UK must match export support schemes of other nations, say small firms - News Summed Up

UK must match export support schemes of other nations, say small firms


The government’s Tradeshow Access Programme, which has closed, had helped small companies pay for exhibition space and stand costs at international events such as the Gulfood fair in DubaiExport support should be better funded to match that offered to small companies by international rivals, a trade body has demanded. Following the government’s closure of the longstanding Tradeshow Access Programme (TAP), which provided grants to cover some of the cost of attending overseas events, the Federation of Small Businesses called on it to be replaced with a better, more generous scheme. SponsoredIt acknowledged that TAP was “not good value” but said small firms still struggled to justify the upfront costs of trying to generate overseas orders. The FSB said the UK should learn from other support schemes, such as Canada’s CanExport, which provides up to C$75,000 (£43,000) in grants to cover up to 75 per cent of the costs for export marketing in new


Source: The Times August 06, 2021 08:38 UTC



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