A package of measures to help businesses in England build back better following the pandemic has been announced by the Government.
The Department for International Trade’s (DIT) Export Growth Plan provides additional financial support and expertise, some of which is targeted towards Derbyshire and Nottinghamshire based businesses.
The plan includes a £38 million Internationalisation Fund for small businesses, which will help up to 7,600 SMEs in England grow their overseas trading and strengthen their business.
Additional support for exporters will be provided by 64 new International Trade Advisers (ITAs), many of them working closely with Local Enterprise Partnerships (LEPs), who will lend their expertise to small businesses in the Midlands Engine, Northern Powerhouse and South West.
Head of Exports at DIT for the Midlands region, Ian Harrison said, “The Department’s recently launched Export Growth Plan will have a big impact across our region. Importantly, it will allow businesses in Derbyshire and Nottinghamshire to grow their overseas trade and help them recover from the economic impact of coronavirus. This package of measures will ensure Midlands companies are supported from the start, with more funding, more Trade Advisers and the establishment of the Export Academy to help businesses build back better.”