Applications are now open for UK businesses to apply for grants to attend international trade shows and export their products around the world.
From today, 21 December 2018, businesses can apply for grants up to £2,500 through the Department for International Trade’s (DIT) Tradeshow Access Programme (TAP).
The scheme provides financial support for UK small and medium-sized enterprises (SMEs) to participate in over 55 overseas events including those in Hamburg, Cannes, New York and Shanghai, to name just a few.
If successful, businesses can use the grant to fund direct exhibiting costs, including stand and conference fees.
Minister for Investment Graham Stuart MP said attending international events are an “effective way for those new to exporting, or exploring new territories”, to “meet potential customers face-to-face and start the exporting process”.
“Attending trade shows helps businesses gain market knowledge, forge relationships and raise brand awareness among industry professionals. That is why I’m delighted to be announcing the next raft of TAP-supported events,” he said.
“TAP grants accompany a wide range of support businesses can access through the Department for International Trade. This includes dedicated teams of International Trade Advisers, sector specialists, and a network of staff across the world that are available to help businesses embark on, or develop, their exporting journey.”
The report highlights previous successes, including London-based popcorn manufacturer Joe and Seph’s who secured a major contract with Hong Kong Airlines after attending a confectionary trade show in Germany using TAP funding.
The DIT has advised that businesses contact their local DIT International Trade Adviser for further information about the programme.