Heathrow and the Department for International Trade are giving a boost to 20 Exporters looking to reach new long-haul markets.
The World of Opportunity Programme will award 20 SMEs with grants worth £2,000 to fund trade missions or foreign market research. DIT will support each winner to help their research and missions and promote the competition.
A panel of exporting experts including Lord Deighton, Heathrow’s chairman and Parveen Thornhill, Head of London & Devolved Administrations from DIT will select this year’s winners.
In order to win one of the grants applicants will demonstrate why their business is suitable to expand their export capability as well as outline why they have identified their target overseas market.
The World of Opportunity Programme is part of Heathrow’s plan to ensure British businesses benefit from the economic opportunities the airport provides.
Heathrow chairman, Lord Deighton said: “We are delighted to open the World of Opportunity SME Grants Programme for the second year in a row, in partnership with the Department for International Trade and supporting the ‘Exporting is GREAT’ Campaign.
“Last year, we helped a wonderful range of British exporters - from beauty products to specialist tyres and snow sport instructors to architects – from all across the nations and regions of the UK. We helped them explore new markets, progress their exporting ambitions and look forward to helping more SMEs this year. These SMEs are showing the world that the UK is open for business – and I am confident this year’s winners will be just as impressive.”
Last year one of the grants was won last year by Grantown-on-Spey’s British Association of Snowsport Instructors (BASI), which helped them attend the World Winter Sports Expo in Beijing and grow their business in China.
Tania Alliod, BASI communications & partnerships manager, said: “Our World of Opportunity grant has helped us, the British Association of Snowsport Instructors, grow massively in China. With the grant, we were able to attend the World Winter Sports Expo 2017 in Beijing, raising the profile of what we do and how we do it. This led to us running the highest volume of courses since we began our first Chinese course. We’re delighted that there are now over 200 Chinese instructors who have achieved a BASI.”
International Trade Secretary Dr Liam Fox MP said: “Last year’s World of Opportunity Programme was enormously successful, helping to generate tens of thousands of pounds of business for SMEs from across the UK.
“There is significant demand for UK goods and services across the globe, and my international economic department is here to support businesses of all sizes as they look to seize the wealth of opportunities available.”
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement