To ask the Secretary of State for International Trade, what steps her Department is taking to support small and medium sized enterprises in (a) Dudley North, (b) Dudley Borough and (c) the West Midlands to increase their exports.
15 April 2021
The Department for International Trade (DIT) delivers a range of export services across the West Midlands, Dudley North and Dudley Borough. These include providing support in accessing international opportunities and trade missions; providing export credit and insurance through UK Export Finance (UKEF); access to DIT’s international network; and support provided by experienced International Trade Advisers (ITAs).
DIT recently announced further support for Small and Medium Enterprises (SMEs) with the introduction a new Internationalisation Fund, providing grants of up to £9k to SMEs to enhance their export potential, and the founding of a new Export Academy, providing businesses with the knowledge, skills and tools to develop and implement an export plan. SMEs will also benefit from direct local support through dedicated Local Enterprise Partnership ITAs that focus on key local priorities.