Thursday, 10 Nov 2011
The National Challenge: Exporting for Growth
Government is helping small and medium sized enterprises (SMEs) to survive and grow, but we will achieve much more by working in partnership with the whole business community. Encouraging export growth and ensuring businesses are financially fit for growth is critical.
The Exporting for Growth event to be held on 10 November 2011, supported by HSBC and PwC, is part of a long-term initiative to encourage professional advisers to business to join in a national challenge and play their part in increasing the number of SME exporters. We all have a role to play in ensuring businesses are aware of the help and advice available, not just from Government, but also from the wider business community.
Trade and Investment Minister Lord Green will launch a national campaign to highlight the valuable role professionals and organisations closest to UK firms can have in encouraging them to pursue growth through exports.
The inaugural business event, which takes place in the lead up to Global Enterprise Week, will see more than 400 people attend the event from banks, accountancy and legal firms, trade networks and representatives from key trade bodies and devolved administrations.
These groups have a unique ability to influence the companies they work with, many of them potential exporters, and can act as powerful 'multipliers' when it comes to helping boost UK export growth.
Lord Green, Minster for Trade and Investment states, 'Government needs the help of those that interact with SMEs on a regular basis to get the message out loud and clear that competing in the global marketplace makes business sense. Against a difficult economic backdrop we know that growth in the UK economy is only going to come from improving our export story, especially to the emerging economies around the globe.'
Supported by HSBC and PwC, the event will be followed by a series of regional UK events over the next six months, to engage more of these influential business advisers.
The scheme is part of a concerted campaign led by Lord Green and UKTI Chief Executive Nick Baird to increase the number of British companies who export, from current levels of around 20% to 25% or more. By increasing the number of companies who export by roughly a quarter, about £36 billion could be added to the UK economy.
You can watch the Prime Minister’s speech at the event on the No. 10 website.
Supported by HSBC and PwC