UK Trade & Investment

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1 KTrade Investment

2 UK Trade & Investment Joanne Freeman Deputy Regional Director, London London International Trade Team 2 2

3 UK Government s Ambitions Double UK exports to 1 trillion a year by ,000 more UK companies exporting by 2020 One in four UK companies to export (European average) rather than one in five at present Maintain the UK s position as the most favoured location in Europe for inward investment Become the number one location in Europe for investment from emerging markets 3

4 UK Trade & Investment s Mission Support UK companies to grow their business through international trade Connect UK business to the world s top commercial opportunities Attract high quality inward investment to the UK Establish whole-of-government relationships with major wealth creators to increase exports and investment 4

5 UKTI s Global Presence UKTI has more than 1,200 staff in over 100 overseas markets and around 400 people across UK regions UKTI teams identify business opportunities around the world. They support businesses throughout the UK Our advisers are from the private sector, with experience in international trade/investment In London and the South East there are more than 80 International Trade Advisers UKTI has more than 1,200 staff in over 100 overseas markets 5

6 International Trade Advisers (ITAs) Experienced international businesspeople. Give help and advice which is relevant and appropriate to your business. May include: One-to-one advice: Passport to Export 12 month programme for new exporters Gateway to Global Growth 12 month programme for experienced exporters Overseas contacts: UKTI staff; Missions and conferences Financial support (small): Tradeshow Access Programme 6 6

7 UKTI Impartial Advice & Strategic Support Strategic and export business advice Market information and research Assistance in Identifying partners and potential customers Assistance to promote company products Support to visit markets Support whilst in market Identification of Business opportunities 7

8 Passport to Export Support programme for new exporters 500+VAT commitment fee Up to 3,000 matched funding to help you implement specific export plans Winning and Delivering Business Overseas workshop Discounted access to a programme of export training Benefits: overcome barriers, gain confidence to explore new markets, ongoing support, develop skills and understanding 8 8

9 Gateway to Global Growth 12-month bespoke support programme for experienced exporters to diversify into new markets Up to 3,000 matched funding to help you implement specific export plans Access to our Executive Business Development Programme with Cass Business School Benefits: proactive guidance from an ITA, strategic review of your business, quality training options to improve your internal trade potential, ongoing support 9 9

10 Overseas Market Introduction Service (OMIS) Market intelligence to evaluate effectively and research competitive environment Tailored introduction to desired contacts in foreign markets, potential partners, and buyers alike Bespoke support from UKTI staff overseas Access to British Embassies and Consulates Chargeable service 10 10

11 Tradeshow Access Programme (TAP) Participate in an overseas trade show as part of a group of UK businesses led by an Accredited Trade Organisation (ATO) Establish contacts with buyers, agents, distributors and customers Limited financial support available 11 11

12 Export Marketing Research Scheme (EMRS) Bespoke market research: funding possible Companies are able to carry out research on topics such as Market size and segmentation, Regulations and legislation, Customer needs Distribution channels Competitor activity, strategy and performance Benefits: market intelligence to establish a presence in a new market, and reduces risk 12 12

13 Export Communications Review (ECR) Helps identify gaps and issues in marketing communications and maximise the effectiveness of communications with overseas customers. Benefits: handle enquiries from export markets competently, build international image, action plan for improving international communications 13 13

14 How UKTI is helping mid-sized businesses The 2011 (sic) Autumn Statement announced an extra 10m for UKTI to double the number of mid-sized businesses (MSBs) it works with to 3,000. To help deliver this, UKTI is expanding its International Trade Adviser network to increase engagement with MSBs. MSBs can be expected to benefit from UKTI s HVO programme. Lord Green and John Cridland (CBI) led the UK s first ever MSB-focused trade mission to Turkey this year. Further activity has included an opportunity for MSBs to meet Ambassadors from Asian markets to discuss business opportunities, while further MSB specific missions are being considered. 14

15 Strengthening Overseas Business Networks A new International Chambers of Commerce Unit in UKTI established to grow the UK s overseas Business to Business support networks. Additional to UKTI s best-in-class export services. By 2017 the services offered by British business to British business in overseas markets will be a match for any in the world. The 8m pilot programme in 20 markets will radically enhance the support to UK SMEs over the next 3-5 years. Being developed with leading UK business organisations such as the BCC, to ensure a smooth journey from domestic to overseas markets. Continuous programme will be rolled out in further markets following the pilot. 15

16 Further information Joanne Freeman, Deputy Regional Director, London +44 (0) opentoexport.com Social media linkedin.com/ukti twitter.com/ukti youtube.com/uktiweb flickr.com/ukti blog.ukti.gov.uk 16

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