Wednesday, 04 Dec 2013
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Passport to Export : benefits, content, duration, eligibility
The programme allows companies to:
Get started in international trade
Assess and develop their capability to export
Save time and money in achieving international trade
Get help and support in selecting and visiting a market
Considering Passport or other UKTI services?
International trade review based around a set of focused questions to assess readiness to export and inform trade development needs.
Face to face time with an International Trade Adviser (ITA) to develop an action plan and support throughout the passport journey.
Face to face group training on the key export stages [ such as choosing a sales presence, getting the customs side right or promoting your product ] with an opportunity to develop a deeper understanding of how these relate to a company’s particular objectives. Link to Guide.
Advice and assistance with market research including input from UKTI global teams overseas
Export Vouchers Access to matched funding subject to eligibility towards the costs of implementing activities in your action plan. The amount of matched funding available has recently been increased, following the additional funds announced in the Autumn Statement made available to UKTI, to £3,000.
Access to UKTI’s international network and signposting to other UKTI services.
Networking opportunities to learn from other exporters.
Who is eligible?
New to export, with exports no more than 25% of turnover and proactive exports not exceeding 10%
Company should meet the definition of R & D intensive – less than five years old, but more than one year.
Companies should employ fewer than 250 people
Companies should have an annual turnover of less than £50 million, and an annual balance sheet is less than £43 million