ 19

Connect your business to opportunity, worldwide.

2010 Centrallia

The Cedar Rapids Area Chamber of Commerce will be participating in Centrallia this month. From October 20 - 22, 2010, more than 600 small to medium sized businesses from around the world will gather in Winnipeg, Manitoba, Canada, during Centrallia to form new business relationships for mutual benefit. This global busiIs your business seeking international growth opportunities? Then you can’t ness to business forum is your company’s opportunity to miss Centrallia 2010 – an exciting business match-making forum that will bring forge profitable alliances with companies located in the moreand than 500 small tothe medium sizedAt businesses from more thanof 20 world Americas across world. the core of the the economic regions to Winnipeg, Manitoba, Canada. Centrallia 2010 allow you concept are a series of 30 minute, pre-programmed,will one meet with upthat to 12 potential trade partners over days through a series of on onetomeetings allow businesses to two quickly connect and find ground forpre-arranged, commonmeetings, opportunity. short (30 minute), plus network with dozens of other It is an intense, yet friendly and cooperative environment that allows delegates to meet with up to 14 potential trade partners over two days. Further opportunities to meet and network are abundant through Centrallia’s tradeshow and events. It is simOrganized by:

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ply one of the fastest, most efficient ways to expose your business to new markets and opportunities worldwide. When you get to Centrallia, don’t forget to take part in a large number of activities and travel opportunities that have all been specially selected to make a truly unforgettable trip. These activities include anything from companies. Best of all, Centrallia takes place along North America’s North-South Winnipeg City Tours to a Polar Bear Excursion or even a trade corridor, making it perfect for businesses looking to access or export from Rocky Mountain Getaway! Tours are offered by Heartland the North American market. no easier or less expensive way to meet so International TravelThere’s & Tours. many international businesses in such short periodyou of time. $850 registration willaprovide with up to 14 meetings with global businesses To register visit: www.centrallia.com and access to the conference and YOUR LOGO Centrallia is a trilingual event with international villages. HERE translation English, French and Spanish. Forformore information and WINNIPEG, MANITOBA, CANADA registration for the event please visit 20.10.2010 www.centrallia.com. or contact Julie Stow at 319.730.1409. Made possible with the support of:

12/18/09 10:55:32 AM

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Attend Centrallia 2010 October 20-22 Global Business to Business Forum


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the progress of Cedar Rapids.


October Chamber Report