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Some Key Facts For every £1 that UKTI spends, £22 is generated for the UK economy. UKTI’s estimated total financial benefit to businesses across all.

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Presentation on theme: "Some Key Facts For every £1 that UKTI spends, £22 is generated for the UK economy. UKTI’s estimated total financial benefit to businesses across all."— Presentation transcript:

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3 Some Key Facts For every £1 that UKTI spends, £22 is generated for the UK economy. UKTI’s estimated total financial benefit to businesses across all trade services was around £6 billion last year, up from £5 billion the previous year. This additional profit has helped generate more than 126,000 jobs in the UK. Over 3,000 companies increased R&D activity in the UK as a result of UKTI support. UKTI assisted 24,400 companies to exploit opportunities in overseas markets over a 12 month period.

4 Next Steps Prepare Research Identify Visit Markets– knowledge, briefing, access Network Build relations Win business and Grow

5 Prepare - Why Export?

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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.

8 Research - Where to Export?

9 UKTI Global Networks 2,400 staff 1,300 overseas 99 UK Embassies, High Commissions, Consulates and Trade Offices. 400 Advisers and support staff in nine English regions. 30 Advisers in the North West with experience to help you.

10 UKTI Worldwide

11 Overseas Market introduction Service (OMIS) Tailored market research and contacts from overseas specialists. Cost from £500 to £10,000’s. Highly flexible service to suit market entry strategy, for example: –Simple market suitability snapshot. –Assistance with trade magazines/gaining editorial content. –Warmed contacts lists with gauged interest and comments. –Market visit support – arranging meetings, hotels, resources. –Invitations and hosting marketing events, launches etc. Business Development Clinics One-to-one meetings in UK with overseas sector specialists.

12 Export Market Research Scheme Research how best to deliver products/services. Develop successful market entry strategy. Revise existing presence to increase interest and sales. Up to 50% funding may be available for in-house research. Up to 33% funding may be available for off the shelf reports. Research for success and avoid costly errors and pitfalls.

13 Identify

14 UKTI Website – www.gov.uk/UKTI

15 Visit Markets – Market Visits & Inward Business Delegations Visits to markets led by experienced ITAs plus support of overseas post. while in market. Doing Business in….” cultural workshops in preparation. UKTI provides support in preparing for the visit, ensuring that the company is properly prepared to make the most of their time in the market, and can provide funding to assist with travel and accommodation costs. In-market reception to meet buyers and relevant contacts. Grants/funding may be available.

16 Passport to Export Programme 1 to 1 support from a dedicated International Trade Adviser for up to 12 months A market selection service to help identify your first targets 2 day workshop to help you shape your company`s export strategy, plus a selection of masterclasses on key topics Access to a global network of support and in-market information Support after the programme to help you continue your successful development in international trade.

17 UKTI Services Overview For more information contact: 0333 320 0392 info@uktinorthwest.co.uk Thank You


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