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Shropshire companies can get funding support for overseas trade shows

By Deborah Hardiman | News | Published:

Businesses across the Shropshire, and Telford & Wrekin looking to expand their overseas markets are in line for funding to visit international trade shows.

Marches Growth Hub chairman Paul Hinkins

Grants are available for small and medium-sized enterprises across The Marches area to meet some of the cost of attending shows and taking advantage of new export opportunities.

Events include food show The International Production & Processing Expo in Atlanta, Georgia from January 23-30; Toronto Gift Fair in Toronto from January 26-30; and health show Arab Health, in Dubai, from January 27-30.

Companies must be prepared to contribute at least £2,000 – of which around half would be covered by the European Regional Development Fund (ERDF) - and the money can used towards flights, accommodation and events.

Vital

Marches Growth Hub chairman Paul Hinkins said support could play a vital part in helping businesses on their way to attracting orders abroad.

“We know from experience that trade shows are worth their weight in gold when it comes to developing contacts and being able to get your products into new markets.

“There is funding available through the ERDF)to help SMEs with their international growth aspirations, including visiting or exhibiting at a variety of key international events, but it needs to be taken up by the end of January 2020.

"The funding must be used to stimulate new activity, such as exploring new markets, and there are grants of between £1,000 and £10,000 available subject to specific eligibility criteria,” Mr Hinkins said.

Deadline for applications is January 31 and interested businesses should contact the Department for Trade and Industry’s regional European Regional Development team at erdf@wmchambers.co.uk or on 0121 6071770.

Other industry shows include fashion and IT.

Deborah Hardiman

By Deborah Hardiman
@Deborahh_Star

Senior reporter for the Shropshire Star based out of the head office in Ketley. Covering the Telford area.

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