Growth Hub drives £70m in exports

Growth Hub drives £70m in exports

SMEs in Staffordshire trading overseas in 2015 have generated over £70m with support from the Stoke-on-Trent and Staffordshire LEP’s Growth Hub.

The Growth Hub provides support and advice to businesses and works with international trade advisors from UK Trade and Investment (UKTI) to support export growth.

In the period between April and November 2015, UKTI has helped local companies to win export orders totalling around £71.5m.

During the period, 221 businesses received intensive export support, 47 SMEs signed up to UKTI’s New to Export programme and 63 firms received specialist export services.

Rob Lawley, head of UKTI Staffordshire, said: “Exporting can be quite a challenge to any organisation regardless of size, but with the support available via UKTI and the Growth Hub there is no reason why businesses cannot rise to the challenge and trade internationally.

“The area has a large number of excellent companies who can perform well in global markets.

"Our role is to facilitate this and I would encourage any company wishing to start exporting or increase sales overseas to get in contact with us”

The Growth Hub was established by the Stoke-on-Trent and Staffordshire LEP to play a major role in the drive for strong, sustainable business growth across the LEP area.

It acts as the focal point for firms looking to grow, providing growth programmes, business networks, growth groups and links to specialist information, advice and services.

The funding for the Growth Hub was secured from the Government’s Regional Growth Fund through Lancaster University, which led the creation of 15 new growth hubs across the UK.