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Northamptonshire Chamber

AUTUMN STATEMENT: First time exporters package announced

Posted: 04/12/14 by Northamptonshire Chamber

In yesterday's Autumn Statement, the Chancellor announced that the Government is launching a new package of support to help small and medium-sized UK businesses take their first steps into export.

This package should see £20 million going to first time exporters throughout 2015/16.

Alison Zhu, UKTI Deputy Regional Director for the East Midlands, said: “The announcement today demonstrates the Government’s continued support to boosting the economy through exports. This new money will enable UKTI to further improve the support we give to local firms through international trade advisers based across the region, workshops, grants and more.”

Details on new services to be offered in the UKTI regions are as follows:

  1. A new incubator service to prepare companies for exporting and to encourage them to consider international trade as an integral part of their business planning and future success. The incubators will take the form of practical and highly-interactive workshops.
  2. Insight visits taking SMEs who are new to exporting to local and accessible markets and introducing them to local support (e.g. commercial staff in embassies and local business support organisations).
  3. New grant funding to help them prepare and take their first steps as exporters, by contributing to the initial costs that often put off potential exporters.
  4. Digital exporting support. Digital advisors to provide face-to-face guidance and opportunities to UK exporters on how to make online selling part of their business success.

In addition:

  • Support to first time exporters at international trade fairs will be taken to another level, providing them with a one-stop-shop for cost-saving and practical support before, at and after events.
  • This package will ensure that first time exporters are at the heart of our promotion of British business at Milan Expo 2015.
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