Passport to Export Grow your Business Internationally
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1 Trade: Exporting to the World Passport to Export Grow your Business Internationally
2 The Programme Passport to Export is UKTI s flagship development programme. If your company is chosen for the Passport to Export 12-month programme, you will benefit from a personally tailored package of support that includes: Expert coaching, guidance and advice from industry and market specialists Grant funding to support your export plans High-level training Access to overseas market introductions Ready links to UKTI staff in 96 countries across the globe The help we received from our UKTI International Trade Adviser through the Passport to Export scheme has been a valuable contributing factor in our export success, which represented 44 per cent of our sales in the financial year 2010/11. It can be difficult for small firms to expand overseas without the assistance available from UKTI. UKTI provided affordable support and intelligent advice that enabled us to expand overseas rather than use expensive third-party services. Robert Newry, Managing Director - NewField IT
3 Identifying the opportunities Passport to Export Benefits of the Programme Passport to Export has already delivered overseas success for thousands of innovative, ambitious companies. Over 80 per cent of Passport graduates report increased sales, rising productivity and growing profitability as a direct result of the programme *. If you are a new or less experienced exporter with ambitious growth plans and innovative products or services then Passport to Export is for you. Passport to Export begins with a company and market assessment to support the creation of an export action plan, and agreement on the financial support available to deliver it. Most crucial of all though will be your International Trade Adviser (ITA). Your ITA will be a private sector export expert who will work with you to develop and deliver practical plans based on your objectives and resources. Your ITA will be a guide, a mentor and adviser upon whom you call * Performance and Impact Monitoring Survey (PIMS) - Dec 2011 The Passport to Export programme has encouraged us to develop and focus on a clearly defined plan to establish a presence in the UAE. Our International Trade Adviser has been useful from the outset - supporting and encouraging us, and we will no longer be totally dependent on the UK market. Derek Wightman, Group Director - Avalon Abseiling Ltd for up to 12 months. Collectively, our ITAs have over 200 years of export experience, leading the teams of both multinationals and hi-tech SMEs, in nearly every developed and developing market in the world. Passport to Export offers flexible advice and support that is specifically tailored to your business needs. What can Passport to Export do for you? Advice and guidance Up to six days of advice from your International Trade Adviser (ITA) to identify business needs and develop your export strategy. Your ITA will be a dedicated, sector specialist with an extensive business background, backed up by over 50 colleagues with additional country and market experience. An Export Action Plan Describing the key steps and activities to deliver your export ambitions, including: selecting appropriate markets; developing your product or service; meeting legislative requirements; finding contacts and getting paid. Develop Your Skills Places for two people from your company on the Winning and Delivering Business Overseas workshop to help you refine your strategy and plans, and network with other businesses taking the same exporting journey as you. Plus a range of one-day master classes on export topics, discounted for Passport companies by 20 per cent. Working closely with my International Trade Adviser on the Passport to Export programme, and tapping into the UKTI global network has given me the confidence to develop the business internationally. I m now thinking about setting up stand-alone stores worldwide. Alex Monroe, Founder - Alex Monroe I feel the course saved us from making a mistake and helped determine the best route (to market) for us Jonathan Mosley Director of Sales and Marketing E-Training World The course helped shape my strategy, gave me an understanding of vast help available within UKTI and was an excellent networking tool. Mervyn Levin Director Levering Ltd
4 Benefits of the Programme Market Visits Help to research and plan visits to your target market, often supported by a travel subsidy to help meet the costs. Financial Support Up to 1,000 matched funding to help you implement specific export plans agreed by your International Trade Adviser. Access to our global network With 2,400 staff and a presence in 96 countries, UKTI can assist you on every step of your exporting journey with support from UKTI staff at home and overseas. Market Research Advice on how to undertake effective international research before making a market visit. Events and workshops An opportunity to attend a wide range of events every year to develop your export skills, meet other exporters and understand the different business cultures in overseas markets. Value of package Passport to Export costs many thousands of pounds to provide: its value to companies that participate is considerably more. However, if you are selected for Passport to Export, all that is asked of you is a 500 commitment fee. Contact the London and South East International Trade Teams to find out more about the service and the suitability for your business. Crown copyright 2011 You may re-use this information (excluding logos and images) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit: doc/open-government-licence/ Or you can psi@nationalarchives.gsi.gov.uk Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Any enquiries regarding this publication should be ed to us at: enquiries@ukti.gsi.gov.uk Or you can call: +44 (0) This publication is also available at: Contact us South East team E: info@uktisoutheast.com T: +44 (0) London team E: export@uktilondon.org.uk T: +44 (0)
5 To find out more, scan this code with your smart phone (0) UK Trade & Investment is the Government Department that helps UK-based companies succeed in the global economy. We also help overseas companies bring their high-quality investment to the UK s dynamic economy acknowledged as Europe s best place from which to succeed in global business. UK Trade & Investment offers expertise and contacts through its extensive network of specialists in the UK, and in British embassies and other diplomatic offices around the world. We provide companies with the tools they require to be competitive on the world stage. UK Trade & Investment is responsible for the delivery of the Solutions for Business product Helping Your Business Grow Internationally. These solutions are available to qualifying businesses, and cover everything from investment and grants through to specialist advice, collaborations and partnerships winner Best Trade Promotion Organisation in the developed world. Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Innovation & Skills (BIS), and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. The paper in this document is made from FSC mixed sources Totally recyclable & biodegradable. Published April 2012 by UK Trade & Investment Crown Copyright
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