Grant helps firms exhibit overseas

UKTI Grant increase helps firms exhibit at overseas trade showsUK Trade and Investment (UKTI) is doubling the number of grants available to small businesses that want to exhibit at overseas trade shows.

At present, the UKTI Tradeshow Access Programme (TAP) enables small businesses to apply for three grants during their firm’s lifetime to help them attend overseas trade fairs.

But from April 2009, firms can apply for an additional three grants, provided they visit trade shows in more than one country and only apply for one grant per financial year.

Grants of £1,000, £1,400 and £1,800 are available to help cover the costs of exhibiting at 400 eligible tradeshows worldwide. Firms can apply for the grants by contacting their regional UKTI International Trade Team or via their industry’s accredited trade organisation. Minister for trade and investment Gareth Thomas said:

“In difficult times, businesses need to be flexible and seek out opportunities. These new rules give small businesses more opportunities to access foreign markets and enable them to attend follow–up trade fairs in markets where they see potential for their business.”

If a business has used up its three grants and wishes to attend another trade fair before April 2009, they are permitted to apply for one of their three extra grants before that date.

Forthcoming trade shows include the Nanotech exhibition in Tokyo, the Frankfurt Book Fair and The Big 5 construction show in Dubai. Businesses applying for grants must intend to exhibit their products at the tradeshow, using at least four metres squared of exhibition floor space.

To search for relevant trade shows and to find contact details for your region’s International Trade Team, visit the UKTI website

For more information on the terms and conditions of applying for TAP grants, visit the UKTI website

Learn more about overseas trading in our business networks article

Grant Increase Helps Firms Exhibit at Overseas Trade Shows

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