Fastest Growing Businesses Have Successfully Exploited Overseas’ Markets

UK Trade & Investment’s (UKTI) Export Week will take place between 11-15 November 2013.

The national Government-led event follows an earlier Export Week in May which focused on high growth markets.

Export Week incorporates a series of regional events where at least one workshop or seminar will take place each day. 
 
A key part of the week will be ExploreExport  - a road show visiting eight English regions where over 130 UKTI trade specialists from over 70 markets will hold pre-booked one-to-one meetings for any company that signs up.

Last month, UKTI launched a new programme for small and medium sized enterprises (SMEs) which helps them attract customers from overseas through the internet. It is predicted that 7,000 UK SMEs will benefit.

At the time of launching the initiative, Vince Cable announced that for the first time the UK will have an approved global network of business-to-business support. By the end of next year, SMEs will benefit from 40 approved support networks in UKTI’s top high growth markets including India and China.

Vince Cable said: “Supporting more small and medium sized businesses to export is a crucial part of the government's plan to rebalance our economy, create jobs and boost prosperity.

“Britain has moved back up into fifth place in the IMF's worldwide ranking of exports of goods and services. UKTI's ‘Grow Online, Expand Worldwide’ campaign will help even more businesses to tap into the global appetite for British goods and services.”

Expert Opinion

Export Week was very successful in May and I’m sure this latest one will be just as useful for SMEs looking to take advantage of new markets abroad. <br/> <br/>“A recent report by Deloitte highlighted that many of the fastest growing businesses in the UK have successfully exploited new markets overseas. We certainly support this view and believe it’s vital that more smaller, entrepreneurial firms tap into this opportunity. <br/> <br/>“I would urge businesses looking at opportunities abroad to get involved with Export Week. I’d also recommend, however, that before taking their next steps, they ensure that they have taken the appropriate professional advice. Whether it is advice in relation to finance and property or legal support on contracts, it is vital that businesses are fully prepared.” <br/> Steven Beahan - Partner