Explore high growth markets to boost your business
SMEs are being encouraged to go global and explore international high growth markets.
UK Trade & Investment (UKTI) has launched a campaign, Exporting is GREAT, to urge businesses to tap into new areas, which can bring huge opportunities.
More than 300 businesses supported UKTI’s Export Week earlier this month, which highlighted 20 high growth markets: Brazil; China; India; Turkey; Colombia; Egypt; Hong Kong; Indonesia; Malaysia; Mexico; Qatar; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Taiwan; Thailand; UAE; and Vietnam. TheBusinessDesk.com, in association with UKTI held a breakfast seminar at Thorpe Park Hotel, Leeds, to help inform local business people of the benefits of exporting.
Now, UKTI is targeting more than 100,000 northern businesses that are primed for export, providing them with information on access to grants and assistance, and opportunities to meet one-to-one with an expert trade advisor.
Mark Robson, UKTI regional director for Yorkshire and the Humber, said: “Supporting more businesses to export is crucial for Britain and helps spread sustainable growth across the regions.
“We want to reach the many SMEs across Yorkshire and the Humber who are ready to sell offshore, but have yet to take the plunge.
“Regional products, services and expertise are in demand across the world, yet only a relatively small percentage of local businesses currently export. Our international trade advisors can help new exporters at every step of the way with practical advice and support to seek out new international customers.”
The activity is part of a concerted push by Trade & Investment Minister Lord Green to increase the number of British companies that export by a quarter, and double UK exports to £1tn a year by 2020.
Barclays branches across the region are supporting the campaign.
Exporting is GREAT is being piloted in the North of England and parts of the East and West Midlands initially, where there are around 600,000 businesses, many of whom will be ready to export for the first time, or to build on the success they have already found.
