fbpx
Event

Internationalisation Fund

18 August 2021

Join BESA and DIT during this session to find out more about the Internationalisation Fund and how it can be used.

When

10am - 11am

Where

This event will
be hosted
online
View Map

Price

Free for BESA members

Join BESA and DIT during this session to find out more about the Internationalisation Fund and how it can be used.

 

The purpose of the Internationalisation Fund is to assist 7,600 SME’s in England to improve international trade performance through co-investment in approved activity. The Fund is supported by the European Regional Development Fund (ERDF) running from December 2020 to early 2023.

Who can receive funding?

SMEs in England with the following characteristics:

  • International High Growth Potential with prospects of employment growth or productivity improvement.
  • A product or service suitable for international trade, or which could be developed for international trade and see international trade as a path for growth
  • ÂŁ500k+ sales/turnover (our target, but those with lower sales/turnover are eligible)

What funding is available?

  • Co-investment funding between ÂŁ1k and ÂŁ9k - total amount of funding available varies in LEP areas
  • Support tools are available to establish the amount of funding SME’s can apply for
  • The Fund Administrator will regularly update funding availability for each LEP area, this supports management of expectations for SME’s and reduces the chance of over-committing funding.

SMEs interested in applying for this fund should first contact their International Trade Advisor to discuss their plans and agree an export plan. If support from the Internationalisation Fund may be appropriate, your ITA will give you further information on how to apply.

 

Speaker

Richard Bond, International Trade Advisor, London and South East International Trade Team, Department for International Trade.

Richard works for DIT providing impartial advice and support for UK companies wanting to develop their export business

 

Join this session to hear more and ask any questions you may have.

 

Reserve your spot below: