The UK Government’s Department for International Trade (DIT) is launching a new grant scheme on 14th December to support exporters with business development activity.
Match-funding of between £1,000 and £9,000 is available as a grant to ‘Small & Medium sized Enterprises’ (SMEs).
Companies receive the funds retrospectively upon providing evidence monies have been spent on agreed activities (eg if awarded £5k then firms need to contribute £5k).
Applicants can be new to exporting or an existing exporter looking to get into a new geographic market or launching a new product or service. The activity funded needs to add value and not just be an extension of current activity.
Activities that are in scope include:
- Third party research eg Understanding market standards and regulations
- Sales and marketing costs
- Translation
- Independent market visit
- Trade fair attendance (including flights)
- Cannot replicate an award from the Tradeshow Access Programme (TAP)
Activities not in scope include:
- Salaries
- Capital costs
- Production costs
- Purchase of assets
- Primary producers (eg agriculture)
Interested parties will need to have discussed their proposed activities with an International Trade Adviser prior to an application.
In the first instance please contact:
Mark Rogers, Trade Manager for the Western Gateway
07423 698 315
