SCHENECTADY – The Chamber of Schenectady County's Board of Directors has approved participation in the Capital Region Global Business Network, a collaborative program that spans four area chambers and the Center for Economic Growth.

The Capital Region Global Business Network (GBN) is an established all-volunteer nonprofit membership organization providing a platform where members share their knowledge and experience toward the goal of advancing international trade opportunities in the Capital Region. The GBN's mission is to provide education and networking opportunities for area companies interested in international trade.

The Albany-Colonie Regional Chamber of Commerce, the Chamber of Schenectady County, the Chamber of Southern Saratoga County, Rensselaer County Chamber of Commerce and the Center for Economic Growth (CEG) are all well-established nonprofit membership organizations that have promoted programs and trade among thousands of collective members in the Capital Region. International trade is a viable, growing activity among many area companies. Through technology and the "flattening of the world" today, the barrier to entry of cross-border business is at the point that virtually any company with a web site can conduct international business. In addition, many area companies note that a growing proportion of their sales and other activities involve international transactions.

The GBN collaborative premise is recognition of the ever-increasing international trade opportunities and activity and the need for regular education and interaction with other companies involved in international trade. Relevant educational topics/workshops could include foreign market trends, finance, legal, accounting and tax, tariff regulations and more.  In addition, the Chambers - even collectively - recognize their lack of ability to consistently meet the need for such programs related to international trade. If not provided, members may seek other outlets for greater perceived value or simply lose interest in Chamber membership. As a result, the Chambers have an opportunity to be proactive in meeting this demand.