New grants available to grow international markets
The Internationalisation Fund - All you need to know
The Department for International Trade (DIT) and European Regional Development Fund (ERDF) have launched a new Internationalisation Fund for SMEs.
SMEs based in England now have the opportunity to apply for the next round of funds which is aimed at helping them reach and expand to new international markets.
Match-funding from £1,000 to £9,000 is available to use for future business activities (subject to eligibility and availability).
To secure a grant, you'll need to fund a proportion of your costs yourself. This varies according to where your business is based and will be either 40 or 50% of the total cost.
The Fund is currently available throughout England except Cornwall & Isles of Scilly, which has its own similar scheme.
What can the funding be spend for?
The funding can also be used for third party advice and services to help your SME to export. Supported areas include (but not exclusively limited to):
Market research
Market access / Routes to market
Overseas business environment
Independent market visits
IP (intellectual property) advice
Translation & cultural services
International social media/SEO
Trade fairs (where no TAP funding is available)
Consultancy and other international commercial services
and more.
Is your business eligible?
Your company must be based in England
Your company must be a small or medium sized business (SME) with up to 250 employees
No more than 25% of the business is owned by an enterprise which is not a SME
Annual turnover does not exceed €50 million or annual balance sheet does not exceed €43 million
Need help? Get in touch with us, we provide a huge variety of services to help you to grow your international markets.
Trade with Europe Ltd provides one-stop solutions for UK businesses to export and grow European markets. Circumvent trade barriers and manage your EU trade from the UK with only minimal disruption to your everyday business.